Market Data + Trends Home Flippers See Increased Profits Despite a Challenging Housing Market In Q1 2024, one in every 12 home sales transactions was a home flip
Construction Construction Industry Sees Employment Growth in May The construction sector added 21,000 jobs in May, with Ohio seeing the most growth
Housing Markets 32 Housing Markets That Are Back to Pre-Pandemic Inventory Levels Most of the markets seeing high inventory levels are in southern states, such as Texas and Florida
Market Data + Trends Predicting the Future Value of a Home Trying to time the market for home value appreciation is tricky. Based on historical data, experts weigh in on what the future may hold for home values
Affordability Policymakers, Nonprofits Should Work Together to Solve the Housing Affordability Crisis Home prices have increased by 47%, while rental rates are up by 26% since 2020
Market Data + Trends To Afford the Typical Mortgage Payment, US Buyers Need a $127,000 Down Payment This means a median-income household needs a 35.4% down payment to make monthly costs affordable
Housing Markets These Cities Are Seeing the Most Population Growth US Census data show cities in Texas have gained the most new residents year-over-year
Market Data + Trends Mortgage Rates Stay High, Builder Confidence Remains Low As confidence in the housing market declines, more builders are turning to sales incentives to entice homebuyers
Market Data + Trends Despite Recent Gains in Construction Activity, the US Housing Shortage Persists Coastal markets, such as San Francisco and Seattle, are feeling the shortage the most due to geographical costraints and strict zoning regulations
Market Data + Trends A Record Number of Homeowners Don’t Have Mortgages Right Now Mortgage rates are high, but many households remain unaffected due to the number of mortgage-free homes