Homebuyers had enough. Spiked mortgage rates on top of record home price appreciation—up 42% since the onset of the pandemic—pushed monthly mortgage payments to a level...
To better understand the ongoing housing cycle, let’s take a closer look at how it does—and doesn’t—look like a housing bubble. Read More
“Home prices are already adjusting down, and we could see that continue until consumer confidence and affordability resets,” Ali Wolf, chief economist at Zonda, tells Fortune....
47.8% of Provo home sellers cut their list price in May. Read More
Fed Chair Jerome Powell finally addressed the central bank’s plans for the U.S. housing market. Read More
Over the coming 12 months, Zillow predicts that U.S. home prices will climb another 11.6%. Read More
By historical measures, the housing market is overvalued. However, Zillow says that doesn’t mean we’re in another housing bubble. Read More
As data trickles in for April, it’s becoming clear that the historically hot housing market has flipped trajectories. Read More
America’s 100 largest housing markets are overpriced relative to fundamentals, finds researchers at Florida Atlantic University. Read More
The swift jump in mortgage rates puts homebuyers in the worst position since 2007. At least according to this metric produced by Black Knight. Read More