For Week Ending June 1, 2024 The average American household spent 24.2% of their income on mortgage payments in the first three months of the year, according to the National Association of REALTORS®, down from 26.1% the previous quarter. Assuming … Continue reading →

For Week Ending May 25, 2024 Prospective homebuyers received good news recently in the form of declining mortgage rates, which fell for the third consecutive week, offering consumers some relief amid persistent affordability challenges. According to Freddie Mac, the 30-year … Continue reading →

For Week Ending May 18, 2024 According to the 2021 American Housing Survey, approximately 10.2 million households bought and moved to a new home in the two years preceding the date the survey was conducted. Of those, 40% of buyers … Continue reading →

For Week Ending May 11, 2024 The trend toward building smaller homes continues, as America’s homebuilders respond to demand for more affordable housing. According to the U.S. Census Bureau, median single-family home sizes declined 4% annually in 2023 to 2,179 … Continue reading →

For Week Ending May 4, 2024 The best time to sell a home is in the first half of the year, according to a new report from ATTOM. An analysis of more than 59 million home sales from 2011 to … Continue reading →