US mortgage rates rise above 7% for the first time since 2002
The monthly payment on a median priced home is 78% higher now than it was a year ago for buyers who are able to make a 20% down payment.
The monthly payment on a median priced home is 78% higher now than it was a year ago for buyers who are able to make a 20% down payment.
Zillow reportedly laying off 300 workers
A spokesperson for the company said Zillow is still hiring in 'key technology-related roles.'
A spokesperson for the company said Zillow is still hiring in 'key technology-related roles.'
NYC workers must put in over 100 hours a week to afford an apartment: Report
According to a new survey, minimum-wage workers would need to spend 111 hours on the job per week just to afford a one-bedroom apartment in the city.
According to a new survey, minimum-wage workers would need to spend 111 hours on the job per week just to afford a one-bedroom apartment in the city.
These housing markets are seeing the largest drop in prices since the pandemic peak
Housing prices are continuing to cool off — and data shows one area of the country, in particular, is seeing the highest drop.
Housing prices are continuing to cool off — and data shows one area of the country, in particular, is seeing the highest drop.
NYC rents softening; landlords offering concessions
Although rents have started to decline, inflation has increased the cost of just about everything else, from gasoline to groceries. It means the high cost of living in New York is driving the lowest wage earners out of the city.
Although rents have started to decline, inflation has increased the cost of just about everything else, from gasoline to groceries. It means the high cost of living in New York is driving the lowest wage earners out of the city.
Mortgage activity hits 25-year low as rates rise
The Federal Reserve's strategy of raising interest rates in an attempt to fight sky-high inflation is sending mortgage rates higher, impacting home buyers.
The Federal Reserve's strategy of raising interest rates in an attempt to fight sky-high inflation is sending mortgage rates higher, impacting home buyers.
US housing recession could send home prices tumbling 20%, economist says
Home prices have already declined 5% from their May peak.
Home prices have already declined 5% from their May peak.
These are the top 10 U.S. cities with the biggest homes
A new housing report finds that cities with stable job markets and a low cost of living factor into homebuyers' demand for bigger homes.
A new housing report finds that cities with stable job markets and a low cost of living factor into homebuyers' demand for bigger homes.
Launch of futuristic, floating luxury homes goes sideways
Developers had planned to begin offering the floating, eco-friendly homes for sale next year.
Developers had planned to begin offering the floating, eco-friendly homes for sale next year.
The Brownstone Boys restore Brooklyn homes
A Brooklyn couple has turned their love of renovating a historic home into a business.
A Brooklyn couple has turned their love of renovating a historic home into a business.
Redfin predicts sharpest turn in housing market since 2008 crash
After two years of record high sales, data shows the housing market is starting to cool down.
After two years of record high sales, data shows the housing market is starting to cool down.
Concern as corporations buy up NYC real estate
As corporations buy more and more real estate in New York City, some tenants say they're being pushed out at the end of their leases or facing massive rent hikes.
As corporations buy more and more real estate in New York City, some tenants say they're being pushed out at the end of their leases or facing massive rent hikes.
Here are the top 20 cities for Generation Z in 2022
A recent real estate study finds that the most appealing destinations for Gen Zers are based in the Northeast, Midwest, and Southwest.
A recent real estate study finds that the most appealing destinations for Gen Zers are based in the Northeast, Midwest, and Southwest.
Rising sea levels to flood nearly 650,000 oceanfront properties across US by 2050, study finds
The effects will strain the pocketbooks of not only the property owners, but also the cities and counties who rely on those property taxes.
The effects will strain the pocketbooks of not only the property owners, but also the cities and counties who rely on those property taxes.
Bank of America tests no-down-payment mortgages for homebuyers in Black, Latino neighborhoods
The program – called the Community Affordable Loan Solution – will be available to people in certain predominantly Black and Hispanic neighborhoods.
The program – called the Community Affordable Loan Solution – will be available to people in certain predominantly Black and Hispanic neighborhoods.
New Yorkers who fled during the pandemic are returning to the Big Apple
They called it the great migration. Thousands of New Yorkers left the city during the pandemic. But now they're coming back.
They called it the great migration. Thousands of New Yorkers left the city during the pandemic. But now they're coming back.
Homebuyers are taking back their bargaining power, survey shows
Approximately 92% of homeowners accepted 'some buyer-friendly terms' when selling their home last month.
Approximately 92% of homeowners accepted 'some buyer-friendly terms' when selling their home last month.
U.S. housing market cooling off
The U.S. housing market is finally showing signs of cooling off, although higher interest rates are limiting potential buyers and driving people to look at alternative financing options.
The U.S. housing market is finally showing signs of cooling off, although higher interest rates are limiting potential buyers and driving people to look at alternative financing options.
Massive rent hikes may finally be coming to an end, economist says
Rent prices are still at an all-time high for many tenants, but data shows asking rent prices have begun to slow.
Rent prices are still at an all-time high for many tenants, but data shows asking rent prices have begun to slow.
Severe US housing downturn 'possible,' with prices falling 10%-15% over multi-year period, report says
In the case of “a more pronounced” U.S. housing downturn, Fitch analysts predicted that home prices could fall 10% to 15% in the next few years.
In the case of “a more pronounced” U.S. housing downturn, Fitch analysts predicted that home prices could fall 10% to 15% in the next few years.