The share is more than twice that high in Phoenix and Las Vegas, both pandemic boomtowns. Investors are selling at a loss as elevated mortgage
Pandemic boomtowns and pricey coastal markets, including Austin and San Jose, saw among the largest price declines. In many more affordable areas, prices continued to
The median asking rent fell 0.4% in March to the lowest level in 13 months. Austin and Chicago saw the largest declines, while Raleigh and
Prices declined as sellers responded to a drop in homebuyer demand spurred by elevated mortgage rates. San Jose and Austin saw prices fall at roughly
Sellers are offering to cover the cost of repairs, mortgage-rate buydowns and closing costs as rising interest rates dampen homebuyer demand. Pandemic boomtowns and pricey
The median U.S. asking rent is up just 1.7% from a year ago—the smallest gain since May 2021—as landlords grapple with vacancies due to still-high
The share is more than twice that high in Phoenix and Las Vegas, both pandemic boomtowns. Investors are selling at a loss as elevated mortgage
Pandemic boomtowns and pricey coastal markets, including Austin and San Jose, saw among the largest price declines. In many more affordable areas, prices continued to
The median asking rent fell 0.4% in March to the lowest level in 13 months. Austin and Chicago saw the largest declines, while Raleigh and
Prices declined as sellers responded to a drop in homebuyer demand spurred by elevated mortgage rates. San Jose and Austin saw prices fall at roughly
Sellers are offering to cover the cost of repairs, mortgage-rate buydowns and closing costs as rising interest rates dampen homebuyer demand. Pandemic boomtowns and pricey
The median U.S. asking rent is up just 1.7% from a year ago—the smallest gain since May 2021—as landlords grapple with vacancies due to still-high