From Our CEO

Housing Market Update: Sellers Rush to Find Buyers Before Demand Weakens Further
New listings climbed sharply and the share of listings with price drops reached a 2.5-year high as early-stage homebuyer demand declined.

Homebuyer Competition Falls for Second-Straight Month, Hitting Lowest Level in Over a Year
61% of home offers faced bidding wars in April—down from 63% a month earlier and 67% a year earlier—as surging mortgage rates prompted buyers to
Rental Market Tracker: Growth in Asking Rents Slows for the 1st Time in a Year
Rents rose 15% year over year in April, down from March’s 17% increase. Still, Austin, Portland and South Florida saw rents surge more than 30%.
Just 45% of Black Families Own Their Home, Compared With 74% of White Families–And the Gap Has Hardly Narrowed Over the Last Decade
The homeownership rates for both Black and white families rose slightly over the last 10 years, with part of the increase taking place during the
Demand For Second Homes Is Way Down From Last Year’s Boom
Sky-high prices, loan-fee increases and financial-market weakness are putting a dent in demand for vacation homes, which soared during the pandemic. There’s still more demand

Housing Market Update: Shrinking Pool of Buyers Snatch Up Homes at Record Pace
Demand for homes is falling, but homes are still selling fast as the buyers who remain rush to beat rapidly rising mortgage rates.

Housing Market Update: Sellers Rush to Find Buyers Before Demand Weakens Further
New listings climbed sharply and the share of listings with price drops reached a 2.5-year high as early-stage homebuyer demand declined.

Homebuyer Competition Falls for Second-Straight Month, Hitting Lowest Level in Over a Year
61% of home offers faced bidding wars in April—down from 63% a month earlier and 67% a year earlier—as surging mortgage rates prompted buyers to
Rental Market Tracker: Growth in Asking Rents Slows for the 1st Time in a Year
Rents rose 15% year over year in April, down from March’s 17% increase. Still, Austin, Portland and South Florida saw rents surge more than 30%.
Just 45% of Black Families Own Their Home, Compared With 74% of White Families–And the Gap Has Hardly Narrowed Over the Last Decade
The homeownership rates for both Black and white families rose slightly over the last 10 years, with part of the increase taking place during the
Demand For Second Homes Is Way Down From Last Year’s Boom
Sky-high prices, loan-fee increases and financial-market weakness are putting a dent in demand for vacation homes, which soared during the pandemic. There’s still more demand

Housing Market Update: Shrinking Pool of Buyers Snatch Up Homes at Record Pace
Demand for homes is falling, but homes are still selling fast as the buyers who remain rush to beat rapidly rising mortgage rates.