From Our CEO
U.S. Investor Home Purchases Fell 6% in the Second Quarter, the Biggest Decline Since 2023
In the second quarter, investor purchases of U.S. homes fell to their lowest springtime level since 2020. The decline was especially big for condos. But
Cheaper Mortgage Payments Bring a Trickle, Not a Surge, of Homebuying Demand
The weekly average mortgage rate has ticked down to its lowest level in over 10 months. But home-sale prices are still rising, and pending home
U.S. Homeowner Population Stops Growing for First Time in Nearly a Decade
The number of homeowner households fell 0.1% year over year in the second quarter—a small decline, but the first since 2016. Meanwhile, the number of
In Vacation Towns, Home Sales Are Falling and Prices Are Stagnating
Home sales are falling a bit faster in seasonal towns than non-seasonal towns, partly because second-home buyers are backing off amid economic uncertainty and tight
San Francisco is the Only Major U.S. Metro Where Housing Costs Have Returned to ‘Normal’—But That Doesn’t Mean It’s Affordable
San Francisco is the only major U.S. metro area where housing costs have returned to “normal”—and Bay Area neighbors Oakland and San Jose are not
U.S. Housing Costs to Return to ‘Normal’ by 2030 With Stable Price Growth and Moderately Lower Rates
This year, the U.S. housing market has been described as “a nightmare,” “very unusual” and “alarming,” along with expletives we can’t write here. And with
U.S. Investor Home Purchases Fell 6% in the Second Quarter, the Biggest Decline Since 2023
In the second quarter, investor purchases of U.S. homes fell to their lowest springtime level since 2020. The decline was especially big for condos. But
Cheaper Mortgage Payments Bring a Trickle, Not a Surge, of Homebuying Demand
The weekly average mortgage rate has ticked down to its lowest level in over 10 months. But home-sale prices are still rising, and pending home
U.S. Homeowner Population Stops Growing for First Time in Nearly a Decade
The number of homeowner households fell 0.1% year over year in the second quarter—a small decline, but the first since 2016. Meanwhile, the number of
In Vacation Towns, Home Sales Are Falling and Prices Are Stagnating
Home sales are falling a bit faster in seasonal towns than non-seasonal towns, partly because second-home buyers are backing off amid economic uncertainty and tight
San Francisco is the Only Major U.S. Metro Where Housing Costs Have Returned to ‘Normal’—But That Doesn’t Mean It’s Affordable
San Francisco is the only major U.S. metro area where housing costs have returned to “normal”—and Bay Area neighbors Oakland and San Jose are not
U.S. Housing Costs to Return to ‘Normal’ by 2030 With Stable Price Growth and Moderately Lower Rates
This year, the U.S. housing market has been described as “a nightmare,” “very unusual” and “alarming,” along with expletives we can’t write here. And with
