From Our CEO
U.S. Asking Rents Ended 2024 at the Lowest Level in Nearly Three Years
The median asking rent fell 0.3% year over year in December to $1,594, the lowest since March 2022. Austin, TX posted the biggest decline, with
Home Tours Rise Modestly to Start 2025, But That Hasn’t Translated to More Sales
More house hunters are hitting the pavement as the new year starts, but pending home sales are down as daily average mortgage rates hit a
More Than One-Third of Homeowners Say They’ll Never Sell
Many homeowners are staying put because today’s housing costs are so high. More than one-third (34%) of U.S. homeowners say they’ll never sell their home,
Housing Affordability Didn’t Worsen in 2024—The First Time in Four Years That Has Happened
A household earning the median U.S. income would have had to spend 41.8% of their earnings on monthly housing costs to buy the typical home
New Listings Rise 8%, Giving the New Year’s Buyers More Homes to Choose From
Supply increased from a year earlier to close out 2024, while pending home sales posted a small decline as mortgage rates remained near 7%. We’re
Housing Supply Just Hit a Four-Year High. But That’s Partly Because So Many Homes Are Sitting on the Market Unsold.
Over half of home listings last month sat on the market for 60 days or longer—the highest November share since 2019. That’s a major reason
U.S. Asking Rents Ended 2024 at the Lowest Level in Nearly Three Years
The median asking rent fell 0.3% year over year in December to $1,594, the lowest since March 2022. Austin, TX posted the biggest decline, with
Home Tours Rise Modestly to Start 2025, But That Hasn’t Translated to More Sales
More house hunters are hitting the pavement as the new year starts, but pending home sales are down as daily average mortgage rates hit a
More Than One-Third of Homeowners Say They’ll Never Sell
Many homeowners are staying put because today’s housing costs are so high. More than one-third (34%) of U.S. homeowners say they’ll never sell their home,
Housing Affordability Didn’t Worsen in 2024—The First Time in Four Years That Has Happened
A household earning the median U.S. income would have had to spend 41.8% of their earnings on monthly housing costs to buy the typical home
New Listings Rise 8%, Giving the New Year’s Buyers More Homes to Choose From
Supply increased from a year earlier to close out 2024, while pending home sales posted a small decline as mortgage rates remained near 7%. We’re
Housing Supply Just Hit a Four-Year High. But That’s Partly Because So Many Homes Are Sitting on the Market Unsold.
Over half of home listings last month sat on the market for 60 days or longer—the highest November share since 2019. That’s a major reason
