Housing Market
All Reports
February 4, 2022
Saving pandemic-related stimulus money is the second-most common way to accumulate money for a down payment. Nearly one-quarter (24%) of first-time homebuyers are using stimulus money for their down payment, according to a recent Redfin survey. Stimulus money is the second-most common way of accumulating money for a down payment, after saving directly from paychecks. […]
February 3, 2022
Despite a dearth of homes for sale and the typical monthly mortgage payment reaching a new high, homebuyers are eager to get their foot in the door before mortgage rates tick up further.
February 3, 2022
The total value of U.S. homes soared 19% year over year to $39 trillion in December, the largest gain that month since at least the start of the millennium. Popular migration destinations including Austin, Phoenix, Boise and Cape Coral led the way, all with increases of more than 30%. Austin’s $103 billion gain is roughly […]
January 31, 2022
The share of newly built single-family homes on the market is at a record high as builders try to keep up with surging homebuyer demand fueled by low mortgage rates, low inventory and remote work. More than one-third (34.1%) of U.S. single-family homes for sale in December were new construction, up from 25.4% a year […]
January 28, 2022
Atlanta, Phoenix and Tampa have relatively high rates of inflation—between 8% and 9%—and they’re all popular migration destinations. That’s double the inflation rates in San Francisco and New York, places people are moving away from. Migration into those places is one reason for rapidly rising prices of consumer goods and services. Because of high inflation, […]
