‘Hot’ Rental Markets to Watch in 2024
For those that cannot buy in the current housing market, those people must turn to renting. If you live in Atlanta, Kansas City, or Cincinnati, renting may be the predominant… Read more »
Author Archives: Rod Patershuk
Mortgage rates sit still in the first week of 2024
In the first week of 2024, mortgage rates continued to stick around the mid 6% mark. The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, a slight increase from… Read more »
Housing Market Tracker: Inventory is negative YOY
Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940… Read more »
Rents Cool Nationwide as Rental Supply Continues Upward Trend
While housing supply remains on the upswing, the median U.S. asking rent fell 0.6% year-over-year to $1,995 in May—the largest annual decline since March 2020—according to a new report from… Read more »
Bidding Wars Heating Up for Starter Homes
A new report from Zillow has found that entry-level home shoppers are dealing with faster-rising prices and more competition than those seeking more expensive homes. “Buyers shopping for the least-expensive… Read more »
Home Sales Attempt to Recover After 2.4% Slide in March
As affordability constraints and lack of inventory remains a struggle for many potential homebuyers, existing-home sales edged lower in March, according to the National Association of Realtors. New data revealed… Read more »
4 Luxury Home-Staging Trends for 2023
Anyone associated with the real estate market knows well that trends ebb and flow based on a variety of outside factors, from the seasons to the state of the economy…. Read more »
Record apartment supply is good for mortgage rates
What is the best news for mortgage rates long-term? It’s getting more supply of apartments! The best way to fight inflation is always by adding more supply; if your goal… Read more »
15 million renters pay more for housing than they can afford. Here’s how to figure out if you’re one of them
Gremlin | E+ | Getty Images There’s often a chasm between theory and practice, what we should do and what we actually do. Yet, when it comes to the long-held… Read more »
In this volatile housing market, here’s how to know when the bottom is in
New homes at the Cielo at Sand Creek by Century Communities housing development in Antioch, California, U.S., on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images… Read more »