New Listings Increase as Mortgage Rates Decline, Slowly Eroding ‘Lock-in Effect’
By Alec GreenbergHomeowners are showing a willingness to put their homes on the market at increasing rates, marking a continuous shift away from the “lock-in effect,” as detailed...
Happiness Comes at a Cost: Where Homeownership Fits In
By Liz DominguezWhat’s the going rate for happiness these days?Studies have shown that income can directly correlate with emotional well-being, and so a recent report...
Powell Says Recession Risk Gone, but Housing Inflation Will Persist for ‘Some Years’
After more than two years of heavy-handed rate-raising by the Federal Reserve, which was largely responsible for putting the brakes on a historically hot pandemic housing market, Fed Chair Jerome Powell...
Do Presidential Elections Impact the Housing Market?
By Dr. Lisa SturtevantConventional wisdom has held that the housing market slows in the months leading up to a presidential election. However, data over the past three decades show that there’s no...
Mortgage Rates Drop to their Lowest Level in 19 Months
Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability and inventory, preventing a meaningful break in the hindered housing...
Harvard Study Investigates Renters’ Cost Burdens and Prescribes Solutions
Harvard University’s Joint Center for Housing Studies recently published a paper tackling this very issue, titled “Subsidizing the Middle: Policies, Tradeoffs, and Costs of Addressing...
Three Major Metro Cities See Price Drops
Here's a Lowdown Miami: This sunny city saw the biggest price drop. Median listing prices fell a cool 11.7% to $530,000.San Diego: Californian dreams are a little more attainable now, with a...
Housing Market Shifting to Favor Buyers?
The U.S. housing market has been a whirlwind for buyers in recent years! But according to a recent Zillow report featured on Business Insider, there might be a shift on the horizon. More...
