HELOCs were up 41% year-over-year in the third quarter of 2022, while home equity loan originations grew 47% year-over-year in 2022.
Author: Swapna Venugopal Ramaswamy, USA TODAY
Black-owned homes appreciated more than other groups since pandemic, but ‘it’s a low bar’
In February 2020, the typical Black-owned home was worth 17% less than the typical home overall. By January 2023, that gap closed to 15%.
Housing market on the rise? Why pending contracts for home sales have industry buzzing.
The last time pending contracts registered more than 8% monthly increase was three months after the pandemic lockdown.
New home inventory is up 115% as builders try to push Americans into buying a new house
Buyer incentives, along with stabilizing mortgage rates during the month of January, increased the pace of new home sales for the month.
Big cities are a big draw for Gen Z: These are the areas that Gen Z is rapidly migrating to.
Migration patterns during the pandemic show Gen Z has flocked to cities like Washington D.C., Columbia and Boston.
‘Home sales are bottoming out’: Are homebuyers now calling the shots in 2023 housing market?
Existing-home sales fell for the twelfth straight month in January, with year-over-year sales falling 37%, the biggest decline since 2010.
How you can get cheap rent, but it comes with a ‘bump’ notice. What it’s like living on ‘Standby’
For $1,275, renters can access fully furnished apartments with no lease. The catch? You may have to leave in three days.
Thinking of renting a single-family home? These are the 10 fastest-growing markets
Rising U.S. consumer sentiment combined with would-be homebuyers opting to rent due to high mortgage rates could explain the rise in rents.
Wait, that deck costs how much? Inflation drives homeowners to opt for DIY home improvement
The cost of floor coverings rose 13 %, and the prices of tools, hardware and supplies went up by nearly 12 %, according to the Labor Department.
Is the housing market recovering? Here’s why home builders feel ‘cautious optimism.’
Incremental gains in affordability are brining more buyers to the market