Housing

Why major US cities are finally ditching parking mandates

For most home buyers, the purchase of real estate is one of the largest financial transactions they will make.

Predominantly, the top 20 most expensive neighborhoods in the country are located in California, Florida, and New York. In stark contrast, Homewood North in Pennsylvania secures the position of the least expensive neighborhood, where the average property is priced at $29 per square foot.

A new Harvard analysis finds people across income levels got squeezed by rent hikes during the pandemic. The market has lost millions of low-rent places, and new construction is mostly high-end.

Climbing rents in recent years propelled US cost burdens to staggering new heights: in 2022, half of all US renters were cost burdened. This all-time

According to Zillow, the Northeast city will be the hottest housing market in the US this year thanks to affordable home prices and strong employment rates.

How close can you get to the selling price of homes from across the country? Craftsman or colonial? East Coast or West Coast? Maybe the Midwest?

The income of a typical homebuyer in the United States surged to $107,000 from $88,000 last year, as home affordability precipitously worsened, according to an annual report from the National Association of Realtors.

Single women make up an increasing number of homebuyers.

Listed - real estate price guessing game

The US real estate industry will never be the same.

More than 1,000 homeowners with an HOA shared their experiences, their monthly dues and their perceptions about living in an HOA neighborhood.

Financial news for the next generation. We cover markets, trading, business, technology, and culture to empower you to control your financial future.

`These requirements would have the impact of exacerbating the already too-high homeownership gap,' said Marc Morial, head of the National Urban League.

Airbnb called the new law a “de facto ban” on its listings.

Is it better to buy or rent? Closing costs can get expensive and it can be better to rent, depending on how long you're staying. NerdWallet's calculator helps you determine if renting or buying a home makes more financial sense for you.

For buyers facing affordability challenges getting into a home of their own, Zillow Home Loans is rolling out a new option: a 1% down payment.

This nasty calculation is keeping younger consumers out of homes.

Cursed Fact:More of America's housing stock is from the 1950s than the 2010s pic.twitter.com/9nnae8Wnih— Joey Politano 🏳️‍🌈 (@JosephPolitano) August 14, 2023

As of June 2023, rents in the U.S. are rising at a slower pace than in the previous year.

Data shows that Airbnb revenues per listing have dropped by nearly 50 percent in some cities over a year—a decline that could force 'newbie' owners to sell, an expert said.

Government incentives and deregulation have brought digital nomads, Airbnbs and ‘golden visas’ – but steep housing costs for locals

A quick update on an odd market dynamic that we spotlighted a couple of days ago ... median home prices for existing homes have officially surpassed that of new homes, Matt writes.

This is quite an anomaly for residential real estate.

Just how far will home prices fall? That's the million-dollar question for frustrated homebuyers, worried sellers, and homeowners.

Realtor.com's midyear forecast and housing market predictions on key trends that will shape the remainder of the year. Home prices, market trends and more as we look toward the second half of 2023.

We’ve calculated the true cost of owning a home accounting for all expenses of the average homeowner. See the findings here.

With rent outpacing income since 1985, we analyzed rent-to-income ratios in the 50 largest U.S. cities to find which are the most affordable.

With rates now close to 7%, many homeowners aren’t moving, which is intensifying a shortage of homes for sale.