Zillow stops buying houses for the rest of the year
Housing
Three metro Detroit communities become majority renter
Three municipalities near Detroit where the majority of residents were homeowners in 2010 are now majority-renter communities, according U.S. census data analyzed by the apartment search website RENTCafé. Inkster, Pontiac and Auburn Hills all became majority-renter communities in 2019, while…
House Prices Exceed Bubble Peak on Key Valuation | St. Louis Fed
An index measuring the ratio of house price to rent has risen to its highest level since 1975. The previous peak occurred during the housing bubble.
Is the U.S. housing market heading for a crash? Here’s what the experts say - MarketWatch
Searches for the phrase, 'When is the housing market going to crash?' are up 2,450% over the past month.
Where Have All the Houses Gone?
The inventory of homes for sale is startlingly low. The pandemic is part of the reason, but it’s not the whole story.
What If Housing Prices Aren’t As High As They Appear?
Ben Carlson · What If Housing Prices Aren't As Expensive As They AppearWhenever the topic of inflation comes up the obvious rebuttal to the low reported number is the cost of buying a home.Ho
Mortgage rates kick off 2021 with a new record low - CNN
Mortgage rates fell to another record low last week.
Chart of the Week: Who's Buying Homes These Days? - Blog
From WSJ: This chart measures the percentage of home buyers by age from 2006-2018 and demonstrates the seismic impact left by the Great Recession. Questions: Do you hope to own a house someday? When do you hope to be able to buy it? What would be a good headline to summarize the data in the chart? In what year does there appear to be the most dramatic change in the data?
As U.S. homebuilder confidence matches record high, mortgage delinquencies rise | Reuters
U.S. home builder confidence rose for a third straight month in August to match its highest level ever as record-low interest rates spur buyer traffic, data released on Monday showed in the latest indication the housing market is a rare bright spot in the economic crisis...