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Housing market

Adventures in Housing

Checking in on the path of pandemic homebuying

by Maria Hollenhorst
Aug 10, 2023
Three real estate agents explain how their communities have changed.
The flow of out-of-state buyers into rural communities has not stopped, according to one Montana real estate agent.
Justin Sullivan/Getty Images
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Homeowners are gaining equity, but it may be going untapped

by Henry Epp
Jul 31, 2023
A new report finds the rate of mortgage borrowers considered "equity rich" increased to 49% in the second quarter.
"Why would you refinance if you've got a mortgage of 3%, at a mortgage rate of 7%?" says Susan Wachter of the Wharton School.
Philip Pacheco/AFP via Getty Images
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U.S. asking rents decline (slightly), but continue to rise in some regions

by Samantha Fields
Jul 28, 2023
Asking rents are down 1% nationally, though they're still rising in some regions.
A man watches apartment construction in Austin, Texas. The increase in apartment supply is one reason for cooling rents.
Brandon Bell/Getty Images
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Adventures in Housing

Co-buying a house with your best friend

by Maria Hollenhorst
Jul 27, 2023
The lack of affordability has spurred “nontraditional setups” like this partnership between women who trust each other and work well together.
In 2022, Cass Lang, left, and Jordan Heiden bought a home together in Vermont. “We both wanted the same thing at the same time, so why would we not do it?” Lang said.
Courtesy Lang
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The rise and fall of home prices across America

by Sabri Ben-Achour
Jul 25, 2023
Property values are generally down from the same time in 2022, but they have been rising in recent months and vary regionally.
Prices of existing homes started rising again in February, even though the Federal Reserve has been raising interest rates.
Saul Loeb/AFP via Getty Images
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Piano movers, inspectors and more feel the pain of housing market slowdown

by Stephanie Hughes
Jul 24, 2023
More people are staying put, which means they’re not paying for the adjacent services we need when buying a home.
With more people staying put, there's less of a need for moving-related services, like movers.
Joe Raedle/Getty Images
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With existing home inventory low, there are economic incentives to build more

by Stephanie Hughes
Jul 21, 2023
But one economist warns it’ll “take decades of building, not just one good year, for the market to come back into a healthy place.”
The number of permits to build new single-family homes rose in June to the highest it's been in 12 months, according to federal data released this week.
Justin Sullivan/Getty Images
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Supply of low-cost apartments dwindled over last decade, study says

by Matt Levin
Jul 7, 2023
Ultra-cheap rentals declined in every state, especially in Texas and North Carolina, where renters from more expensive markets are moving.
States like Texas, above, and North Carolina had a particularly sharp drop in low-cost apartments.
Brandon Bell/Getty Images
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Has the housing market landed ... softly?

by Matt Levin
Jun 27, 2023
New Case-Shiller data suggests prices are rebounding after a moderate dip, though regional differences are pronounced.
While pricier areas on the West Coast have slowed down considerably, the housing market is still running hot for cities in the Southeast.
Justin Sullivan/Getty Images
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When moving means a higher mortgage rate, why sell?

by Stephanie Hughes
Jun 22, 2023
Last month, 20% fewer existing homes were sold than in May 2022. People are staying put — and staying together — to avoid higher costs.
Lots of people are choosing to stay put in their homes even if they’d like to sell.
Justin Sullivan/Getty Images
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