Key Highlights: The median homeowner tenure in New York City was 8.1 years in 2022, up one year compared to 2019. This means that owners who sold their homes in…
Key Highlights: California’s 30 largest cities posted significant differences in homeowner tenure in 2022: Salinas residents spent 9.3 years in their home before selling it, while owners in Elk Grove…
Compared to their spring price peak, condo prices only contracted by 4.4%. However, single family home prices decreased by 8.6% nationally. Condo prices decreased in 65 of the 100 largest…
Aggressive rate hikes (after the latest increase, the average mortgage rate hovers around 7%), coupled with sky-high home prices mean buyers are bleeding money. But, aside from losing purchasing power,…
Based on the latest renter income figures, starter home prices and mortgage rates, in October, renters in Los Angeles and New York only earned 30% and 34%, respectively, of the…
With inflation and the Fed’s rate hikes affecting both rents and mortgage affordability, it seems as though there’s no end in sight for home seekers’ trials and tribulations. Now, even…
Searches for real estate-related keywords for Mexico exploded in the last 12 months, recording an impressive 60% year-over-year jump. This increase in interest solidifies Mexico’s reputation as the most popular…
Already getting the most attention from buyers of second homes, real estate searches in Mexico really took off in the past 12 months: The number of monthly searches for real…
The end of March marked the beginning of a new era in home prices: After a whopping 26.5% year-over-year jump, the median listing price landed at $405,000. Also on the…