Homebuilder sentiment remains subdued as elevated mortgage rates and ongoing affordability challenges continue to strain the housing market, the latest NAHB/Wells Fargo Housing Market Index found.
Tag: Bankrate
Pending Home Sales Increase 1.5%
Pending home sales in March increased by 1.5% from the prior month but declined 1.1% year over year, the National Association of Realtors reported.
Pending Home Sales Increase in February
Pending home sales increased 1.8% in February but declined 0.8% year over year, the National Association of Realtors reported Tuesday.
Bankrate Finds More Than 75% of Homes Unaffordable to Typical Household
A new report from Bankrate, New York, finds that typical households earning the median income are priced out of more than 75% of homes on the U.S. market.
Bankrate: One in Six Prospective Home Buyers Has Given Up
Bankrate, New York, reported one in six aspiring homeowners has given up on purchasing a home in the past five years because they could not find anything they liked or could afford.
Home Equity Growth Varies Across the U.S., Bankrate Reports
Certain parts of the country have seen higher home equity than others since 2020, according to a new study from Bankrate, New York.
Bankrate: Hottest Housing Markets Shifting
Bankrate, New York, found that housing markets that were very hot just a few years ago are now cooling off. Momentum has shifted toward Rust Belt and New England metros, from the pandemic-era Sun Belt popularity.
Hidden Costs of Homeownership Average $21,400 Annually, Bankrate Reports
The average hidden costs associated with homeownership for a single-family home in the United States total $21,400 annually, a new study from Bankrate found.
Nearly Half of Homeowners Have Some Regret About Purchasing Their Home
Nearly half of current homeowners–45%–report having at least one regret about the purchase of their current home, according to a new survey from Bankrate, New York.
Nearly Half of Homeowners Have Some Regret About Purchasing Their Home
Nearly half of current homeowners–45%–report having at least one regret about the purchase of their current home, according to a new survey from Bankrate, New York.