The rise of remote work and surging rents in major metros have pushed priced-out residents to search elsewhere for more budget-friendly housing options, fueling out-of-market demand in 20 cities over the last six years. In the third quarter of 2025, five metros stood out for having experienced the most drastic shifts in renter makeup: Detroit; … Read more
Home prices fell annually in 23% of markets last quarter, but price growth remained strong in the Northeast and Midwest, according to new data from the National Association of Realtors®. Median sales prices for existing single-family homes declined on an annual basis in 51 metro areas out of the 230 tracked, while rising in 176 … Read more
Mortgage rates pulled back Thursday to their lowest level in over a year, a day after the Federal Reserve cut interest rates for the second time this year as the government shutdown neared the one-month mark and major companies announced mass layoffs. The average rate on 30-year fixed home loans fell to 6.17% for the … Read more