Mortgage rates will continue to average above 6% next year, but affordability will improve modestly as the typical monthly payment falls below 30% of a household’s income for the first time since 2022, the Realtor.com® economic research team predicts in its 2026 housing forecast. The forecast predicts mortgage rates will average 6.3% across 2026, a … Read more
Located some 900 miles apart, Austin, TX, and Nashville, TN, have emerged from the COVID-19 pandemic era as thriving boomtowns with strong job growth, rapid in-migration, and high quality of life—so it comes as no surprise that both metros now rank among the nation’s top luxury housing markets. Each city attracts throngs of wealthy buyers … Read more
The sprawling town of Plymouth, MA, situated on the state’s South Shore, is many things at once. It’s been called “America’s Hometown.” It’s considered both part of the greater Boston area and the beginning of legendary Cape Cod. And now it’s another front in the ongoing battle to create truly affordable housing in the United … Read more
As the weather cools heading into late fall, so does the U.S. housing market, with Florida leading the nation in metros experiencing the steepest home price declines. A recent report from real estate analytics firm Cotality revealed that of the 10 coolest markets in the U.S. among the 100 largest metros, seven were in Florida. … Read more
After weeks of delayed data, we finally have an update on the labor market—and it’s not exactly what most people expected. Data that was delayed by the federal government shutdown is starting to trickle out. We learned that hiring was more robust than many expected in September, with 119,000 jobs added in the month—largely in … Read more
The Boca Raton City Council unanimously approved plans by the city’s housing authority and Miami-based Atlantic Pacific Companies to add 105 apartments to a decades-old affordable housing complex. The zoning changes will enable Atlantic Pacific and the Boca Raton Housing Authority to build two new three-story apartment buildings with 54 one-bedroom units, 42 two-bedroom units … Read more
Battle lines are being drawn at the Federal Reserve over an interest rate cut in December, as key policymakers stake out their positions both in favor and opposed to a cut. While a December cut was seen as a virtual certainty a month ago, financial and betting markets now rate the probability as a virtual … Read more
The U.S. House of Representatives has passed a bill to reopen the federal government, ending the government shutdown after a record-long 43 days. The White House says President Donald Trump is prepared to quickly sign the bill, which will fund the government through Jan. 30, without extending the expiring health care subsidies Senate Democrats had … Read more
A bombshell study has identified rising housing costs as the the primary driver of falling fertility rates in the United States, underscoring the widespread impact of the housing crisis on the nation’s changing demographics. Rising housing costs were responsible for 51% of the total U.S. fertility rate decline between the 2000s and 2010s, according to … Read more
The Senate reached a deal on Sunday aimed at ending the longest government shutdown in U.S. history—a move that could have significant implications for the housing market. After a weekend of negotiations led by Senate Majority Leader John Thune, eight members of the Senate Democratic Caucus agreed to support Republicans in a 60-40 vote on … Read more