News about home

These housing markets have seen BIG inventory spikes Among the 800 largest U.S. metros, these housing markets have the most active housing inventory for sale relative to pre-pandemic Clewiston, FL +150% Sevierville, TN +116% Pueblo, CO +101% Chart via @ResidentialClub pic.twitter.com/gNcILAWYSE

May 2021👇 0 of the nation's 200 largest housing markets were back to pre-pandemic inventory levels May 2023 👇 7 of 200 May 2024 👇 32 of 200 (with 19 in Florida/Texas) My latest for @ResidentialClub www.resiclubanalytics.com/p/32-nations-200-largest-housing-markets-back-prepandemic-inventory-levels pic.twitter.com/rj5FMrqmQw

National housing affordability faded in April compared to March, according to NAR’s Housing Affordability Index. Compared to March, the monthly mortgage payment increased by 5.7%, while the median price of single-family homes increased by 0.1%. www.nar.realtor/blogs/economists-outlook/mortgage-rates-and-higher-home-prices-continue-to-hinder-affordability-in-april-2024

Median home values were calculated for 3,110 counties and county-equivalents in the U.S. Home values represent the value of all homes, not home sales. www.nar.realtor/research-and-statistics/housing-statistics/county-median-home-prices-and-monthly-mortgage-payment