Immigrant labor has become essential to both homebuilding and residential remodeling in top metro areas with the highest levels of building permits, according to new research from Harvard’s Joint Center for Housing Studies (JCHS). The findings underscore the critical role that foreign-born workers play across the entire residential construction space—from new home construction to major…
The Federal Housing Finance Agency’s (FHFA) monthly home price index (HPI), which tracks changes in single-family home prices, clocked a modest 0.4% increase in home values for October, with a 1.7% uptick from last year, as the housing market stutters heading into 2026. Largely aligning with expectations, the essentially flat trajectory for home values obscured…
A down payment on a home is a crucial part of the financial hurdle that homebuyers need to pass before they can think of closing, but in the current market, how long of a wait is that? According to the latest report from Realtor.com®, the current average for saving for a down payment on a…
The post Average Time Saving for a Down Payment Now Seven Years: Realtor.com appeared first on RISMedia.
Home-price growth remained weak in October, with experts pointing to continued inflation and elevated mortgage rates as the cause, according to the latest data. The October S&P Cotality Case-Shiller Home Price Index found that home-price growth posted a 1.4% annual gain, slightly up from a 1.3% rise in the previous month. Nicholas Godec, head of…
Pending home sales are pulling through the end of 2025 with a strong performance, rising both monthly and yearly due to what experts say is some market stabilization, according to the latest data from the National Association of Realtors® (NAR). NAR’s Pending Home Sales report for November found that sales rose 3.3% month-over-month, up from…
Migration patterns aren’t just for the birds. People, too, take wing when they’re dissatisfied with their locations for whatever reason or reasons. Conducted annually since 1993 by the Atlas Moving Company, the Migration Patterns Study measures Atlas customers’ moving trends interstate, interprovince and internationally. This year’s study measures relocations from Nov. 1, 2024, to Oct.…
Existing-home sales saw the third consecutive month of modest increases as mortgage rates have been lower; however, inventory growth appears to be stalling as winter comes, according to the latest National Association of Realtors® (NAR) data. NAR’s Existing-Home Sales Report for November found that sales increased 0.5% increase in existing-home sales month-over-month to a rate…
The news is good for real estate agents. At the National Association of Realtors® (NAR) Real Estate Forecast Summit, held remotely earlier this month, Jessica Lautz, NAR’s deputy chief economist & VP of research, highlighted data showing that 88% of buyers use an agent to help them navigate the home transaction process. Additionally, the use…
Builder confidence remained in negative territory for the final month of 2025—as it did throughout the year due to continued economic and market challenges—though there’s some hope for a better year in 2026, according to the latest National Association of Home Builders’ (NAHB) data. The December NAHB/Wells Fargo Housing Market Index (HMI) found that builder…
As 2025 comes to a close, affordability has stabilized somewhat for many homebuyers, according to the latest National Association of Realtors®’ (NAR) Housing Affordability Index. NAR’s data saw the qualifying income needed to buy a home decrease slightly to $100,272 in October (based on a 25% qualifying ratio for monthly housing expense to gross monthly…
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