Browsing: News
Surge in Refinancing Activity Despite the rise in mortgage rates, refinancing activity saw a significant uptick in February 2024. The…
Surge in Mortgage Rates Mortgage rates have reached a new peak in February 2024, marking the highest levels seen since…
Declining Homeownership Rate The U.S. homeownership rate dropped to 65.7% in the final quarter of 2023, according to the Census…
European Markets Hit Two-Year High European stocks closed at a two-year high on Friday, as investors processed the European Central…
Population Growth Recovers According to the latest estimates from the U.S. Census Bureau, the U.S. population grew by 1,643,484 people,…
Job Openings Decline Across the Economy The overall job market in the U.S. continued to cool in November 2023, with…
A New Era for Modular Homes Modular construction, which has its roots in early 20th-century “kit homes,” is making a…
Property Tax Revenue Growth In the third quarter of 2023, U.S. property owners paid $129 billion in property taxes, according…
Price Trends in Building Materials According to the latest Producer Price Index (PPI) report, the price of inputs to residential…
Record High Housing Affordability in 2023 2023 has officially marked the least affordable year for homebuyers in Redfin’s history, with…