Home buyers need to make $47,000 more than in 2020 to afford a home

A new report from Zillow finds that some people are relying on financial gifts to help cover the cost of a down payment for a home or moving to low-cost cities to find affordable housing.

Rent prices are changing thanks to 'apartment-building boom' – what renters should expect

Rent prices are evolving – potentially for the better – in 2024 thanks to an “apartment-building boom," according to Redfin chief economist Daryl Fairweather. Here’s what renters should know.

Here's where Gen Z consumers can buy a home in the U.S.

Despite the high cost of homes, there are a few areas where young consumers can buy one. See if your city is on the list.

Housing is expensive for a record half of American renters, study shows

A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.

About 24% of renters in America say they can no longer afford their rent, study says

While buying a home is an issue for some, covering the cost of rent every month is becoming a growing burden for many, based on findings from Intuit Credit Karma.

Cash offers for homes reach near decade high in September

Over 30% of wealthy homebuyers in September bought a home in all cash, allowing them to avoid interest. Rates are still hovering just under 8%, a high not seen in two decades.

US housing market needs 1M more homes to satisfy demand

National Association of Realtors Chief Economist Lawrence Yun argued that policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.

Why are home prices so expensive? Blame the boomers, Barclays says

Would-be homebuyers nationwide are facing a spike in housing costs amid an ongoing affordability crisis - and baby boomers may be to blame, Barclays says.

The US housing market may be trapped in a prolonged freeze

Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.

These four US cities face the biggest housing shortages

The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.

The best time to sell your home is this week, data reveals

According to the research, the week of April 16-22 offers higher-than-average prices and a lower-than-average time on the market, while also offering a higher-than-average number of buyers.

Real estate in 2023: Best, worst locations to move to in the new year

Experts offer insights into what parts of the country are best to move to if you're looking to get the most bang for your buck. Renters, meanwhile, will be in their "strongest negotiating position."