By the Numbers

Baby boomer households without children own nearly 3 in 10 homes with 3+ bedrooms — millennials with children own half that amount.

Mortgage applications jumped nearly 10% as rates hold fairly steady, but higher-than-expected inflation numbers could spoil the party.

Realtor.com ranked the top spots for younger buyers and found that smaller towns scattered across the Northeast and Midwest hold the most potential.

Fannie Mae’s Home Purchase Sentiment Index closed out the year on a relative high note as borrowing costs fell.

According to the latest CoreLogic report, the Midwest and South saw the highest home price growth, and a handful of states posted double-digit gains.

Zillow predicts some of the hottest markets for price growth and home sales will be those in the Great Lakes region, with three Ohio cities in the top 10.

Interest rates were nearly flat in the first week of 2024, ticking up slightly after nine weeks of declines.

MoxiWorks predicts home sales will increase 8% year-over-year in January, which could bolster economist predictions of a rebound in 2024.

Following last week’s substantial drop, rates leveled off but still declined modestly, while pending home sales were flat.

Mikaela Arroyo of John Burns Research says homebuyers will prioritize affordability over 'bells and whistles' and accept smaller homes that meet their needs.

Despite 8% interest rates in October, annual home price growth continued to increase in most markets, the latest Case-Shiller report shows.

For those who can find a home to buy, falling rates will provide significant relief.

Before making a small gain in November, existing home sales had been on a downward trajectory since July.

Small cities in New Hampshire and Connecticut dominated the search portal's most popular markets for 2023.

The latest NAHB survey shows improving builder confidence, and even Fannie Mae’s more bearish economists see a recovery ahead.

Even if the hoped-for economic “soft landing” isn’t so soft, don’t expect to see a wave of short sales and foreclosures next year.

The seventh straight week of mortgage interest declines has led to more holiday season homebuying activity.

Economists were optimistic about the year ahead, but noted that inflation and mortgage rates will be key factors.

While high borrowing costs brought the market to a halt in 2023, there are signs that mortgage rate relief is coming in 2024.

Even with mortgage rates dropping, challenges like affordability and stagnating household finances are keeping consumers wary.