Originally published on May 23, 2023, by Hannah Jones for Realtor.com.

Highlights

• Concord, NH was the country’s hottest housing market in April, topping the list for the second time in the data’s history.
• The top 20 hottest markets are spread out across 11 states, with three metros in both Massachusetts and Connecticut.
• As price growth continues to slow nationwide, affordability remains a feature of the majority of April’s hottest markets.
• Only the Northeast and the Midwest were represented on this month’s hottest market list for the second month in a row. The Northeast was represented by 12 markets while the Midwest boasted 8.
• The St. Louis metro area saw the largest increase in its hotness ranking among larger metros compared to last year, climbing 115 spots to rank as the 91st hottest US market in April.

Concord, New Hampshire ranked as April’s hottest housing market. This is the 2nd time in the metro’s history that Concord has ranked as the nation’s hottest market. The first time Concord topped the list was in June 2022 and Concord has only been absent from the Top 20 list for 3 of the last 16 months. 

Originally published on May 19, 2023, by Ally Braun for RedFin.

here are just four major U.S. metropolitan areas where it would be cheaper to buy than rent the typical home—that is, the typical home has an estimated monthly mortgage cost lower than its estimated monthly rental cost. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

Originally published on May 18, 2023, by Realtor.com.

The Realtor.com® April Rental Report found that the U.S. rental market experienced single-digit growth for the ninth month in a row after 15 months of slowing. Median rent across the top 50 metros was up just 0.3% year-over-year, the lowest growth rate since the onset of the pandemic. The median asking rent was $1,734, up by $4 from last month, but down by $43 from the peak.

Originally published on May 9, 2023, by Troy Green for the National Association of Realtors.

Nearly seven out of 10 metro markets registered home price gains in the first quarter as 30-year fixed mortgage rates fluctuated between 6.1% and 6.7%, according to the National Association of REALTORS®' latest quarterly report. Seven percent of the 221 tracked metro areas registered double-digit price increases over the same period, down from 18% in the fourth quarter of 2022.

Originally published on April 28, 2023 by the Mortgage Banker's Association.

The National Council of Real Estate Investment Fiduciaries, Chicago, said its quarterly Property Index showed aggregate market values of properties declined for the third straight quarter; returns were negative for the second straight quarter.

Originally published on April 28, 2023, by Ally Braun for Redfin.

New listings are down more than 20% from a year ago as homeowners hang onto low mortgage rates, causing buyers to snap up homes quickly and keeping prices from falling further.

Originally published on April 27, 2023, by Lauren Cozzi for the National Association of Realtors.

Pending home sales decreased in March for the first time since November 2022, according to the National Association of REALTORS®. Three U.S. regions posted monthly losses, while the South increased. All four regions saw year-over-year declines in transactions.

Originally published on April 19, 2023, by the ATTOM Staff.

ATTOM, a leading curator of land, property, and real estate data, today released its Q1 2023 U.S. Foreclosure Market Report, which shows a total of 95,712 U.S. properties with a foreclosure filings during the first quarter of 2023, up 6 percent from the previous quarter and up 22 percent from a year ago.

Originally published on April 5, 2023, by Adam Ozimek and Connor O'Brien for the Economic Innovation Group.

Key Findings

Originally published on March 28, 2023, by Spencer High for the National Association of Realtors. 

The share of baby boomers has surpassed millennials and now makes up the largest generation of home buyers, according to the latest study from the National Association of Realtors®.

Originally published on March 27, 2023, by Courtney Fingar for Globest.com.

Multifamily is facing negative headwinds this year and into the next in the form of outsized supply growth and weak demand drivers, according to PGIM Real Estate’s Quarterly Insights report.

Originally published on March 23, 2023, by ATTOM.

ATTOM, a leading curator of land, property, and real estate data, today released its year-end 2022 U.S. Home Flipping Report, which shows that 407,417 single-family homes and condos in the United States were flipped in 2022. That was up 14 percent from 357,666 in 2021, and up 58 percent from 2020, to the highest point since at least 2005.

Originally published on March 10, 2023, by Kenneth Applewaith for Redfin.com.

The median U.S. asking rent rose 1.7% year over year to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Rents were up nearly 10 times that much (16.5%) a year earlier.

Originally published on March 6, 2023, by Kenneth Applewhaite for Redfin.com.

Just over 7% of U.S. homes are worth $1 million or more, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That figure is as of January 2023, the most recent data available. The share has dropped from June 2022’s all-time high of 8.6% and remains essentially unchanged from a year earlier–but it’s up from 4.2% just before the pandemic began.

Originally published March 2, 2023, by Sara Wiskerchen for Realtor.com.

Originally published by Christine Stricker on February 10, 2023 for ATTOM.

According to ATTOM’s just released January 2023 U.S. Foreclosure Market Report, there were a total of 31,557 U.S. properties with foreclosure filings in January 2023. That figure was up 36 percent from a year ago and up 2 percent from the prior month.

Originally published on February 16, 2023 by Thomas Malone for CoreLogic.

Quick Takes:

Originally published by Jacob Channel on February 6,2023 for LendingTree.

Though it may sometimes seem as if millennials are destined to rent or live in their parent’s basements forever, they make up the largest share of homebuyers in the U.S., surpassing older (and richer) generations. In fact, millennials have dominated the housing market for the past decade.

Originally published on February 9, 2023 by Troy Green for the National Association of Realtors.

Approximately nine out of 10 metro markets registered home price gains in the fourth quarter of 2022 despite mortgage rates eclipsing 7%, according to the National Association of Realtors®’ latest quarterly report. Eighteen percent of the 186 tracked metro areas registered double-digit price increases over the same time period, down from 46% in the third quarter of 2022.

Originally published on January 31, 2023, by Stephanie Pagan for the National Association of Home Builders.