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More Americans Opting for Renting Over Homeownership in 2024

More Americans Opting for Renting Over Homeownership in 2024

According to new research by CBRE, the rising cost of homeownership is prompting more Americans to opt for renting. On average, monthly mortgage payments for new homes are currently 35% higher than apartment rents, creating a significant affordability gap.

NAR's 10 Top U.S. Housing Markets for 2025 Revealed

The National Association of Realtors (NAR) has unveiled its list of the 10 hottest housing markets for 2025, based on economic, demographic, and housing trends expected to significantly impact local markets.

Post Trump Election, U.S. Homebuyer Sentiment Hits 3-Year High in November

The Fannie Mae Home Purchase Sentiment Index (HPSI) increased by 0.4 points in November 2024, reaching 75.0, continuing its recent sharp upward trajectory.

U.S. Mortgage Applications Increase in Late October

New data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey shows that mortgage applications rose by 6.3% for the week ending November 22, 2024.

Market Share of First Time Home Buyers Hit Historic Low in U.S.

The National Association of Realtors' newly released 2024 Profile of Home Buyers and Sellers report reveals a historic low in first-time U.S. homebuyer market share, which dropped to 24% from 32% last year.

Developer Spotlight

Indianapolis Property News

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Market Share of First Time Home Buyers Hit Historic Low in U.S.

Posted on November 06, 2024
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Mortgage Applications in U.S. Dip in Late October

Posted on October 31, 2024
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Mortgage Rates Hit 7 Percent One Week Before U.S. Presidential Election

Posted on October 30, 2024
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Stale Home Listings on the Rise in America

Posted on September 26, 2024
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Home Sales in America Downtick Further in August

Posted on September 20, 2024
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The Federal Reserve Makes Biggest Rate Cut in 16 Years in September

Posted on September 19, 2024
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Future Homebuyers Sitting on Sidelines Until After U.S. Presidential Election

Posted on September 12, 2024
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New Home Sales in America Jump in July

Posted on August 28, 2024
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U.S. Home Sales Uptick in July, First Time in 5 Months

Posted on August 26, 2024
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Foreign Investment in U.S. Residential Properties Plummet 21 Percent Over Last 12 Months

Posted on July 22, 2024
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Typical U.S. Home Selling Less Than List Price in June

Posted on July 05, 2024
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Mortgage Rates in U.S. Dip in Late June

Posted on July 02, 2024
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U.S. Pending Home Sales Fall to All-time Low in May

Posted on July 01, 2024
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Record 71 Million Americans Traveling Over July Fourth Week

Posted on June 28, 2024
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Total U.S. Commercial Mortgage Debt Rises to $4.7 Trillion in Q1

Posted on June 21, 2024
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Homebuilder Confidence in the U.S. Drops to 2024 Low in June

Posted on June 20, 2024
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Residential Rents in U.S. Upticked for Second Consecutive Month in May

Posted on June 19, 2024
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U.S. Metros Most Exposed to Housing Downturns Led by New York City, Chicago and Inland California

Posted on June 18, 2024

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