The latest NAHB/Wells Fargo Cost of Housing Index (CHI) highlights the ongoing affordability crisis in the U.S. housing market.
According to a new Redfin report, older Americans are more likely to buy homes in areas with significant climate risk compared to younger Americans.
Based on CoreLogic's recently released 2024 Hurricane Risk Report, over 32.7 million residential properties from Texas to Maine are at risk of moderate or severe damage from hurricane-force winds. The total reconstruction cost for these properties is estimated at $10.8 trillion.
National property broker Redfin says there are new signs pointing to a shift toward a buyer's market in 2024, as pandemic-driven inflation takes its last gasps, mortgage rates come down and more people list their homes for sale.