Homes owned by Black families appreciated more than any others since the start of the pandemic, with the typical Black homeowner gaining nearly $84,000 in equity. Black Americans also made slight gains in homeownership rates, despite disproportionate job and income loss. The gap between the typical Black-owned home’s value and the value of the […]
The post Homes owned by Black households appreciated the fastest during the pandemic appeared first on Weekly Real Estate News.
WASHINGTON (June 8, 2023) – The U.S. housing market is short more than 300,000 affordable homes for middle-income buyers, according to a new analysis from the National Association of Realtors® and Realtor.com®. The country’s persistent […]
The U.S. housing market is gradually cooling off amid elevated mortgage rates and growing recession concerns. The national median existing-home sales price in April slipped 1.7% from one year ago to $388,800, according to USA TODAY. In […]
Only 15.5% of homes for sale in 2023 were affordable for the typical U.S. household, according to new data from Redfin (NASDAQ:RDFN). This presents a drop from 20.7 in 2022 for a new record low; prior to […]
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