Aramco Report

Millennials are the fastest growing age group to transition to homeownership these days but they are also the same group that are spending more of their monthly income to achieve that goal. According to a new report from Hometap, millennial homeowners are spending the highest percentage of their mon...

Rent prices are rising faster than ever in the U.S. and investors are responding to this in a significant way. Home builders are now focusing on this highly in-demand segment of the housing market by constructing entire communities devoted exclusively to renters. Nearly 100,000 built-to-rent homes...

The number of foreclosure filings in the U.S. climbed 34 percent in Q3 from the previous quarter but remains close to 60 percent lower than pre-pandemic norms. ATTOM released its Q3 2021 U.S. Foreclosure Market report this week which showed that there were a total of 45,517 new default notices filed...

As the popularity of short-term rentals soared during the pandemic, research shows that young homeowners are leveraging this popularity to generate additional income. Realtor.com has found through a survey that as many as 32 percent of homeowners have experimented with different ways to use their pr...

The rate at which rent prices climbed in June 2021 was the fastest year-over-year increase since at least January 2005. This latest data comes from the CoreLogic Single-Family Rent Index. Rent increases have hit a growth spurt over the last several months as home prices become less affordable, leavi...

As expected, the Federal Housing Finance Agency announced last week that it would extend forbearance programs for homeowners with federally-backed mortgages. Those with Fannie Mae and Freddie-Mac loans will be offered the option to extend deferment of their monthly mortgage payments for three months...

The economic turmoil brought on by the pandemic is taking its toll on both renters and their landlords. Approximately 18 percent of renters in the U.S. were behind on their payments as of January. This represents about 10 million households. According to a report from Moody’s Analytics and the Urba...

Last year showed how home prices in the U.S. are seemingly immune to an economic downturn, a surge in unemployment and even a global pandemic. For 2021, experts say expect more of the same. In a new forecast published by Veros Real Estate Solution, experts suggest that home prices will continue to r...

The number of homes listed for sale in the U.S. has fallen to a new all-time low as of last month, according to data from Realtor.com. The volume of properties on the market nationwide dipped below 700,000, down 39.6 percent on a year-over-year basis. “The shortage of homes for sale has been an ong...

With the cost of rent soaring higher in most markets across the U.S., a new report shows that long-term, being a property owner will save money. ATTOM Data Solutions’ 2021 Rental Affordability Report shows that owning a median-priced three-bedroom home remains more affordable than renting a three-be...