Housing Market

As Vacancy Rates Climb in New York's Rental Market, Landlords Blame New Rent Control Law
Vacancy rates in New York City have climbed to unexpected heights in 2020, and landlords aren't pinning all the blame on a pandemic-induced urban exodus.

Condo Sales Drop Everywhere in New York City, But Least of All Outside of Manhattan
A clearer picture of the economic downturn's effects on New York City real estate is emerging. So far, new buyers are betting on boroughs not named Manhattan.

Urban For-Sale Markets Keeping Pace With the Suburbs, With Two Key Exceptions
Everywhere but San Francisco and New York City, urban housing markets are just as hot for sellers as suburban markets, according to data released recently by Zillow.

Study Finds Seniors Could Be Stuck with Unsellable Homes in the Future
A new paper predicts that home-buying trends among younger generations will lead to a flood of homes that older homeowners will not be able to sell.

A Tale of Two Real Estate Markets
Hotels, retail, and office properties, along with renters, have been ravaged by the economic downturn of the pandemic. Meanwhile home sales are booming as people with money in the bank take advantage of low interest rates to upgrade.

August Expiration Date for Federal Foreclosure Moratorium Raises Concerns
The housing market has yet to devolve like in 2008, thanks to a federal safety net put in place in March, but a wave of foreclosures is still a possibility as protections begin to expire.

U.S. Mortgage Delinquencies Spike
The popularity of the mortgage forbearance program enabled by the CARES Act is one reason not to fear a housing crash like the Great Recession, yet.

New Homes Selling Like Hotcakes
New homes, located mostly on the fringe of developed areas, are selling at a torrid pace this summer.

Construction Costs Holding Steady During Pandemic
It might have been wishful thinking to assume the pandemic would cause big declines in costs for materials and labor in the construction industry.

Federal Eviction and Foreclosure Moratorium Extended Until the End of August
Breaking news: a federal moratorium on evictions and foreclosures of single-family mortgages backed by Fannie Mae and Freddie Mac will be extended until at least the end of August. The moratorium had been set to expire at the end of June.

Report: $15.5 Billion Per Month Needed for Housing Market Relief
A new report from researchers at the Urban Institute makes the case for federal and state relief for renters and property owners hurt by the economic realities of the coronavirus pandemic.

Renters Falling Behind, Survey Says
New survey data from Massachusetts finds massive housing market stress as more and more renters falling behind on payments.

The Housing Market During COVID-19: Supply Dips, Prices Rise
While fewer houses are being bought and sold in the first months of the pandemic, prices are on the rise as buyers find less supply available on the market.

The Looming Eviction Crisis
Of all the nightmare scenarios that became possible when the coronavirus hit the shores of the United States, the possibility of massive evictions and a rental market failure seems to have averted the worst possible outcomes. That could still change.

Tight Housing Market Could Prime Economic Recovery
A recession is coming, though we don't know how big it will be or how long it will last. Compared to the Great Recession, the housing market could potentially help, rather than hurt, economic recovery, according to the analysis shared here.

New Census Report Captures the Housing Effects of Disasters
A new report from the U.S. Census Bureau offers a new approach to understanding the impact of disasters on local housing markets.

Housing Costs More Than a Matter of Supply and Demand
Does new market rate housing increase the average cost of housing, by inducing demand, or does it help stabilize the housing market by offering new supply? The debate continues in San Francisco.

Home Prices Expected to Hit a Coronavirus Speed Bump in 2020
A report by Zillow predicts a sudden reversal for the housing market, which has been soaring in many places around the country ever since the worst of the financial crisis and housing market crash of the Great Recession.

Increase Housing Supply Softened Rent Increases in D.C., Study Says
A study recently published by the District of Columbia offers supporting evidence to a supply-side approach to housing affordability in high-demand markets.

$1 Million for an Affordable Apartment in California—Coronavirus Could Make it Worse
The pre-existing condition of the California housing market will make it very difficult to meet the demands of the state's residents as unemployment spikes in the state.
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