The report added that vacation homes and affordable homes in small towns near major urban centers were in strong demand as a result of the pandemic.

Buyers want amenities such as increased privacy, curated services and features such as private elevator entries and foyers that help limit interactions.

“The consistent decline in serious delinquency since August is a sign of growing financial stability for families,” said Frank Martell, president and CEO of CoreLogic.

The trend of purchasing a second home has sent home prices in seasonal towns skyrocketing in value by 19% for the year ending December 2020.

The COVID-19 pandemic is accelerating migration across the country, following moving patterns that began in prior years, according to a new report.

CoreLogic is predicting that, nationally, home prices will increase by another 2.9% by December 2021 as homeowners delay selling, inventory remains tight and interest rates stay low.

Fence-sitters thinking of buying a home beware, says a new study from Zillow, which notes that waiting could mean a much higher mortgage payment down the road.

“Context matters and each rising-rate era is different, says First American Chief Economist Mark Fleming. “The housing market response depends on the reason why rates are rising.”

Nationally, contract signings rose 21.4% from December 2019, with all regions reaching double-digit year-over-year increases.

Based on U.S. median one-bedroom rent, it would take 11 months to save for a 5% down payment for the median priced home in the U.S.

A new report ranks the glamour capitals of America — as well as the glamour deserts.

 Miami luxury home sales surge 108.5% in December 2020

Amid demand, housing inventory sank to historic lows.

New home construction accelerating, offering supply relief as 2021 begins.

It was the 5th best month of the year and outperformed most of 2019.

More affordable metros are replacing expensive coastal areas as top drivers of home value growth.