A typical homeowner accumulated $147,000 in housing wealth in the last five years, representing a substantial increase in equity for homeowners amidst a favorable market.
Distressed property sales and the number of people defaulting on mortgage payments are at historic lows, indicating stability in the housing market despite price appreciation.
The national median single-family existing-home price grew 3.1% from a year ago, showing consistent growth in home values across various metro areas.
Home prices remain on solid ground as reflected by the vast number of markets experiencing gains, with significant increases noted particularly in the Northeast.
Collection
[
|
...
]