Home Value Tracker: Seasonal Softening And More
December 5, 2024 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. Home values began their typical seasonal declines in the third quarter, and more than a quarter of the 400+ metros tracked saw lower values compared to the second quarter of 2024. About 5% of housing markets saw annual declines.
Home affordability improves broadly in 3Q24
November 12, 2024 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas.
Lower mortgage rates and seasonally-lower median home prices during the third quarter saw the income needed to purchase a median-priced home decline in 28 metropolitan areas compared to the same period one year ago. It was the largest number of metros with improved home affordability since the second quarter of 2020.
Home Value Tracker: Upturn in Home Values, Again
August 30, 2024 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. Even with slack home sales during the period, home values pushed higher, and there were fewer metro areas posting quarterly declines in home values than during the same period last year.
Home affordability deteriorated considerably in the second quarter of 2024
August 20, 2024 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. New record highs for existing home prices coupled with firmer mortgage rates during the second quarter of 2024 meant that home affordability dropped again, quite considerably in some metro areas. With mortgage rates expected to ease later this year as seasonal home price softening typically takes place, it may not be long before home affordability conditions show at least some improvement.
Compared to 4Q23, home affordability generally improved in the first quarter of 2024
May 15, 2024 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Home affordability was improved by lower mortgage rates to start 2024, but typical seasonal price declines were less widespread and more shallow than those seen last year, limiting the benefit lower rates provide. Still, 47 of the top 50 housing markets saw lower incomes needed to buy a home in the first quarter of 2024 compared to the final stanza of 2023.
Home Value Tracker: Despite seasonality, home values well supported
March 8, 2024 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. In the fourth quarter of 2023, twenty-eight of more than 400 housing markets saw home values decline compared to a year ago, while nearly twice as as many markets posted double-digit gains again.
Higher mortgage rates, higher home prices ding home affordability again
February 21, 2024 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Potential homebuyers looking for improving affordability conditions will likely be disappointed again amid higher mortgage rates and shallower-than-typical seasonal declines in home prices.
Home affordability declines as income needed to buy a median-priced home rises further
November 15, 2023 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Sharply higher mortgage rates and a smaller and less broad seasonal softening for home prices combined to reduce home affordability again.
Home Value Tracker: Home Values Remain Mixed
September 5, 2023 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. In the second quarter of 2023, forty-eight of 400 metro areas saw home values decline compared to a year ago, while nearly as many markets posted double-digit gains again.
After Some Improvement, Home Affordability Declines Again
August 29, 2023 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Compared to the prior quarter, higher mortgage rates and home prices caused affordability to decline, ending a modest improving trend.
Across 400+ Metro Areas, Home Values Decline in Some Areas, Leap in Others
June 6, 2023 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. In the first quarter of 2023, seventeen of more than 400 metro areas showed a decline in value compared with a year ago period, while some geographically varied smaller metro areas posted sizable gains.
Income needed to buy a median-priced home higher... or lower? Time reference matters
May 19, 2023 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Compared to the prior quarter, lower mortgage rates and seasonally-lower home prices improved home affordability, but that wasn't the case using a year-ago reference.
Across 400+ Metros, Home Values rose as much as 24.92% Annually in 4Q22
March 7, 2022 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. In the fourth quarter of 2022, one of more than 400 metro areas showed a decline value compared with a year ago period, while Florida dominates the value gainers with six metros in the group with the highest year-over-year increase in home values.
Despite Lower Home Prices, Income Needed to Buy a Median-Priced Home Rises Again
February 21, 2023 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Despite a seasonal decline in home prices, affordability worsened again in the fourth quarter of 2022.
Across 400+ Metros, Home Values Increased between 3.01% and 31.05% Annually in 3Q22
December 12, 2022 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. In the third quarter of 2022, Florida dominates the top ten value gainers, placing ten metros in the Sunshine State into the group with the highest year-over-year increase in home values. Read more...
Income Needed to Buy a Median-Priced Home Still Rising
November 24, 2022 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Higher mortgage rates and home prices continue to see more income needed to buy a home than at this time a year ago.
Home Values Increased between 5.83% and 36.21% Annually in the Second Quarter of 2022
September 8, 2022 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. In the second quarter of 2022, Florida dominates the top ten value gainers again, placing seven metro areas in the group with the highest year-over-year increase in home values.
Worsening Home Affordability Vexing Buyers, Slowing Housing Market
August 24, 2022 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Housing affordability decreased sharply during the second quarter of 2022.
Annual Home Value Increases Range from 2.25% to 35.62% in the First Quarter of 2022
June 8, 2022 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. In the first quarter of 2022, Florida dominated the top ten with five metros with the highest year-over-year home value increases.
Home Affordability Suffering Amid Higher Mortgage Rates, Home Prices
June 7, 2022 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Fast-rising mortgage rates and home prices are starting to slow down the housing market.
New Quarterly Analysis of the Salary Needed to Buy a Home
February 25, 2022 - HSH.com releases today its latest quarterly Home Affordability Study, an updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Higher mortgage rates and rising home prices further challenged potential homebuyers across a wide swath of metro areas.
Smaller Metros Continue To See Largest Gains in Home Values
February 24, 2022 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. Home values are rising everywhere, but In the fourth quarter of 2021, some of the nation's smallest metropolitan areas continued to see the most significant increases in home values.
Home Values Rising Fastest In Smaller Metros, Data Reveals
December 8, 2021 - HSH.com releases today the latest quarterly update to its Home Value Tracker, where home price changes for more than 400 metropolitan areas over the last year and other time periods are calculated and displayed. Home values are rising everywhere, but In the third quarter of 2021, some of the nation's smallest metropolitan areas saw the largest increases.
New Quarterly Analysis of the Salary Needed to Buy a Home
November 30, 2021 - HSH.com releases today its latest quarterly Home Affordability Study, its updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Lower mortgage rates and seasonal home-price softening helped improve home affordability slightly during the quarter.
Home Values Fully Recovered in All Top 100 Housing Markets
September 9, 2021 - HSH.com releases today its final Home Price Recovery Index, a quarterly analysis of changing home values in the nation’s top 100 metropolitan housing markets. In the second quarter of 2021, all 100 of the nation's top 100 housing markets have seen their values reach or surpass previous "boom-era" price peaks. HSH is retiring the HPRI, and releases today a new tool for tracking changes in home values in more than 400 metropolitan areas.
New Quarterly Analysis of the Salary Needed to Buy a Home
August 23, 2021 - HSH.com releases today its latest quarterly Home Affordability Study, its updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Home affordability is starting to be impacted more strongly by spiraling home prices and firming mortgage rates.
Fresh Quarterly Analysis of the Salary Needed to Buy a Home
June 1, 2021 - HSH.com releases today its latest quarterly Home Affordability Study, its updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Home affordability is starting to be impacted more strongly by spiraling home prices and firming mortgage rates.
Home Value Recovery 99% Complete
May 27, 2021 - HSH.com releases today its latest Home Price Recovery Index, a quarterly analysis of changing home values in the nation’s top 100 metropolitan housing markets. In the first quarter of 2021, 99% of the nation's top 100 housing markets have seen their values reach or surpass previous "boom-era" price peaks.
Over 90% of Markets Achieve Full Home Value Recovery
March 1, 2021 - HSH.com releases today its latest Home Price Recovery Index, a quarterly analysis of changing home values in the nation’s top 100 metropolitan housing markets. In the fourth quarter of 2020, 93% of the nation's top 100 housing markets have seen their values reach or surpass previous "boom-era" price peaks.
Latest Quarterly Analysis of the Salary Needed to Buy a Home
February 25, 2021 - HSH.com releases today its latest quarterly Home Affordability Study, its updated analysis of the income a potential homebuyer will need to earn to buy a median-priced existing home in each of the top 50 metropolitan areas. Affordability had improved for much of 2020 due to falling mortgage rates, but sharply rising home prices are beginning to overtake that beneficial trend.
Six More Metro Areas Reach Full Home Value Recovery
December 3, 2020 - HSH.com, a trusted online resource for mortgage data, content and expertise, releases today its latest Home Price Recovery Index, a quarterly analysis of changing home values in the nation’s top 100 metropolitan housing markets. Developed by HSH, a premiere consumer destination for mortgage information and rate shopping since 1979, HPRI reveals markets with home prices at or above previous "boom era" peaks and those that have not yet completely recovered lost value.
Seven Things Homeowners Can Deduct on 2019 Taxes from HSH.com
Foster City, CA – January 16, 2020 – Taxes for homeowners have undergone serious revisions in the last few years. The latest changes did not eliminate deductions for homeowners. However, they are limited for some and irrelevant for others. HSH.com, a trusted mortgage resource since 1979, breaks down what every homeowner should know about the 2019 tax breaks for homeowners before filing a return.
Four New Metro Areas Reach Full Home Price Recovery
Foster City, CA, December 12, 2019 - HSH.com, a trusted online resource for mortgage data, content and expertise, has released its latest quarterly Home Price Recovery Index, an analysis of the nation’s top 100 metropolitan housing markets. The housing market report shows about 80% of home prices are at previous boom-era peaks, while others have not yet recovered their lost value from the Great Recession.
HSH Updates Salary Required to Buy a Home in 50 Largest Metros
Foster City, CA November 19, 2019 - HSH.com, a trusted online resource for mortgage data, content and expertise has today released its latest analysis of the salary required to afford a median-priced home in the top 50 metropolitan areas. The report uses the latest quarterly home price data from the National Association of Realtors (NAR), incorporates local property tax and homeowner’s insurance costs, and calculates the income needed to qualify for a median-priced home in each market.
Glass three-quarters full as 75% of major metro areas achieve full home price recovery
Foster City, CA, September 10, 2019 - HSH.com, a trusted online resource for mortgage data, content and expertise, has released its latest quarterly “Home Price Recovery Index”. The analysis looks at the nation’s top 100 metropolitan housing markets, including those with home prices at previous “boom era” peaks and those that have not yet completely recovered.
Coming up on 11 years after the US housing crisis, HSH.com explains the new “non-prime”
August 27, 2019—Foster City, CA — When it comes to home mortgages, the term “subprime” carries a lot of stigma associated with the US Great Recession. Nearly 11 years later, they’re coming back with a new moniker — non-prime — and it’s not what many remember it to be.
New HSH.com Report Finds U.S. Housing Affordability Rising in Some Major Metro Areas
Foster City, CA – August 20, 2019 – HSH.com, a trusted online resource for mortgage data, content and expertise, released today its latest analysis of the salary required to afford a median-priced home
Millennials Account for Largest Share of New Mortgages but Have the Most Buyers’ Remorse
Foster City, CA - June 5, 2019 - HSH.com, a trusted online resource for mortgage data, content and expertise, interviewed real estate expert Ilyce Glink to discuss the U.S. housing market’s current state and emerging trends.
Home Values in 26 Metro Areas Still Below “Boom-era” Highs
Foster City, CA, June 3, 2019 - HSH.com, a trusted online resource for mortgage data, content and expertise, released its latest quarterly “Home Price Recovery Index,” an analysis of the nation’s top housing markets including those with home prices at previous “boom era” peaks and those that have not yet completely recovered.
Housing Affordability Improved By Lower Mortgage Rates, Softer Home Price Gains
Foster City, CA (May 22, 2019) - HSH.com, a trusted online resource for mortgage data, content and expertise has today released its latest analysis of the salary required to afford a median-priced home. The research shows that the most affordable metropolitan area in the US continues to be Pittsburgh, while the least is the San Jose metro area, with the gap between the two in required salary more than $200,000 per year.
Expert Chris Birk Advises on VA Mortgage Trends
Foster City, CA April 26, 2019 - HSH.com, a trusted online resource for mortgage data, content and expertise, has released highlights of a conversation with VA home loan expert Chris Birk.
Foster City, CA April 9, 2019 - HSH.com, a trusted online resource for mortgage data, content and expertise, has released a 2019 update covering state-backed homebuyer assistance programs in all 50 states and the District of Columbia.
Foster City, CA March 25, 2019 - HSH.com, a trusted online resource for mortgage data, content and expertise, has released a comprehensive content suite today to help homeowners learn about prepaying their mortgages and how to save interest in painless and sometimes surprising ways.
Foster City, CA, March 12, 2019 - HSH.com, a trusted online resource for mortgage data, content and expertise, has released its latest quarterly “Home Price Recovery Index,” an analysis of the nation’s top 100 metropolitan housing markets including those with home prices at previous “boom era” peaks and those that have not yet completely recovered.
Foster City, CA (February 25, 2019) - HSH.com, a trusted online resource for mortgage data, content and expertise has today released the latest data for its salary required to afford a median-priced home analysis.
February 15, 2019 -- HSH.com, owned and operated by QuinStreet, Inc. (Nasdaq: QNST), is a trusted online resource for mortgage data, content and expertise. HSH today announced the launch of its new home equity calculator and forecasting tool.