California and New York buyers are making the highest down payments in the country.

The median sales price of a luxury home in Detroit is $753,851

In 60% of counties, buyers would need to spend more than 32% of their income to afford a home.

The reason is that price growth has more than offset reduced asset sizes.

In 2024, 10.8% of sellers of single-family residential properties were investors.

As demand slides in April, it draws parallels to the 2023 crisis.

Single-family construction growth slowed across all markets in the first quarter.

The investment community isn’t retreating but it is recalibrating