U.S Single-Family Permits up, Multifamily Slows

Single-family permits surged in Q2 2024 despite high rates, driven by high demand. Multifamily permits dropped due to tight financing and excess inventory.

Redfin: 'Lock-In Effect' Continues to Ease

In Q1 2024, 86% of owners had a rate below 6%, down from the 2022 high of 93%. Rates need to dip more for the lock-in effect to loosen further.

Gen Z Renters Use Social Media for Design Tips

Gen Z renters, born between 1997 and 2012, prefer softer lighting and quirky décor, using social media for design trends to merge functionality with visual appeal.

Older Adults Moving in With 'Boommates'

Retirement-aged adults are increasingly sharing housing arrangements due to rising taxes, insurance and mortgage costs.