Zoning
Zoning Reform Passes in Minneapolis, Opening Single-Family Lots
Minneapolis adopted a new citywide zoning code allowing up to four units on formerly single-family parcels, expanding on the landmark 2018 reforms.
Publisher
REITs
REITs Outperform S&P 500 in First Quarter 2026
The FTSE Nareit All Equity REITs Index returned 8.4% in the first quarter of 2026, outperforming the S&P 500's 3.1% total return.
Miami
Miami Condo Inventory Surges as New Safety Rules Take Effect
Miami condo inventory rose 48% year-over-year in March as Florida's post-Surfside structural inspection requirements pushed older-building owners to sell.
Denver
Denver Market Sees Sharpest Price Cuts in Five Years
Denver home sellers made price reductions on 42% of active listings in March, the highest rate since 2020 and up from 28% last year.
Insurance
Homeowners Insurance Crisis Spreads Beyond Florida and California
Louisiana, North Carolina, Oklahoma, and Colorado are among states where homeowners insurance rates rose by more than 25% over the past 18 months.
First-Time Buyers
First-Time Buyer Share Falls to Record Low, NAR Reports
First-time buyers accounted for just 24% of U.S. home purchases in 2025, a record low since NAR began tracking the metric in 1981.
Foreclosure
Foreclosure Filings Rise in Five States as Forbearance Ends
Foreclosure starts rose 14% year-over-year in March in five states as pandemic-era loss mitigation options continued to wind down.
House Hacking
House Hacking Returns in 2026 Despite Rate Environment
First-time buyers are increasingly using house-hacking strategies to offset high rates, with 18% of sub-35 FHA buyers purchasing two-to-four unit properties.
Phoenix
Phoenix Rental Market Cools as New Multifamily Opens
Phoenix apartment rents fell 3.3% year-over-year in March as 28,000 new units delivered in the past 18 months and vacancy climbed to 9.4%.
Investors
Investor Purchases Drop to 16% of Transactions in Q1 2026
Investor purchases accounted for 16% of U.S. home transactions in Q1 2026, down from 22% in 2022, as higher borrowing costs pressured returns.
Rent Growth
Rent Growth Slows Nationally as New Supply Hits Market
National asking rents rose just 0.7% year-over-year in March, the slowest pace since 2010, as new multifamily deliveries absorbed demand.
Seattle
Seattle Condo Prices Drop 6% Year-Over-Year
The median Seattle condo sale price fell 6.2% year-over-year in March to $485,000 as inventory expanded and tech-sector demand cooled.