Chester County News and Community Website
A surge in apartment construction is improving rental affordability across much of the United States, with nearly three-quarters of rental listings now affordable to median-income households, according to a new …
Apartment Boom Expands Rental Affordability Nationwide Read More
U.S. home sales rose for a fourth consecutive month in May, increasing 7.9% from April, but a slowdown in new listings continued to constrain housing supply and limit the market’s …
Home Sales Extend Four-Month Gain as New Listings Decline Read More
WEST CHESTER, PA — Chester County’s median asking rent rose to $2,225 in May, up 10.7% from a year earlier, underscoring how limited housing inventory continues to push would-be homebuyers …
Chester County Rents Climb 10.7% as Housing Shortage Persists Read More
A buyer purchasing the median-priced U.S. home with a standard 30-year mortgage will now pay more in interest than the home’s purchase price, underscoring how elevated borrowing costs continue to …
Mortgage Interest Now Exceeds Home Cost for Typical Buyer Read More
U.S. home sales and new listings both declined from year-earlier levels in May as mortgage rates climbed above 6.5%, a combination that signals continued pressure on the housing market despite …
Rising Mortgage Rates Weigh on Home Sales as Inventory Growth Slows Read More
WEST CHESTER, PA — Chester County’s housing market continued to outperform national trends in May, with home prices climbing and properties selling quickly even as the broader U.S. market experienced …
Chester County Defies National Housing Slowdown as Prices Rise Read More
Residential mortgage originations declined in the first quarter of 2026, with home-purchase lending falling to its lowest level in more than a decade as elevated home prices and rising borrowing …
U.S. Home Purchase Lending Falls to 12-Year Low as Affordability Pressures Mount Read More
Nearly 40% of U.S. rental listings offered concessions this spring, the highest share recorded for this time of year, as a surge in apartment construction and rising vacancy rates shifted …
Rental Concessions Reach Record Levels as Supply Outpaces Demand Read More
U.S. home sales are growing fastest in markets where housing inventory has recovered most fully from pandemic-era shortages, with Austin leading the nation in both sales growth and available supply, …
Inventory Recovery Fuels Housing Sales Rebound in Southern Markets Read More
Contract signings and new home listings reached their highest levels since mortgage rates surged in 2022, signaling a potential shift in the U.S. housing market after three years of subdued …
Homebuyers Return as Contract Signings Reach Highest Level Since 2022 Read More