According to a new report from Redfin, roughly 32% of renters nationwide are doing so because they can’t afford to buy a home in the area they desire ...
Read More »Florida Metros Show Lowest Percentage of Millennial Buyers
Across Miami, Jacksonville, and Tampa, an average of only 46.54% of mortgages were offered to millennials in 2021.
Read More »Locals Increasingly Priced Out by Out-of-Town Buyers
A new study found that out-of-town buyers who came to Nashville, Philly, and New York City had a larger budget to purchase a home than locals.
Read More »Affordability Worsens as Prices and Rates Climb
First-time buyers spent an average of 25.6% of their household income on mortgage payments, making a home purchase unaffordable.
Read More »What Homebuyers Need to Know
With so many homebuying misconceptions out there, how can lenders and other mortgage professionals better educate their consumers?
Read More »Will Home Prices Pick up Steam?
A new report indicates that home price growth has continued to cool as mortgage rates remain low and inventory increases in some of the priciest markets. But here’s the silver lining.
Read More »Weighing Homebuyer Optimism
Experts say that with the market shifting from a seller's market to a buyer's market, now is the best time to buy, but do potential homebuyers agree?
Read More »Measuring Homebuyer Purchasing Power
With wages growing and increasing demand from younger buyers, homebuyers may see their buying power increasing. Find out why here.
Read More »Pendulum Swings Toward Homebuyer’s Market
Declining sales and growing inventory have pushed the market forward for buyers in the past few months. But will those trends continue?
Read More »Good News for 55+ Homebuyers
Why are builders and developers in the 55+ housing market are reporting strong demand across the country? Click through to learn more.
Read More »