“A slowdown in home prices is underway and welcomed, particularly as the typical home price has risen 42% in the past three years,” National Association of Realtors Chief Economist Lawrence Yun said.
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Current Homebuyers Losing More Than Buying Power
Aggressive rate hikes coupled with sky-high home prices mean buyers are bleeding money.
Read More »‘Shrinkflation’s’ Impact on High-End Homes
The newest data from Zillow has revealed that the phenomenon known as “shrinkflation,” which most commonly occurs in consumer products, is occurring in the housing market as well ...
Read More »Average New Home Size Drops to 2,480-Square Feet
The size of the average American starter home has been consistently decreasing, falling to just under approximately 2,500-square feet.
Read More »Up Your Commute Time for a Dramatic Decrease in Home Prices
For Seattle residents, 15 minutes and 40 minutes in the rush hour traffic could mean the difference between owning a home that costs over $900,000 and one that ...
Read More »What do Affluent Millennial Homebuyers Want?
The world of wealth is getting younger, as majority of the buyers seeking million dollar-plus home are on an average 37 years old, married, and have young families, ...
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