Although Q2 2019’s GDP growth of 2.1% exceeded expectations, housing’s share of the GDP declined to 14.6%, according to the National Association of Home Builders (NAHB). Recording its ...
Read More »Where are Homeowners Looking to Relocate?
Redfin reports that 25% of home searchers on Redfin.com are looking to relocate to a new metro in Q2 2019—a slight increase from last year. The report states ...
Read More »Interest Rates and the Impact on Mortgages
A new report issued by WalletHub found that there is a 78% chance the Fed drop interest rates on July 31, and that mortgage rates will fall if ...
Read More »Homebuyers and Peer Pressure
Here's how many Americans felt pressured to spend more than necessary on their home.
Read More »Consumers Gain The Edge in Housing Market Shift
First American Financial Corporation’s Home Price Index (HPI) revealed that consumer home-buying power increased 1.3% in May 2019 and 9.3% year-over-year. The HPI states real house prices dropped ...
Read More »Cash Isn’t King for Homebuyers
The acceleration of the decline of cash buyers continued in June, as a new report in USA Today reveals that just 16% of home buyers paid in cash. ...
Read More »When The American Dream is The American Regret
A survey by Freedom Debt Relief found that more than a quarter of homeowners surveyed feel the cost of owning a home is a burden, with many saying ...
Read More »What Makes a “Boomtown”
A new report from Arch MI looks into why some towns have exponential growth while others do not.
Read More »The Widening Racial Homeownership Gap
Data from the U.S. Census Bureau indicates that black homeownership has fallen to record low levels. Click through to find out why.
Read More »Home Building Drags as GDP Increases
Despite home building and remodeling's drag on economic growth, real GDP growth exceeded expectations in Q2 2019.
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