For many Americans, homeownership is seen as the pinnacle of wealth. The American Dream is a historically ideal status to achieve, but for many, it's becoming further out of reach....
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Which Cities Does Gen Z Have the Best Chance at Homeownership?
...the real probability of adults under 25 achieving homeownership. Unemployment Rate: to see where young adults have lower chances of financing homeownership. America’s youngest homebuyers stand a better chance at...
Read More »Low-Rate Environment to Thaw Mortgage Lock-In Effect?
...we think rates will still have a significant way to go in order to meaningfully reduce the ‘lock-in effect’ experienced by homeowners who refinanced or bought during the pandemic. Overall,...
Read More »California MBA Taps AMDC Chair to Lead Its DE&I Committee
...homeownership gap in underserved communities, I am eager to initiate more conversations about how industry leaders can effectuate this much-needed change and help advance the future of this profession.” Christensen...
Read More »Affordability, Inventory Still Weighing on Gen Z
...people of past generations of homeowners. The homeownership rates for 19-to-25-year-old Gen Zers are higher than the homeownership rates were for millennials and Gen Xers when they were the same...
Read More »Single Women Outpace Their Male Counterparts in Homeownership
...single homeowners: 5.89 percentage points The state with the largest share of single-men homeowners: New Mexico—the Land of Enchantment Owner-occupied households: 604,224 Households owned and occupied by single women: 14.49%...
Read More »Mortgage Rate Lock-In Effect Starting to Slip
According to a new Zillow report, 21% of surveyed homeowners are considering selling their homes, despite higher home values and rates, a number which is up from 15% from one...
Read More »Mid-Atlantic Region Continues to Find New Highs
...will increase both the number of sellers and buyers in the market in 2024. Homeowners who have a very low mortgage rate have been reticent to list their home for...
Read More »Life Happens: Homeowners Finally Letting Go of Ultra-Low Rates
On a national level, all homeowners with mortgages under 6% represent 88.5% of homeowners, a number which is down from 92.8% in 2022, according to a new report from Redfin....
Read More »Buyers Looking Forward to Homeownership in 2024
...around the same ages. The share of homeowners between the ages of 25 and 34 in this year's top markets is 8.1%, well above the national average of 5.4%. Among...
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