The correlation between the asking price and the size of the down payment is behaving as expected—as the housing market has cooled over the past year, down payment amounts are down by 10%.
Read More »Homebuyer Assistance Programs Increase for Fifth-Straight Quarters
A new report found an upward trend in new homebuyer assistance programs amid difficult homebuying conditions.
Read More »Rental Prices Growing at a Slower Pace
Are the nation’s renters preparing to buy a home? New data from Realtor.com shows that may not be the case as affordability issues remain.
Read More »Homebound Young Adults Choosing to Pay Debts, Building Savings
For many, when it rains, it pours, and many new and young adults got dealt a bad hand at the outset of the pandemic, when lockdowns eliminated many ...
Read More »Homebuyers Still Believe That 20% Down Is a Necessity
Among renters and non-homeowners, many believe that the once-standard down payment of 20% is a rule, not a recommendation, on the path to homeownership.
Read More »Bay Area Housing Market Cooling the Quickest
Redfin reports that San Jose, Oakland, and San Francisco are among the fastest-cooling housing markets nationwide, as mortgage rates remain above 5%, pricing many potential buyers out of the market.
Read More »Will 2022 Break as Many Housing Records as 2021?
The record-breaking year that was 2021 seems to be a one-off performance, as the 2022 market is experiencing the upward creep of mortgage rates compounded with record-high prices, which is only adding to affordability issues.
Read More »Midsize, Small Markets Led Surging YoY Q1 Home Price Gains
According to the National Association of Realtors' latest quarterly report, Q1 of 2022 found more markets reaching double-digit annual price gains than the previous quarter. Meanwhile, approximately 70% of ...
Read More »What is Holding Back Potential Homebuyers From Entering the Market?
The lack of affordable homes is now firmly seated as the top reason holding potential buyers back from entering the housing market, according to a new study from ...
Read More »First-Time Buyers Utilizing Stimulus for Down Payments
Nearly one in four survey respondents said stimulus payments during the pandemic has helped fund their down payment.
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