Although a national debt default is unlikely, new scenario projections from Zillow reveal home sales would decrease sharply. While home values would not lose much ground, a surge in mortgage rates would do further damage to nationwide housing affordability.
Read More »Gen Z Homebuyers Prioritize Pets Over Partners
According to a new Zillow survey, Gen Z pet owners reported they would prefer to move if their home was no longer a good fit for their pet than if it was no longer working for their partner, while 55% of respondents said it was more important to have a pet-friendly home than a kid-friendly home.
Read More »Analyzing the Most Cost-Effective Regions for House Hunters
A new report from North American Moving Company examines median prices, tax rates, and other factors to determine 2023’s most affordable regions.
Read More »Home Showings Decline But Remain Above Pre-Pandemic Levels
According to the latest market report from ShowingTime, homebuyer foot traffic and in-person showings decreased from September, as rising rates and inventory challenges continue to discourage buyers from purchasing a home.
Read More »Share of Homes For Sale Tops 2020 Levels
According to October’s Monthly Housing Market Trends Report from Realtor.com, data showed nationwide inventory of active listings grew 33.5% year-over-year to a two-year high.
Read More »Craftsman Style Homes Cost a Premium
Entry level homes with distinctive farmhouse or craftsman styles come at a premium, a study found. Why are buyers at the entry-level ready to pay more for some features?
Read More »How Will Rising Mortgage Rates Impact Homebuyers’ Wallets?
Mortgage rates have climbed steadily since March and this week they rose to their highest since August 2013. Experts weigh in on the impact of these hikes on home purchases.
Read More »Multifamily Homeowners: Brace For Impact
Renters are finally setting their sights on homeownership, according to an analysis released on Thursday. In Q1 of 2017, the share of home shoppers who were either non-homeowners or renters rose markedly over years past. Will the trend continue? And what does it mean for lenders and multi-family property investors?
Read More »Rate Hike or no Hike? Home Shoppers Remain Undeterred
Tomorrow all eyes are on the Federal Reserve, and the housing industry could experience a shake not felt in over nine years. The industry has been practically holding their breath anticipating what the Fed may or may not do after the Federal Open Market Committee wraps up its last meeting of the year.
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