According to MeridianLink’s latest Nationwide Mortgage Lending Survey, more than 30% of Americans are less confident in their ability to afford a home compared to five years ago. In addition, 55% expect mortgage rates to continue rising through the remainder of 2023.
Read More »Renting Remains More Affordable Than Buying in Most Large U.S. Metros
According to Realtor.com's August 2023 Rental Report, buying a starter home in the top 50 metros cost approximately 60.3% more than renting, while median U.S. rents experienced their fourth consecutive month of year-over-year declines.
Read More »Move-up Buyer Confidence on the Rise
The industry's inventory problem may begin to ease, as move-up buyer confidence rises and more homeowners put their homes on the market. According to a new survey, repeat buyer confidence is up, with a confidence level of 75 out of 100. That’s higher than the confidence levels of first-time buyers, non-homeowners, and all Americans as a whole.
Read More »Confidence in Housing Steady, but Shaking
Americans by and large are confident in the housing market. But a new survey by ValueInsured shows some fissures in the foundation. Slowly and quietly, more Americans are having their doubts about buying a home this year.
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