Both home sellers and homebuyers continue to struggle to navigate the market, with a new seller survey from Realtor.com revealing that home prices are up 7.8% from last year.
Read More »Homeownership Gender Gaps Persist
Although women make up a higher share of college graduates, single female household heads still have substantially lower incomes and are more likely to raise children than single male household heads.
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 »Staying Put: What Homeowners Need to Age in Place
As many seniors expressed worry about high interest rates, some 90% said they still want to age in place, but a new Point study revealed mounting costs for home improvements may be necessary in order to stay put.
Read More »Home Improvement Spending Outpacing Homeowner Incomes
A new report revealed where home improvement spending is rising faster than incomes, as homeowners in Southern states were found to spend more on home improvements compared to large cities like New York and Philadelphia.
Read More »Share of Americans Living Rent-Free Surpasses Nearly Four Million
While the share of adults behind on rent surpassed eight million nationwide, a new LendingTree study revealed an estimated 3.6 million Americans currently live rent-free, another financial alternative to combating inflated housing costs.
Read More »High Mortgage Rates Putting a Damper on Million-Dollar Homes
The share of U.S. homes worth at least $1 million slipped to 7% from 8.6% in June, according to a new report from Redfin, as inflated mortgage rates continue to cool the housing market.
Read More »Interest Rates Sidelining Home Sellers
According to a new market report from Zillow, high interest rates caused new listings to hit a record low in February, frustrating willing homebuyers nationwide.
Read More »Home Prices Experience Modest Increase in February
According to a new report from Redfin, home prices declined in February as home sellers responded to a decline in homebuyer demand spurred by elevated mortgage rates.
Read More »Single Female Homeownership Increases Driving Overall Homeownership Rate Growth
Since 2019, the number of single, female-headed households has increased by 1.4 million, one million of whom are homeowners, according to a new report from First American.
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