With no surprise, more and more adult children live at home with their parents, as heavy student debt is the most common reason for older children to wait to buy their own property.
Read More »January Housing Demand Hits 4-year Peak
Housing demand in January hit its highest point in four years. According to the latest Redfin Housing Demand Index report, January demand increased 6.5 percent compared to December, hitting an adjusted level of 130.
Read More »In Millennial Marketplace, Owners, Loans are on the Rise
Millennials tend to skip the traditional starter home by choosing larger properties with higher prices. They pay a median price of $217,000 for a home that is about 1,800 square feet, similar in size to what older generations buy.
Read More »Homebuyers Undeterred in December
An increase in demand for homes in the last month of 2016 indicates that 2017 will be a strong year for home sales, despite the fact that there has been a low supply of homes listed on the market.
Read More »Homebuyers Adore February
The month of love is historically the best time to buy a home. What forces are driving the discount?
Read More »Millennial Homebuyer Capacity is Shrinking
The median mortgage that borrowers under 35 could afford has fallen over the last three months. What factors are behind the decline?
Read More »Making the Mortgage Picture Clearer for Buyers
A substantial number of would-be homebuyers lack the financial education to navigate the homebuying process, according to a recent survey. What can the industry do to educate potential homebuyers?
Read More »Two Key Segments Re-emerging Among Homebuyers
The pace of home sales has risen over the last two years due to the increasing role of two key segments that have recently been absent from the homebuyers' market.
Read More »Competitive Market Forces Buyers to Consider Options
The competitive homebuying market brought on by continuously short inventory supply is causing would-be buyers to keep their options open.
Read More »Conditions are Dampening Homebuyer Confidence
Homebuyer sentiment has taken a tumble since peaking in July. Why are would-be homebuyers less confident now than they were in the summer?
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