A new Javelin study revealed that a majority of Gen Z’ers and nearly 40% of millennials would consider rent-to-own agreements as an alternative to purchasing as a result of low inventory and historically high mortgage rates.
Read More »Rental Affordability Window Closing for Many
While mortgage rates are discouraging buyers' homeownership goals, quickly rising interest rates continue to hamper renters’ already limited buying power in the nation’s most expensive markets.
Read More »Higher Education Proving Strong Contributing Factor for Millennial Homeownership
The latest analysis from First American Financial revealed that millennials are the most educated generation in American history, with nearly 40% possessing a bachelor’s degree or more, as those with higher education remain more likely to obtain homeownership.
Read More »Increased Cost of Homeownership Dampening Buyer Demand
CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest ...
Read More »Hispanic Homeowners Account for Rise in Housing Growth
Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. ...
Read More »Will High Housing Costs Moderate?
As national population growth sits at a record low, domestic migration was the key component of population change on state and local levels in 2021, according to demographic ...
Read More »Making Homeownership Attainable for Everyone
As the industry continues to make major headway on the D&I front, American Mortgage Diversity Council Chair Tai Christensen shares her perspective as the nation celebrates the importance of Juneteenth.
Read More »More Homeowners Looking to Remodel to Boost Value
A new survey from Regions Bank has found that more are willing to invest in upgrading their current residence and tap into their equity over finding a new home or selling.
Read More »Analyzing Racial Disparities in Homeownership
It is no secret that the COVID-19 pandemic affected nearly every facet of the economy and the people that live in it. But the pandemic didn’t affect everyone ...
Read More »Complicated Markets Fuel Buyer Fatigue
ServiceLink recently released its 2022 State of Homebuying Report, highlighting the effects of low housing inventory and how high home prices are leading the next generation of buyers to ...
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