While millennials outpace baby boomers in population, the older generation owns a bigger share of large homes throughout the U.S., according to a new Redfin report. Here are the factors keeping empty nesters in those larger homes—and those homes off the market.
Read More »Price Increases Complicating the Homebuying Process
While the average U.S. state experienced more than a 3% increase in home prices last year, a new study from the New Jersey Real Estate Network revealed the states where prices rose the highest in 2023 and how it affected prospective homebuyers.
Read More »Homeownership Key to Baby Boomer Wealth Levels
Financial experts examine younger generations’ plans for prospective inheritances.
Read More »Buyers Looking Forward to Homeownership in 2024
According to a new Realtor.com survey, while 2024 is expected to remain a challenging year for homebuyers, nearly all first-time homebuyers overwhelmingly feel that they’ll be able to afford a home within their lifetime.
Read More »Mortgage Payments Dip as Lock-In Effect Eases
More home sellers are listing their homes in the New Year, according to a new Redfin report, as mortgage applications tick upwards from last year’s levels while monthly housing payments decline from their all-time high recorded in October 2023.
Read More »Record Multifamily Unit Completions Fuel Imbalance Between Supply and Demand
While the multifamily market rebounded in 2023, a record number of units were also completed, causing the vacancy rate to rise in December, according to a new report from Apartments.com.
Read More »The Growing Value of Owner-Occupied Homes
A new LendingTree study revealed the total value of owner-occupied housing units in the 50 largest U.S. metros, but just how much are all those American homes worth?
Read More »Overcoming Homebuying Hurdles
Millennials polled in a recent survey noted that the current rate environment has deterred their purchase plans, and three out of four feel the market may get worse before it improves.
Read More »How Many U.S. Households Are Considered ‘House Poor’?
According to a new Creditnews report, the number of American households considered "house poor" varies by state, with 17 exceeding the national average, as housing affordability continues to put financial pressure on prospective homebuyers and homeowners alike.
Read More »Inventory Improves as New Listings Offer Buyers More Options
Realtor.com has released its Monthly Housing Market Trends Report for December, which revealed that while the share of active listings on the market remains low compared to pre-pandemic levels, an uptick in inventory could mean a broader range of homes for homebuyers to choose from.
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