It should be no surprise that renters in California and New York were the most likely to move cities and states, looking for more affordable accommodations that still allowed them to telecommute to work.
Read More »Ranking the Nation’s Top Destinations for Snowbirds
As the winter sets in across the U.S., StorageCafe has found that Florida remains the best state overall for snowbirds, with 42 cities in the top 100 list, only challenged by Texas.
Read More »Study: Colorado Hottest Place for Remote Workers
A new study of all 50 states and D.C. revealed remote workers are flocking to Colorado, due in part to a high ratio of remote homebuying tools such as 3D-tours, virtual walkthroughs, and remote online notarization.
Read More »Fannie Mae Examines Remote Work and Affordability
“When remote work is coupled with the reported rise in the importance of affordability, it's not surprising that respondents expressed a greater willingness to live farther from their current location,” noted a Fannie Mae report. “Of course, renters indicated the greatest affordability concerns, as well as a willingness to consider areas farther away from their current location.”
Read More »How Mortgage Companies Have Been Impacted by the Pandemic
Rob Nunziata of ActiveComply discusses how the mortgage industry was impacted by the pandemic, the liabilities that a work-from-home staff bring, and how home lenders and servicers are managing this risk.
Read More »Stars, Stripes, and More: How Flag Displays Impact Potential Homebuyers
A new Redfin survey examined the question of how displays of various flags, ranging from the American flag to LQBTQ+ pride flags, impacted potential homebuyers’ likelihood to purchase a home in a given area. Here are the results.
Read More »Record Share of Homebuyers Looking to Switch Metros
Out-of-town moves among homebuyers have declined from a year ago because fewer people are moving, according to a new report from Redfin, as rising interest rates and high home prices continue to deter Americans nationwide.
Read More »Pending Home Sales Drop to Lowest Level Since Pandemic Onset
As elevated mortgage rates curtailed homebuyer demand, a lack of homes for sale also limited home purchases, according to a new report from Redfin.
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 »Persistence of Remote Work Continues to Fuel Migration
Apartment List surveyed nearly 6,000 adults in December 2022 and overall found that those with a remote job were far more likely to migrate and move into a new home than those with a traditional job.
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