Renting and/or owning a home continues to be a financial burden for average U.S. workers, according to ATTOM’s 2024 Rental Affordability Report, which showed that rents are growing faster than wages in most markets, outpacing home prices in nearly all of them.
Read More »Empty Nesters Outpace Millennial Parent Households
Empty-nest baby boomers own twice as many large U.S. homes as millennial parents living with children, a new Redfin report showed, as nearly half of all boomers are now living mortgage-free, with no motivation to sell in such a volatile market.
Read More »Which States Experienced the Biggest Home Price Increases?
Home prices are increasing in some states, as potential homebuyers are finding it harder to find affordable homes within their budgets, according to a new study from the New Jersey Real Estate Network.
Read More »Experts Reveal Emerging Real Estate Trends
Housing affordability remains a chief concern, even as renters see slightly improved conditions.
Read More »Aspiring Homeowners Feeling Optimistic About 2024
According to a recent Realtor.com survey, more than half of all first-time homebuyers indicated that now is a good time to buy, as moderating price growth and mortgage rates are expected to help improve affordability throughout 2024.
Read More »Mortgage Rate Drops Encouraging Market Activity
“The slight increase in December listings indicates the impact of lower mortgage rates is beginning to trickle down into the market, which comes as an optimistic sign as we head into the new year," said Jeremy Sicklick, Co-Founder and CEO of HouseCanary.
Read More »Housing Forecast: What’s in Store for ‘24?
What will 2024 have in store? LendingTree experts weigh in on housing and economic conditions expected to occur throughout the year, from interest rates on 30-year fixed mortgages to other benchmarks.
Read More »The Number of Affordable Homes Available Dwindles
While affordability issues linger for many, a new study from Redfin has found that just a small portion of homes were deemed affordable by modern lending standards.
Read More »Despite an Affordability Dip, Challenges Still Abound
Home-ownership expenses now require one-third of average wages nationwide, a 16-year high; historical affordability also stands at worst point since the subprime mortgage crisis in 2007.
Read More »Gen Z Migrated the Most in 2023
Only 11% of Millennials moved during the 2023 calendar year, as Gen Z changed locations more than every other generation by a wide margin according to a new year-end report.
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