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Tag Archives: Affordability

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.

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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.

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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.

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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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