A new survey from Realtor.com revealed that an estimated one-third of prospective homebuyers have moved in with parents or other family members, in hopes of saving money to purchase a home this year.
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The last market peak occurred in June of 2022 when the real estate market set its all-time high of $46.6T, but now a shortage of homes has propped up sales, pushing valuation numbers ever skyward.
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With the oldest generation gradually aging out of their homes, will the inventory freed up provide relief for younger generations searching for their own path to homeownership?
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Low inventory, inflated prices, and soaring mortgage rates have many people opting to stay put. Find out how homeowners are making lemonade of the housing market’s lemons.
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