The American Dream of homeownership is becoming more cost-prohibitive than ever, especially in the country's largest and most in-demand cities, according to Point2. And the researchers there don't expect the situation to improve anytime soon. While mortgage rates have been historically low, ...
Read More »Key Takeaways from Real Estate in 2020
Just as clothes go in and out of fashion, so do real estate trends. 2020 saw its fair share of new ways to shop for homes, high levels of demand, and even a few myths busted, according to Zillow. Here ...
Read More »Fannie Mae Upgrades Predictions for 2021 Housing Market, Economy
Many factors have contributed to Fannie Mae’s updated prediction for end-of-year and 2021 growth. Stronger-than-expected data coming in, positive vaccine developments, and increased talks of additional stimulus have helped keep the economy moving ahead. Originally forecasted at negative 2.5%, full-year ...
Read More »Housing Market Forecast and Predictions for 2021
Shelter-at-home orders and other measures were put in place just before springtime this year, which is usually the best time of year for listing and selling homes. However, 2021 poses to be a much more stable year for real estate, ...
Read More »Housing Market Stays Strong Amid Slow Economic Recovery
How long will economic recovery take? CNN Business says that if things continue at November 2020’s pace, it will take the US until March 2024 to return to where it was in February 2020. Because of COVID-19 occupancy restrictions, online ...
Read More »Top 5 U.S. Cities Experiencing Drops in Affordable Homes
Many factors determine the affordability of housing on both a local and national level. Looking at the big picture, increased average income and decreased mortgage rates should equal more affordable housing across the country. However, this isn’t the case according ...
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