The latest stats "speak loud and clear about the continuing pressure on both recent and longtime homeowners to support the rising cost of public services," according to data analysts.
Read More »How Financially Literate Are Today’s Consumers?
Researchers took into consideration factors including gender, race, income, marital status, education level, and age while exploring financial literacy and why it matters.
Read More »Optimism Fuels Housing Market Sentiment
As vaccinations roll out and the economy improves, an increasing number of Americans feel it’s a good time to buy, according to the latest survey from Fannie Mae.
Read More »Americans Redefine the Purpose of Homeownership
One year into a national health crisis and subsequent stay-home rules, property owners are ready to invest in making more out of their residences, a new study showed.
Read More »Pandemic Forces Shifts in Migration
A new study has found that that 11% of Americans have been forced to relocate to the pandemic, increasing the pool of Americans seeking homes in an already-constricted market.
Read More »New Bankruptcies Hit 1-Year High in March
However, experts anticipate a return to pre-pandemic levels of filings as a result of the vaccination roll-out and corresponding economic recovery.
Read More »Housing Market Competition Heats Up
Reports show that the housing market is at its most competitive since the Great Depression, as low rates are not enough to force prospective homebuyers to overpay for a home.
Read More »Forbearances Drop for Fifth Consecutive Week
With approximately 2.5 million Americans currently in forbearance plans, a new report notes that the total loans in forbearance dropped to 4.9% of total volume, marking a five-week decline.
Read More »Mother Nature Impacting Housing Relocation Choices
Natural disasters, extreme temperatures, and sea-level changes are playing a greater role in homeowner’s choice for relocation.
Read More »Rates and Prices Pushing Affordability Out of Reach
Near-record-low rates alone are not enough to drive down the prospect of homeownership, as 15-year home price highs are pushing more Americans out of the market.
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