Luxury consumers brought fresh energy to the housing market in 2023 as their ability to pay cash for a home and ignore the lock-in effect increased, according to a new Coldwell Banker Global Program report.
Read More »Many Gen Zers, Millennials to Sell in Next Year
Buying a home and sticking to it is becoming a way of the past as more and more members of the Millennial generation and Generation Z who currently live in a home are planning to move in the next 12 ...
Read More »The Week Ahead: Fostering a More Inclusive Workplace
The American Mortgage Diversity Council (AMDC) will host the final installment in its webinar series, focusing on how companies are meeting their D&I objectives through Employee Resource Groups.
Read More »Coldwell Banker Appoints New President in D/FW
Coldwell Banker Residential Brokerage, Dallas/Fort Worth appointed Frank Obringer as president. Sue Meyer, the brokerage's president since 2007, will transition her responsibilities over the next several months and then retire.
Read More »Homeownership Still Holds High Emotional Value
Despite the economic downturn, a study conducted by Coldwell Banker and psychotherapist Dr. Robi Ludwig found that even though people's feelings about homeownership have changed, owning a home is still very much a goal for many Americans. One of the findings stated while 79 percent of U.S. adults indicated the recession has caused society to rethink the concept of homeownership, 91 percent agreed owning a home is part of the American Dream. Another issue being re-evaluated is what homeowners want versus what they really need. According to the survey, 90 percent of U.S. adults agree some people purchased more expensive homes than they should have before the recession.
Read More »J.D. Power Study Confirms, It’s Still a Buyers’ Market
The real estate downturn has sent home prices tumbling, inflated housing inventories, and prompted stimulus programs that have pushed mortgage rates to record lows and given homebuyers tax breaks and cash incentives. Undoubtedly, it's a buyers' market. A new study released by J.D. Power and Associates Wednesday confirms that with today's bargain-basement market conditions, homebuyers are giving their real estate experiences a thumbs-up. Sellers, on the other hand, aren't nearly as pleased once the deal is done.
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