According to the National Association of Realtors, the average price of a home rose to $378,700 in the fourth quarter of 2022.
Read More »Rental Relief: Rents Grow at Slowest Pace in 18 Months
Despite the decline in rental costs nationwide, affordability remains a concern among most tenants.
Read More »Young Adults Continuing to Live at Home
For many, when it rains, it pours, and many new and young adults got dealt a bad hand at the outset of the pandemic, when lockdowns eliminated many of their service-related jobs, drained their savings, and ultimately forced them to ...
Read More »Misconceptions That Keep Potential Homeowners Out of the Market
More than 40% of those who have never owned a home, primarily renters, still believe that a 20% down payment is required to own a home.
Read More »Paying Down Debt or Making a Down Payment?
According to a new report from Redfin, roughly 32% of renters nationwide are doing so because they can’t afford to buy a home in the area they desire to live in — while 30% of renters are unable to save ...
Read More »The Shortest Distance to Home
New research examines the regions where factors are most conducive to would-be homeowners assembling a down payment in the timeliest manner.
Read More »Remote Work Situations Aid in Overcoming Down Payment Hurdles
A new study has found that new opportunities are now present in the current housing market that did not exist just pre-pandemic.
Read More »Credit Scores and Down Payments Reach All-Time Highs
Faced with elevated home prices and stricter credit requirements, borrowers in Q3 placed, on average, higher down payments on their mortgage loans than ever before, according to Bloomberg. Citing a report from ATTOM Data Solutions, Bloomberg reports the median down ...
Read More »Homeownership at the Center of How Americans Save
A new study by Wells Fargo gives insights into the sacrifices and investments that consumers are ready to make to afford a home.
Read More »Millennial Homeowners: Living With Regret
According to a report here are the key reasons why some young homeowners are already regretting their purchase.
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