About 30% of 25-year-olds owned their own home in 2022, higher than the 27% rate of the previous generation.
Read More »Home Sellers Hesitant to Take on New Mortgages
A new survey from Realtor.com revealed an estimated 82% of home sellers feel 'locked in’ to their current home, as buying a new home could potentially mean buying into a higher mortgage rate.
Read More »Female-Headed Households Still Struggle to Achieve Homeownership
According to a new study from Urban Institute, research revealed that among never-married households, there was a steady six-percentage-point female-male homeownership gap between 1990 and 2021.
Read More »Gen Z: Economic State Making it Harder to Save
A new study from Bank of America revealed 73% of Gen Z reported that the current economic environment has made it more challenging to save. Many respondents said inflation has created even more financial stress, while surging rents or home prices have made it harder to afford day-to-day necessities.
Read More »Concern Over Climate Risk Factoring Heavily Into Home Relocation Plans
A new analysis by Redfin has found that 62% of those planning to buy or sell a home are reluctant to relocate to a place at risk of natural disasters.
Read More »Americans More Fearful of Home Prices Than a Recession
While 75% of Americans predict a recession within two years, their primary concern at the moment is continuing high home prices.
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 »Gen Z Buyers Represent a ‘Growing Splash’
Nationally, Gen Z homebuyers represent approximately 10% of the market, but that number is growing in some states due to an influx of 18 to 24-year-olds.
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 »Nearly Half of Americans Looking to Relocate for Financial Gain
Moving South may save you more money than you think, as states like Arkansas, Missouri and West Virginia remain affordable throughout the pandemic.
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