Like the generation that precedes them, members of Gen Z are concerned about affordability, according to a new Point2 study, which revealed the cities and regions where the youngest Americans have the best chance of achieving homeownership.
Read More »Buying Power Shifts Across Nation’s Largest Cities
While the average homebuyer can now afford to spend even less on a home, a new Point2 study revealed that the median home price in the U.S. is now 50% higher than the average affordable home price.
Read More »Housing Inventory Plummets in Most Affluent U.S. ZIP Codes
A recent Point2 study examined America’s fastest-selling and most expensive ZIP codes, showing that while inventory fell dramatically in some of the nation’s priciest markets, homes are selling faster than the year before, with some million-dollar estates selling in just one week.
Read More »Trading Rent for a Mortgage Not a Better Deal for Everyone
Those who move from renting to the homeowning game are not necessarily getting the full return out of their mortgages. A new report from Point2 found that homebuyers who trade their rent for a mortgage of the exact same amount (complete with fees and taxes) do not necessarily get more bang for their buck.
Read More »Golden State Tops Destinations for Luxury Property Seekers
While the nation’s housing marketplace continues to experience instability, a new report from Point2 has found stability in the price, demand, sale, and inventory levels in luxury properties through the first half of 2023.
Read More »Building Permits Ramp Up in California, Florida, and Texas
Building permits from California, Florida, and Texas make up a third of all building permits issued nationwide and have been dominating this statistic for the last decade.
Read More »Sen. Brown Seeks FTC Review of Rental Pricing Algorithms
In a letter to FTC Chair Lina Khan, Sen. Sherrod Brown urges the Commission to examine whether proprietary rental pricing algorithms may be hurting competition, in violation of antitrust laws.
Read More »Americans Increasingly Looking at Vacation Homes in Mexico, Canada
Fortune favors the bold, and in July 2022 search patterns saw a major shift in what destinations homeseekers were considering, but despite that, the top five destinations remained the same: Mexico, Canada, Costa Rica, Puerto Rico, and Belize. Point2, the ...
Read More »Fixer-Uppers Remain Viable Option for Cash-Strapped Buyers
Buying a fixer-upper remains a viable option for many buyers trying to stretch their dollar in the current environment of still-rising home prices, bidding wars, low inventory and rising interest rates. While these properties do require buyers to put in ...
Read More »Education Is a Key Predictor of Future Homeownership
While the consistent and mounting pressure of student loan debt has been holding many back from purchasing a home, possessing a bachelor's degree is still largely seen as a stepping-stone to entering the housing market. The number of adults that ...
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