Potential first-time homebuyers looking to shift from renting to homeownership in 2023 are facing mortgage rates that are nearly 4 percentage points higher than the low point in Q4 2020, limiting their purchasing power. In a new analysis, First American Economist Ksenia Potapov revealed the costs of renting against the costs of owning a home.
Read More »How Digitalization Is Transforming Residential Real Estate
The number of investors using digitalization to buy newly available single-family homes is growing, as a new report from the Joint Center for Housing Studies shows how the use of data analytics is transforming how residential real estate is bought and sold.
Read More »Gen Z Reacts to Inflation by Seeking Additional Incomes
A recent Bank of America survey revealed that as inflation persists, an estimated 75% of young adults are seeking more ways to earn additional income, as challenges of achieving their financial goals remain constrained.
Read More »What’s the Score?
Mortgages often hit a consumer’s credit score. See where buyers are bouncing back from these hits the fastest.
Read More »To Own or to Rent: The Question Troubling Homebuyers
With home prices continuing their upward march, a study found that fewer counties had homes where a median income family could afford to buy. Does this mean renting could soon become a cheaper option for many potential homebuyers?
Read More »What’s Causing Existing Home Sales to Decrease?
Despite growing demand a combination of factors kept existing home sales down in May, according to a report. Does this have to do with consumer perceptions of the market? Experts weigh in.
Read More »What to Expect in the Homebuying Season
If the last three years are any indication, the homebuying season of 2018 is set to be as competitive, if not more. Click through to learn more.
Read More »Homebuyer Optimism Surges
Consumer sentiment has grown positive about the current homebuying season, with an increasing number of homebuyers saying they’re confident about home prices remaining stable.
Read More »San Francisco Wins the Homebuilding Race
San Francisco has been known to have an acute shortage of housing inventory. But the Golden Gate City surprised its critics by nearly doubling its historic average number ...
Read More »Buying a Home is a Top Priority for Americans
Americans want to buy homes and they want to buy them as an investment option. According to a study on homebuyers by NerdWallet, a personal finance website, 75 ...
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