Tag Archives: Homeowner

The average American homeowner was able to purchase their first home at nearly 29 years old, according to a new survey from Shane Co.'s The Loupe. The survey revealed that the average homeowner rents for roughly five years before purchasing a home, while more than 25% of respondents believe it's now impossible to afford a home as a single person in the current housing market.

Prospective buyers say that owning a single-single family home is more valuable than having a shorter commute to work. Does that trend vary by region or generation?

Small metros in the middle of the nation are thriving while West Coast markets are struggling with affordability and homeownership.

A new report takes a look at potential existing-home sales trends, as well as one factor that could have a long-term impact.

Ellie Mae, a cloud-based platform provider for the mortgage finance industry, released its second annual Borrower Insights Survey at the Ellie Mae Experience conference on Tuesday. This survey ...

More working-age adults in big metropolises are living in doubled-up households driven by financial concerns from rising rents.

According to a recent report, it’s not just snowbirds that are relocating to enjoy Florida’s sunny weather. See what other states are experiencing an influx of out of state buyers . . .

Homeowners try to get every penny they can for their property, but appraisers are preparing them for a rude awakening. While home values aren’t meeting the expectations of their owners, new data shows they continue to rise.

With nearly $5 trillion available to borrowers, the equity economy is at an 11-year high, according to a new report by Black Knight. Fewer borrowers are underwater on the heels of a strengthening appreciation market, and refis are nearly half of all new loans. More than two-thirds of tappable equity is in the hands of borrowers with low-rate mortgages.

For families wanting affordable housing and great school districts, an analysis by the New York Times shows it’s going to require a longer commute. There are suburban “sweet spots,” the article posits, but they’re further out from cities like Boston, Chicago, and New York. Lexington, Massachusetts, was just one of these sweet spots mentioned.