The 10 Best Real Estate Markets for 2024 A stubborn lack of inventory and high mortgage rates kept many prospective homebuyers at bay for most of 2023. But as we head into the new year, which markets are poised to see the strongest combined increase in home sales and listing prices? Courtesy of USA Today […]
It’s Taking Americans Much Longer in Life to Buy Their First Home… The typical age to buy a first home has jumped to 36 years old, the oldest ever on record. The rising age is a sign that high housing costs and mortgage rates are pushing homeownership out of reach for younger Americans. Courtesy of […]
Home prices rise for seventh consecutive month, per Case-Shiller Index After steadily declining for seven consecutive months, housing prices have now increased for the same amount of time – seven months, according to a new report. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released October 31, reports that home-price growth rose in August […]
More Unmarried Couples Are Buying Homes Together…What to Know Before You Do. More couples are becoming homeowners before tying the knot. Unmarried couples make up 18% of all first-time homebuyers, up from just 4% in 1985, according to a 2022 report by the National Association of Realtors… Courtesy of CNBC LAST CHANCE TO BUY TICKETS! […]
Here’s How Gen Z Can Become Home Owners “My parents were in their 20s when they bought their first home. It was the 1950s, Midcentury Modern, (my mother’s favorite furniture style) was just modern, and the house, a Dutch colonial in Brooklyn with four bedrooms, one full bath and two half baths, cost them about […]
The Mansion Tax Effect: Luxury Home Sales Stall in Los Angeles L.A.’s ULA Measure, which raises money for affordable housing by adding a 4 percent transfer tax to home sales above $5 million, has “chilled” the market: “People started pulling their listings.” In early 2023, L.A.’s luxury real estate market experienced a boom as deals were closed […]
California Housing Market The California real estate market is one of the most expensive in the U.S. that’s adjusting to higher mortgage rates and rising inflation. However, the Golden State housing market remains healthy in its various regions, including the tech-savvy Bay Area and multi-faceted Southern California. California Housing Market Trends Home prices vary across […]
Is the housing market going to crash? What experts say about the possibility in 2023. There is little debate that the U.S. housing market is cooling down after home values rose at a frenzied pace during the pandemic. For the first time in 131 months, home prices fell year-over-year in February, ending the longest price […]
Jokes About Millennial Homeowners Can Stop Now “In what is being described as a historic shift, the millennial generation is now made up of more homeowners than renters, according to new data released by RentCafe. After years of being known as the “renter generation,” millennials tipped the scale, largely due to the 7 million people […]
Housing Inventory Recovery continues at a Breakneck Speed, giving Buyers More Choices “In a market with conditions that don’t particularly favor buyers or sellers, both will likely have to make compromises to make a deal happen. As mortgage rates continue to fluctuate and increase the cost of buying a home, it’s important for sellers to […]
