First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior. Continue reading
Research shows that people are concerned about the changing climate’s impact on their hometowns, but they’re more concerned about a lack of housing affordability, according to a new report from Redfin. Continue reading
Lack of affordable housing, rising home prices and soaring interest rates are making the dream of homeownership dangerously unachievable, writes broker, coach and consultant Zak Shellhammer. Continue reading
Alexandria, Virginia’s fifth-largest city, is on the brink of banning single-family-only zoning. If the plan passes, Alexandria legislators estimate 66 new residential buildings will be added to the city by 2033. Continue reading
“Our original mission was to provide shelter and security to our communities,” writes Teri Conrad, a 16-year industry vet. “But somewhere along the way, we got lost in pursuing wealth and power.” Continue reading
NYC’s Independent Budget Office’s latest study found 13,362 rent-stabilized units have been empty for at least two years. They said it’s “impossible” to know if landlords are justifiably keeping them unrented. Continue reading
Residents in Florida and Texas would rather live in states with abortion care and LGBTQ rights, but affordability worries force them to stay in their current states, according to a new Redfin survey. Continue reading
As economic headwinds push native-born population and household formation growth down, Harvard researchers say immigrants hold the key to the housing market’s future. Continue reading
Palm Bay, Cape Coral and Tampa top WalletHub’s list of the best markets for first-time homebuyers. However, a closer look at the rankings shows first-timers may need to sacrifice quality of life for affordability gains. Continue reading
Mortgage lenders tightened standards for the third month in a row in May, with mortgage credit availability falling to the lowest level since January 2013. Continue reading