With listings still in short supply, homebuyers are “dealing with an affordability shock” and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY. Continue reading
This spring won’t be easy for homebuyers and their agents, but history is full of examples in which the supply of homes went down, but sales kept chugging along, according to an Inman analysis. Continue reading
These groups make up the majority of vacation rental homebuyers at a composition of 51 percent, according to vacation rental management platform Vacasa’s latest report. Continue reading
Baby boomers made gains over first-time homebuyers in the decade before the pandemic, growing to 24 percent of recent home purchases in 2019, according to a new analysis from Zillow. Continue reading
It’s not just massive college debt and current market conditions keeping millennials out of buying new homes, according to a new study. Continue reading