Gen Z flunks homeownership test — but other age groups not far behind

Fewer members of Generation Z said they were “handy” than older groups did in a recent poll, with Generation X tallying the highest scores in a survey of 1,049 people conducted by CraftJack. Continue reading

Home affordability hits 15-year low, passing ‘inflection point’ for buyers

An increasingly unaffordable home market is affecting homebuyer decisions and altering forecasts for price growth in the months to come, according to a new forecast by Zillow. Continue reading

The seller’s iron grip loosens as bidding wars ease, price cuts rise

The slowing demand for homes is affecting the balance of power between buyers and sellers, according to two new reports from Redfin. Continue reading

Newlywed Britney Spears secures $11.8M California mansion

Shortly after Britney Spears’ wedding last week, the pop icon’s car was seen parked with moving trucks at a recently sold mansion outside LA. Continue reading

Rise, fall, repeat: The biggest housing surprises of 2022  (so far)

Heading into 2022, forecasters at Realtor.com set expectations for where the home market would go. Halfway in, they’re taking a second look. Continue reading

Buyers of new homes spend double on 1st-year improvements: Analysis

Hidden costs loom large for buyers in the first year of homeownership, and, surprisingly, that can be even more true with a new build, according to the National Association of Homebuilders. Continue reading

Sales declines, price drops and the return of buyer incentives: Oh my!

It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have climbed, according to a new survey. Continue reading

What are the odds of a housing bubble? 114 experts weigh in

More than 100 housing experts surveyed by Zillow generally agreed that housing prices won’t face a big downturn. But a mild recession may be in play later this year or in 2023, they believe. Continue reading

Real estate agents received billions in PPP loans during the pandemic

More than $3.9 billion in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80 percent of that amount was forgiven. Continue reading