Renters feel less connected to their neighbors than homeowners

Renters are more likely than homeowners to feel disconnected from their neighbors, according to a Redfin-commissioned survey of 894 renters and 805 homeowners aged 18 to 65. Continue reading

Home equity an underutilized key to retirement readiness, Point says

A new analysis from home equity financial platform Point reveals that many homeowners overlook equity as a valuable financial resource — despite it being a significant part of their net worth. Continue reading

North Dakota voters reject plan to eliminate property taxes

State officials estimated that Measure 4 would cost North Dakota $3.15 billion in lost revenue over two years. Realtor.com Chief Economist Danielle Hale cautioned that while North Dakota’s property tax system might benefit from reform, eliminating it e… Continue reading

The 2024 ballot measures that stand to impact homeowners

Across 10 states, ballot measures ask voters to weigh in on changes to property taxes, veterans benefits and more. One even considers whether or not to abolish property taxes altogether. Continue reading

Here’s how to talk with sellers now about buyers and commissions

The easiest way to stay on the right side of the current legal and regulatory changes is to subscribe to them in both letter and spirit, team leader Carl Medford writes. Continue reading

US homebuyer down payments reach new record, outpace prices

According to Redfin, the typical U.S. homebuyer’s down payment hit the highest level in over a decade, at 18.6 percent of the purchase price in June, up from 15 percent the previous year. Continue reading

35% of Americans hope the housing market will crash in 2024

Financial site LendingTree’s latest consumer survey revealed 35 percent of Americans hope the market will crash in the next 12 months. Why? They believe an economic downturn will lower mortgage rates and home prices. Continue reading

Here’s what you can do to mitigate the ‘lock-in effect’ for clients

Splitero CEO Michael Gifford explains how rising interest rates and limited housing inventory are intensifying the real estate “lock-in effect,” leaving homeowners feeling trapped in their current properties. However increased home equity could offer s… Continue reading

There’s a ‘magic number’ that moves homes. Will we ever hit it?

Homebuyers have been holding out for a 5.5 percent rate, Maegan Sherlock told Intel. It may take a while for them to adjust their expectations. Continue reading