Economists, homeowners and agents broke down the alarming but true cost of buying property in 2023, telling Intel that rising rates and home prices are only the start for wallet-stretched buyers. Continue reading
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
Cost-of-living, cramped quarters and even politics are all top of mind for people considering a move in the coming years, a new Harris Poll reveals. Continue reading
Homes in white neighborhoods are valued twice as high as those in communities of color, even in places with otherwise similar housing stock, according to a study out this week. Continue reading
More than two years after moving in with their parents, many millennials and Gen Zers have yet to leave, according to a new report. Those still in the coop use their time to pay down debt and save for homeownership. Continue reading
Homeownership is 31 percent more expensive than renting, nationally. With demand shifting and the market for home purchases cooling, homebuilders now court investors, a report notes. Continue reading
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
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
Former Atlanta mayor Keisha Lance Bottoms and former Trump adviser Ja’Ron Smith shared how discrimination hurts the economy as NAR unveiled its goal to add 3 million Black homeowners by 2030. Continue reading
What President Biden’s infrastructure bill didn’t address is affordable housing. ‘Housing is a necessity,’ says broker-owner Teresa Boardman. Here’s why she says we all need to start treating it accordingly. Continue reading