Like the generation that precedes them, members of Gen Z are concerned about affordability, according to a new Point2 study, which revealed the cities and regions where the youngest Americans have the best chance of achieving homeownership.
Read More »Gen Z Homeownership Rates Stagnate; Other Cohorts Post Gains
In 2023, Redfin found that Gen Zers were tracking ahead of where their parents were at the same age, but their homeownership rates still trailed behind compared to those of previous generations.
Read More »Empty Nesters Outpace Millennial Parent Households
Empty-nest baby boomers own twice as many large U.S. homes as millennial parents living with children, a new Redfin report showed, as nearly half of all boomers are now living mortgage-free, with no motivation to sell in such a volatile market.
Read More »New Year, Same Housing Unaffordability Issues
While mortgage rates have moderated, housing market challenges such as affordability and rising home prices continue to hinder homebuyers nationwide.
Read More »Report: Mortgage Rates Remain Major Barrier to Millennial Homeownership
A new study has found that 96% of millennials cite high interest rates as impacting their homebuying plans, and 70% cite inflation as a hindrance.
Read More »Zillow Forecast: The Hottest Housing Markets of 2024
While housing affordability is expected to improve in 2024, according to a new Zillow market report, with the hottest markets across the U.S. located in cities that offer cheaper mortgage payments and more job opportunities.
Read More »Homeowners ‘Hoarding’ Limited Housing Supply, Hampering Potential Buyers
“This holiday season, homeowners are the ‘grinches,’ hoarding housing supply from willing buyers and keeping upward pressure on prices," said Mark Fleming, Chief Economist at First American. But the question remains: Will the New Year offer discouraged homebuyers more hope?
Read More »Residential Real Estate Investors Anticipate Business Growth in 2024
A recent report from New Western has found that single-family real estate investors could play a key role in solving the nation’s housing shortage by fixing up unlivable homes and putting them back on the market.
Read More »Gen Zers Outpace Millennials, Now Leading U.S. Rental Demand
Millennials outweigh Gen Zers in terms of population, but not when it comes to renter households, according to a new report from the Joint Center for Housing Studies. Daniel McCue, Senior Research Associate, reveals the future of rental housing demand and projects the number of renter households both generations will add over the next decade.
Read More »Survey Finds American Dream Still Alive Despite Inflation, Mortgage Rates
A new survey from Falls & Co. finds that Americans still have not soured on the idea of owning a home despite challenging current market conditions.
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