In fact, according to a LendingTree analysis of U.S. Census Bureau Characteristics of new housing data, homes have shrunk slightly since 2012, but the average price per square foot has nearly doubled.
Read More »Despite Small Gains, Home Price Growth Remains Near 11-Year Low
CoreLogic economists attribute June’s small bump in price growth to an economic rebound, a boost in the jobs market, and strong consumer spending.
Read More »Ranking the States Where It Takes the Longest to Sell a Home
A new study has found that those selling a home in this sunny state are enduring the longest time to sell a home, with an average span of 65 days that homes are on the market. Click through to find out the state in question.
Read More »Looking to Save on a New Home? Look Here First
For a clearer glimpse into what first-time homebuyers are experiencing, Poin2 analyzed the number of years it would take for the average renter to save up for the upfront costs required to buy, as well as how many years it would take to cover the full cost of the first year of homeownership in the top-100 metropolitan real estate areas.
Read More »To Get Into the Housing Game, You Must Earn at Least $64,500
“Buyers searching for starter homes in today’s market are on a wild goose chase because in many parts of the country, there’s no such thing as a starter home anymore,” said Redfin Senior Economist Sheharyar Bokhari.
Read More »How Are Mortgage Rates Impacting Home Sales?
A new Zillow survey reveals that 80% of mortgage holders report having a rate of less than 5%, as over time, homeowners will come to terms with higher rates as commonplace.
Read More »Varun Krishna Joins Rocket Companies as CEO
Former EVP and General Manager of Intuit will succeed Bill Emerson as the company's CEO, bringing more than 20 years of experience building consumer platform strategies to his new role.
Read More »Survey Reveals Buyers’ Lack of Basic Homeownership Concepts
Despite the widespread aspiration for homeownership, many Americans lack the necessary knowledge of basic concepts integral to this dream.
Read More »Northeast and Midwest Pending Home Sales Rebound in June
Led by an increase in sales in the Northeast and Midwest, NAR found that pending home sales nationwide rose slightly month-over-month in June, with the market continuing to struggle with a lack of housing supply.
Read More »HUD Helps Clear the Pathway to Homeownership
The Department has announced two new initiatives geared toward building new housing units, and providing tools for preserving and improving affordable housing nationwide.
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