Why Do People Retire to Florida? 9 Things You Must Know Attention Florida-bound retirees: There's more to the Sunshine State than Disney, golf and beaches. Kiplinger · Jul 2, 2024
Homeowners are sitting on a record amount of equity, driving a shift toward more expensive homes, top economist says “They are able to navigate these higher prices without as much of a ramification,” Realtor.com’s chief economist recently said. Fortune · Jul 1, 2024
Home prices just broke another all-time high. But things might be changing as price inflation slows For the first time in close to a year, the pace of annual home price inflation dipped. Still, home prices and mortgage rates are considerably higher than before the pandemic. Fortune · Jun 26, 2024
Real estate CEO says pandemic boomtowns in Florida and Texas are overvalued—and in some cases, are crashing “These pandemic boomtowns, they just got way too expensive over the last two or three years,” chief executive of Reventure Consulting and Reventure App said. Fortune · Jun 25, 2024
Luxury Homes: High-End Amenities Rich Buyers Are Snagging Luxury homes sought by the richest buyers offer eye-catching amenities and high-end décor. Double vanities, kitchen islands and heated floors are among the most sought-after details by the wealthiest homebuyers. Kiplinger · Jun 19, 2024
Home prices are rising at their slowest pace in more than a year, and mortgage rates could drop soon, setting up a showdown between buyers and sellers “A drop in mortgage rates would bring both buyers and sellers back to the market, which could either accelerate price growth or pull it back,” a Redfin economist said. Fortune · Jun 18, 2024
After sitting on the sidelines for months, sellers finally want to offload their houses, but no one’s buying “Home sellers are returning to the market but finding buyers hesitating,” Zillow’s chief economist wrote in a monthly housing report. Fortune · Jun 13, 2024
The hot metros of the pandemic are crashing back to earth as demand for their homes cools Housing markets in Texas and Florida were once all the rage, so their home prices and rents soared, but now they’re falling in this very different economic environment. Fortune · Jun 12, 2024
America is a tale of two rental markets, data reveals—here are the regions where rents are climbing and falling the most The country’s median asking rent hit its highest point in almost two years, but there’s plenty of variation nationwide. Fortune · Jun 11, 2024
Where "seriously underwater" mortgages are on the rise Location matters. Seriously underwater mortgages are most common in the Midwest and South where underwater mortgages exceed 40-80% in some zip codes, per ATTOM. Axios · Jun 10, 2024
Real estate billionaire Barry Sternlicht says rents will rise in two years—and it’s Jerome Powell’s fault “This is my problem with Powell,” Sternlicht said. “His policy has now crushed multifamily starts; we need houses.” Fortune · Jun 6, 2024
Young voters’ top concern isn’t abortion—they care more about finding an affordable place to live, a new survey shows The cost of starter homes has risen twice as fast as incomes, a Redfin economist said. Fortune · Jun 4, 2024
National home prices just broke another record for the 9th time in 12 months “We’ve witnessed records repeatedly break in both stock and housing markets over the past year,” one analyst said. Fortune · May 28, 2024
Housing hit ‘rock bottom’ this year, but a top real estate CEO sees improvement over the next several months Weekly mortgage rates just fell below 7%, a “milestone” in the housing world, according to Redfin’s Glenn Kelman. Fortune · May 23, 2024
Latin Times · May 20, 2024 Florida and Texas are the most buyer-friendly states to get a home In contrast, Buffalo, the Bay Area and the Northeast rank among the best areas for sellers, according to a study from Zillow
Axios · May 13, 2024 Why more people are buying homes in cash Rich people are able to adapt to this pricey market much more easily than buyers with mortgages.
Kiplinger · Apr 30, 2024 Why Luxury Home Sales Are at an All-Time High The average price of a luxury home in the U.S. sold for a record $1.18 million in the second quarter of 2024, up 8.8% from a year earlier, Redfin shows.
Latin Times · Apr 26, 2024 Cost of buying a house is the highest in at least a decade, Redfin says This is a result of the combination of rising mortgage rates and home prices
Kiplinger · Apr 24, 2024 One-Third of Parents Are Paying An Adult Child's House Down Payment? Are You? As housing costs soar, Gen Z and Millennial home buyers are turning to family for help with down payments.
WEKU · Apr 18, 2024 Many baby boomers own homes that are too big. Can they be enticed to sell them? Lots of older Americans say they'd love to downsize, but it doesn't make financial sense. The housing roadblock has left some would-be buyers stuck. We asked experts what policies could change that.
Latin Times · Apr 10, 2024 One in Four Latinos Forced to Sell Belongings to Afford Housing, Study Finds Less than half of Latinos in the U.S. say they can easily afford their housing payments, leaving them needing to make sacrifices in their daily lives
Latin Times · Apr 2, 2024 Despite Rising Latino Homeownership Rates, National House Affordability Issues Persist The average income that Americans must make has sharply increased in the past four years. However, Latino homeownership rate remains at an all-time high.
International Business Times UK · Apr 1, 2024 A Third of Young Americans Plan On Using 'Bank of Mom and Dad' for House Down Payments Nearly half of Americans believe that they are unlikely to purchase a house anytime soon because of the ever-increasing costs.
Fortune · Mar 26, 2024 The housing market is so unaffordable that buyers need to make $30,000 more than they currently do to buy a home But that’s an improvement from last year when they needed to close a more than $40,000 shortfall, according to a new Redfin analysis.
Barchart · Mar 16, 2024 2 Small-Cap Stocks Insiders Are Buying This Month Top company insiders have been buying shares of these two Russell 2000 Index components. Here's what investors need to know about these two stocks under $20.