Why Are Younger Americans Buying Fewer Homes?
Tuesday, July 03
In recent years, there's been a lot of discussion about millennial home buying preferences. Mostly, this is due to the fact that first-time home buyers have historically made up about 40 percent of the home sales in any given year. And, because they account for a large number of the homes sold ea...
The Rising Cost Of Renting A Home
Monday, July 02
When debating whether to rent or buy your next place, the argument in favor of renting usually includes the fact that it'll be cheaper – especially since you don't have to pay for closing costs or save for a down payment. However, renting a place isn't all that cheap these days and, depending on ...
Sales Trail Hot Summer Housing Market
Sunday, July 01
The National Association Of Realtors' most recent Pending Home Sales Index shows that the hot summer housing market has not deterred hopeful home buyers from looking for a house to buy. But though there is a high level of demand from buyers, supply issues continue to hold back sales numbers. In f...
Homeowners See Big Gains On Home Sales
Saturday, June 30
Home prices have been climbing for the past few years. And while that has presented affordability challenges for buyers in some markets, it's also produced big gains for homeowners who've sold a home recently. Take, for example, new estimates showing that, nationally, the typical home seller, aft...
How A Sellers' Market Could Be Good For Buyers
Monday, June 25
The housing market is about supply and demand. When there are a lot of buyers and too few homes, prices and competition rise, making it a good time for homeowners who want to sell. When there are more homes than buyers, prices fall and bargains abound. In short, the market will usually favor eith...
Typical Property Took 26 Days To Sell In May
Friday, June 22
Available homes continue to sell quickly with the typical property going under contract in less than a month, according to new numbers from the National Association of Realtors. The newly released data shows the average property sold in 26 days, which was unchanged from the month before. Lawrence...