Published by REALTOR.com | October 27, 2024 With the salary needed to afford a home more than doubling since the COVID-19 pandemic, the dream of owning a home has become harder for the average American. A townhouse—defined as a home where at least two floors share a wall with another home—might lack the space and …
Published by REALTOR.com | October 25, 2024 The number of homes for sale for each renter household in the U.S. remains near record lows, highlighting the supply crunch that first-time buyers face in the current housing market. Currently, there are about 30 renter households for each available home for sale, up from less than 10 …
There Are Now 30 Renters for Every Home for Sale in the U.S. Read More »
Published by Forbes.com | May 15, 2024 Housing affordability issues continue to make homeownership more of a dream than a reality for many people. Housing affordability issues continue to make homeownership more of a dream than a reality for many people. But those who can’t afford to buy a house are finding that renting is …
Renters Fear Missing Out On Homeownership — Except One Group Read More »
Published by FOX Business | December 28, 2023 64% of Americans are homeowners, a rate lower than that of China and Brazil Gen Z no longer sees homeownership as an aspiration and is increasingly balking at mortgages to rent in luxury amenity-filled apartments instead. Young Americans have taken to social media apps like TikTok in recent months, …
Is The American Dream Dead? Gen Z Balking at Homeownership Read More »
Published by FOX Business | December 26, 2023 Tax brackets to shift higher by 5.4% in 2024 Higher federal income tax brackets and standard deductions will take effect at the beginning of January, potentially giving Americans a chance to increase their take-home pay in 2024 and shield more of their income from the IRS. The …
Published by FOX Business | July 14, 2023 Economist warns ‘the bulk of the drop in home prices is yet to come’ The U.S. housing market has defied expectations for a crash so far this year, but a steep decline in home prices could be right around the corner, according to a new analyst note …
Economist: U.S. Home Prices Still Face A ‘Steep and Sustained’ Decline This Year Read More »
Published by FOX Business | May 22, 2023 Housing market recession could bleed into broader economy, Fannie Mae warns The U.S. housing market is slowly stirring back to life after entering a deep freeze in mid-2022, but the worst may not be over for the sector just yet. Fannie Mae economists predicted in a revised forecast …
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