Residential

Paying Rent Still a Problem for 24% of Renters

Published by FOX Business | January 9, 2024 The total share of Americans who rent is 36%, according to the survey Some renters are having difficulty paying their rent. About 24% of American renters are experiencing rent affordability issues amid high rent prices and other factors, according to a survey put out Monday by Intuit Credit Karma. …

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Apartment Rent Relief Is Expected To Continue in 2024

Published by REALTOR.com | January 2, 2024 Relief for tenants has come from a surge in new supply that has pushed vacancy higher, making it harder for landlords to raise prices. The apartment rental market finally stopped clobbering tenants with big price increases in 2023. That trend will likely continue in the new year, even …

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Is The American Dream Dead? Gen Z Balking at Homeownership

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, …

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Latest Home Sales Data Offers Hope: Is America’s Housing Market Finally Looking Up?

Published by REALTOR.com | December 21, 2023 Has the housing market finally turned a corner to end the year looking merry and bright? A new report from the National Association of Realtors® has found that after five straight months of declines, sales of existing homes ticked up by 0.8% in November compared with the previous month, to a seasonally …

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Average Monthly Mortgage Payment Explodes to $3,322 In Biden’s America

Published by Breitbart News | December 11, 2023 The average monthly mortgage payment in Joe Biden’s America has soared to $3,322, per analysis from the Wall Street Journal. That $3,322 is nearly double the average monthly mortgage payment when His Fraudulency assumed office. When former President Trump left office, the average monthly mortgage payment was …

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Inflation Fears Explain A Seeming Housing Market Mystery

Published by Forbes.com | November 27, 2023 The cost of housing has continued to rise, diving down affordability for the average American. Yet homebuying has held up. Inflation fears explain why. Housing has become increasingly expensive. According to the National Association of Realtors, mortgage rates on average have risen by more than a full percentage point over …

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These Housing Markets Are Expected to See Double Digit Sales Growth in 2024

Published by FOX Business | December 4, 2023 U.S. housing markets that saw the biggest sales declines in 2023 are projected to achieve double-digit sales growth in the new year, according to data from Realtor.com. Industry economists with the real estate listings website determined the top 10 housing markets that are expected to fare well …

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The Magic Number: What Mortgage Rates Would Get Buyers and Sellers Excited To Move?

Published by REALTOR.com | November 29, 2023 The double whammy of persistently high mortgage rates and pricey homes has paralyzed the housing market, pushing buyers to the sidelines. Lately, the universe has hit the pause button on the housing market. The double whammy of persistently high mortgage rates and pricey homes has paralyzed the housing market, pushing buyers …

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