Only 4.5% of today’s Gen Z demographic are homeowners, compared with 73.1% of baby boomers. According to a new data study from Clever Real Estate, the 68.6% difference marks the largest generational homeownership gap ever recorded. The new study observed that while...
The typical down payment during the first quarter was $23,400, a 19% decline from one year before. According to new data from Realtor.com, this marked the fourth consecutive quarterly decline in down payments and the lowest level since 2021. And while it was above the...
Mortgage applications for new home purchases during April were down by 2.4% from one year earlier and were also down by 10% from the previous month. According to data from the Mortgage Bankers Association (MBA) Builder Application Survey, new single-family home sales...
Iowa Gov. Kim Reynolds signed a property tax relief bill into law in a ceremony on Monday. According to Iowa Public Radio, the new law creates a 2% cap on city and county general revenue growth, with an exception for new construction. The new revenue cap does not...
Warehouse One Clothing Ltd., the Canadian specialty fashion retailer, has begun store closing sales at all 128 locations of its Warehouse One and Bootlegger branded locations. On May 7, the financially struggling, Winnipeg-headquartered company announced that was...