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[Generational Study] Who Can Afford the Median Home in the 100 Largest U.S. Counties?

[Generational Study] Who Can Afford the Median Home in the 100 Largest U.S. Counties?

by Third Party | Mar 28, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Point 2 Homes —  Making resolutions and manifesting a better future is all the rage around this time of year. However, the goal of becoming a homeowner is more about cold, hard, financial facts than the ability to channel the universe’s benevolent...
First-time Homebuyers in U.S. Expected to Rebound in 2024

First-time Homebuyers in U.S. Expected to Rebound in 2024

by Third Party | Mar 28, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: World Property Journal —  Based on new industry polling data by Zillow, the U.S. housing market is expected to return to pre-pandemic, 2019 norms — at least in terms of inventory and the share of purchases made by first-time homebuyers by 2024. The...
Study: 61% of renters priced out of monthly mortgage payments in their metro area

Study: 61% of renters priced out of monthly mortgage payments in their metro area

by Third Party | Mar 28, 2022 | News/Current Events, Real Estate News

Source: Scotsman Guide —  A recent study from Porch has revealed that 61% of renters in the largest U.S. cities can’t afford to buy a home where they live. When comparing median home prices in 260 metro areas to the income levels of renters who live there, the...
Climbing the digital property ladder: Helping real estate brands move with the times

Climbing the digital property ladder: Helping real estate brands move with the times

by Third Party | Mar 27, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Marketing Week —  A friend recently told me: “I’m only looking for flats in this postcode, because you can get Deliveroo.” This tongue-in-cheek comment holds more than a grain of truth. The pandemic has fundamentally changed people’s attitude towards...
Here’s How Redfin Agents Are Helping Homebuyers Win Bidding Wars in the Most Competitive Market in History

Here’s How Redfin Agents Are Helping Homebuyers Win Bidding Wars in the Most Competitive Market in History

by Third Party | Mar 27, 2022 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Redfin —  Nine out of 10 Redfin agents say this is the most competitive real estate market they’ve ever seen or close to it, according to a March survey of 326 Redfin agents. Supply is at a record low and buyers are competing fiercely for the homes that...
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