Source: Forbes — The cost of a home is at an all-time high in the United States. According to the National Association of REALTORS®, the median home price increased by 15% from last year. But how exactly is this housing market impacting millennials and Gen-Z?...
Source: Fox Business — Confidence among builders in the U.S. housing market plunged more than expected in September to the lowest level since the beginning of the COVID-19 pandemic as painfully high inflation and rising borrowing costs forced potential buyers...
Source: Bloomberg — Company lost money on 42% of its August resales after it failed to anticipate slide in housing demand. The US housing market’s sharp downturn has been bad for builders, flippers and almost anyone who had plans to sell a home when rising...
Source: NY Post — The US housing market is in the midst of a “deep recession” that could put pressure on the Federal Reserve to ease up on interest rate hikes, a prominent economist warned on Monday. Homebuilder confidence declined for the ninth straight month...
Source: AFRO.com — Millennial buyers are the primary driver of Black homeownership in the U.S. Housing market right now. Many are leaving rental life behind to purchase their first home or investment property in pursuit of having equity and building wealth....
Source: Fox17 — If you’re in the market to find a new house, higher interest rates and prices may have you concerned. MSUFCU Chief Marketing Officer, Deidre Davis, talks about why it’s still a great time to buy a home and how you can prepare. According to...