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Most Gen Z Adults Prioritize Pets Over Family in Housing Needs

Most Gen Z Adults Prioritize Pets Over Family in Housing Needs

by Phil Hall | Apr 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new Zillow Group (NASDAQ: Z, ZG) survey published in conjunction with today’s National Pet Day found the majority of Gen Z adults are more concerned on their pets’ well-being within their home versus the needs of their human co-inhabitants. The Gen Z...
Survey Finds Steady Optimism Among First-Time Homebuyers

Survey Finds Steady Optimism Among First-Time Homebuyers

by Phil Hall | Apr 11, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Despite continued burdens created by inflation and mortgage rates that are still on the high side, many first-time homebuyers are more confident about their financial health and their ability to acquire residential property. According to TD Bank’s (NYSE: TD) newly...
Study: 1 in 3 Homebuyers Unaware of Affordable Home Lending Offerings

Study: 1 in 3 Homebuyers Unaware of Affordable Home Lending Offerings

by Phil Hall | Apr 11, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cleveland-headquartered KeyBank (NYSE: KEY) has debuted its Fair Housing Month poll, which surveyed 1,000 homeowners in households earning less than $75,000 annually regarding their homebuying and lending experiences. The inaugural poll found that nearly one-third...
Vacation Home Demand Sinks in Post-Pandemic Market

Vacation Home Demand Sinks in Post-Pandemic Market

by Phil Hall | Apr 10, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Demand for vacation homes plummeted by 52% from pre-pandemic levels in March, according to new data from Redfin (NASDAQ:RDFN). In comparison, the demand for primary homes were down by only 13%. Redfin noted that second-home rate locks were at their lowest level since...
Defense Dept. Faulted on Oversight of Private Companies Operating Military Housing

Defense Dept. Faulted on Oversight of Private Companies Operating Military Housing

by Phil Hall | Apr 10, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Government Accountability Office (GAO) has called on the U.S. Department of Defense (DOD) to strengthen its oversight of the private-sector companies that own and operate residential properties at U.S. military installations. “Private companies own and...
Fannie Mae Home Purchase Sentiment Index Inches Up Slightly

Fannie Mae Home Purchase Sentiment Index Inches Up Slightly

by Phil Hall | Apr 10, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) recorded a 3.3-point uptick from February to March to 61.3, but still remained only slightly above its all-time low set from late last year. Year-over-year, the full index is down by 11.9 points. Fannie...
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