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Survey Finds High Housing Costs Eroding Americans’ Confidence in Economy

Survey Finds High Housing Costs Eroding Americans’ Confidence in Economy

by Phil Hall | Jun 6, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new national poll commissioned by Nationwide found more than three-quarters of respondents (78%) rating the economy as poor or fair, with half of the respondents citing high housing costs for their pessimism. Nearly two-thirds (64%) of the respondents in...
Rising Housing Prices Force Adult Kids to Move Back with Parents

Rising Housing Prices Force Adult Kids to Move Back with Parents

by Phil Hall | May 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half of homeowners whose adult children moved out have seen them move back in, according to the 2024 Boomerang Kids Survey published by Thrivent. In an April survey of 2,201 adults, 46% of parents said their adult children returned home to live with them at...
Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today

Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today

by Phil Hall | Apr 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly two out of five homeowners (38%) said they could not afford to buy their own home if they were purchasing it today, according to a new report from Redfin (NASDAQ: RDFN). In a February survey of nearly 3,000 U.S. residents, 59% of homeowners who answered...
Sen. Fetterman: ‘Squatters Have No Rights’

Sen. Fetterman: ‘Squatters Have No Rights’

by Phil Hall | Apr 8, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania Sen. John Fetterman became the most prominent Democratic lawmaker to openly oppose the concept of “squatter’s rights.” In a weekend interview with the New York Post, Fetterman acknowledged dealing with squatters when he served as mayor of Braddock,...
Survey: Half of Homeowners and Rents Struggle with Housing Payments

Survey: Half of Homeowners and Rents Struggle with Housing Payments

by Phil Hall | Apr 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Half of U.S. homeowners and renters (49.9%) continue to struggle to afford their housing payments, according to a new survey by Redfin (NASDAQ: RDFN). The nationwide survey polled approximately 3,000 homeowners and renters in February, with most of the data being...
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