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Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home

Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home

by Phil Hall | Apr 2, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

According to a new data report that will not be welcome by those seeking to buy existing homes, more than three-quarters (78%) of older homeowners plan to stay in their current home as they age. A new survey of 3,000 homeowners and renters by Redfin (NASDAQ: RDFN),...
Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home

Homeowners Staying Longer in Their Houses

by Phil Hall | Feb 14, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Prospective buyers in the market for an existing home are finding themselves in an environment where more homeowners are not eager to move out. The typical U.S. homeowner has spent 11.9 years in their home, up from 6.5 years two decades ago, according to new data from...
Gannett Teams with Home Solutions on Media Endeavor Aimed at Homeowners

Gannett Teams with Home Solutions on Media Endeavor Aimed at Homeowners

by Phil Hall | Nov 13, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The media giant Gannett Co. Inc. (NYSE: GCI) and its flagship newspaper USA Today have announced a multi-year strategic partnership with Home Solutions, a digital media company aimed at providing vendor services to homeowners. The partnership will launch before the...
Q1 Homeowners See First Annual Home Equity Losses Since 2012

Q1 Homeowners See First Annual Home Equity Losses Since 2012

by Phil Hall | Jun 8, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. homeowners with mortgages saw their home equity decline by 0.7% year-over-year during the first quarter of the year, according to new data from CoreLogic. This represented a collective loss of $108.4 billion and an average loss of $5,400 per borrower from one...
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