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Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years

Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years

by Phil Hall | May 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly one-third (30%) of Americans who do not own a home doubt that they will buy one within the next five years, according to a new Gallup poll, 23% do not believe they will achieve homeownership in the next 10 years and 45% said it would not happen for the...
Hits and Misses for the Real Estate Week of April 28-May 2

Hits and Misses for the Real Estate Week of April 28-May 2

by Phil Hall | May 2, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 28-May 2. Miss: A Dent to...
Habitat for Humanity Canada Issues Report on its Economic Impact

Habitat for Humanity Canada Issues Report on its Economic Impact

by Phil Hall | Apr 16, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Habitat for Humanity Canada has issued a new report detailing how its affordable housing creation programs have contributed to the Canadian economy. According to the organization, Habitat for Humanity Canada invested approximately $306 million in building and...
Homeownership Expenses Consume One-Third of National Average Wage

Homeownership Expenses Consume One-Third of National Average Wage

by Phil Hall | Mar 27, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Major expenses on median-priced homes currently consume 32% of the average national wage, according to the First Quarter US Home Affordability Report published by ATTOM. That share is nearly unchanged from the fourth quarter of 2024 and up by about one percentage...
Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years

Survey: Nearly Half of Renters Feel Homeownership is Out of Reach

by Phil Hall | Mar 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The transition from renting to homeownership is seen as insurmountable by nearly half of renters, according to a new survey from the nonprofit NeighborWorks America. This survey, which was conducted between Feb. 1-5 among a sample of 4,426 adults, found 48% of renters...
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