The homeownership rates of Gen Z and millennials plateaued in 2024, according to a new data report from Redfin (NASDAQ: RDFN). A little more than one-quarter (26.1%) of Gen Zers were homeowners in 2024, essentially unchanged from 2023 (26.3%) and 2022 (26.2%). Before...
The typical American homeowner stays in their house for 11.8 years, according to a new data report published by Redfin (NASDAQ: RDFN). Among the major metro areas, Los Angeles led the nation with homeowners holding onto their houses the longest – a median tenure of...
A Phil Hall Op-Ed: Scott Turner has only been the Secretary of Housing and Urban Development (HUD) for two weeks and his first two major announcements for the department involved stopping enforcement of the Biden-era gender identity rule that allowed individuals to...
PennyMac Financial Services Inc. (NYSE: PFSI) has debuted “Bring It Home,” a new video series where PennyMac home loan experts offer insights on the homeownership journey. According to the company, the new video series will be hosted on PennyMac’s website and YouTube...
Houston-headquartered Cornerstone Capital Bank has debuted a Community Lending Division with the goal of expanding homeownership opportunities for underserved communities across the nation. The new division will be based in Arlington, Texas, and the bank stated it...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
