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Study: Home Down Payment Averages Nearly $85,000

Study: Home Down Payment Averages Nearly $85,000

by Phil Hall | Oct 24, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A down payment on a home across the nation’s 50 largest metros averages $84,499, according to a new study from LendingTree (NASDAQ:TREE). This sum is slightly lower than the average of $84,983 recorded one year earlier. LendingTree noted that none of the 50 largest...
Homebuyers Increasingly Tap Into the Bank of Mom and Dad

Homebuyers Increasingly Tap Into the Bank of Mom and Dad

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

Today’s homebuyers are receiving more than a little help from their families in their pursuit of the American Dream of homeownership. A new survey of 2,000 adults by LendingTree (NASDASQ:TREE) found nearly two in five homeowners (39%) have received down payment...
Nearly 5.5 Million Homes Are Vacant Across the Largest Metro Areas

Nearly 5.5 Million Homes Are Vacant Across the Largest Metro Areas

by Phil Hall | Oct 4, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While housing inventory remains close to historic lows, nearly 5.5 million homes across the nation’s largest metro areas remain vacant, according to new data published by LendingTree (NASDAQ:TREE). The average vacancy rate across the 50 largest U.S. metros is 7.22%....
A Phil Hall Op-Ed: Existing Home Sales in 2024? Fuggedaboutit!

A Phil Hall Op-Ed: Existing Home Sales in 2024? Fuggedaboutit!

by Phil Hall | Sep 18, 2023 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: The good folks at LendingTree (NASDAQ:TREE) released a survey of homeowners regarding their ongoing or planned renovation projects for their residences. If these results are any indication, the decline of existing home sales that defined this year...
Salt Lake City is the Most Popular Metro with Gen Z Homebuyers

Salt Lake City is the Most Popular Metro with Gen Z Homebuyers

by Phil Hall | Jun 7, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Although the Gen Z demographic of adults between 18 and 25 only accounts for an average of 14.91% of potential homebuyers in the nation’s 50 largest metros, there are some markets where these youthful house hunters are on the prowl and others where they are at...
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