Home Buying

For first-time homebuyers, 2023 has proven to be a good year for frugal measures and looking for ways to make buying a first home more affordable. With mortgage rates going down and the average cost of houses in the USA declining for the seventh straight month by January of this year, 2023 is working in…

Suppose your ideal vacations involve a tremendous amount of sun, sand, and waves. In that case, you might be contemplating renting a beach house or purchasing one, especially if you have a favorite waterfront vacation spot. Owning a beach house allows you to simplify your getaways; you don’t have to live out of your suitcase…

Homeownership is a common goal for millions of Americans, but a number of social and economic factors can affect peoples’ ability to reach that milestone. From income to educational attainment to racial and ethnic background, there are significant gaps in homeownership rates between different demographic groups in the U.S. And family structure and gender are…

Despite many economic experts’ worst fears early in the COVID-19 pandemic, state and local government budgets have proven resilient over the last two years. With much of the economy shut down or hobbled as a result of the pandemic, forecasters initially worried that states and localities would collect substantially lower amounts of sales and income…

As technology grows in the real estate industry, innovative technologies are rising to help home buyers and sellers to make the process much easier and more efficient and direct digital engagement.  Proptech (Property Technology) is having a major impact on the real estate market as it is used to manage and improve real estate transactions…

Unprecedented growth in home prices over the last two years and recent increases in mortgage interest rates are pricing many would-be buyers out of the residential real estate market. One of the groups most disadvantaged by these market challenges is young homebuyers like those in Gen Z, the population of Americans born between 1997 and…

Buying a flipped home may seem daunting, but our easy guide makes it surprisingly simple.

Monthly rental costs have risen in the US from $1,054 in 2017 to $1,322 in 2021. Many young people are not purchasing homes at the age that would have been normal for older generations, leading to a booming rental market.  The main reasons that non-homeowners don’t currently own are not having enough money saved for…

Worries about inflation have been the biggest economic story of recent months. Month-over-month and year-over-year price increases have been at historic highs through much of 2021 and into 2022, with categories like energy and vehicles seeing increases of more than 40% since the beginning of 2021. A number of factors explain the recent nationwide trends…