First-time homebuyers and the bank of mom and dad
Clare Losey First-time homebuyers generally lack the money to make large down payments on a home. According to the Survey of Consumer Finances, the median net worth of renters measured $6,300 in 2019. Meanwhile, U.S. Census Bureau data indicate that nearly half of all renters in the U.S. were younger than 30; an additional quarter were 30-44 years […]
Three housing market signals worth watching
Clare LoseyHousing markets give off clues signifying where they may be headed, so real estate professionals need to pay attention to them, particularly during periods of persistent fluctuation, transition, or uncertainty. Here are three indicators that are especially worth watching over the coming months. High Home Price AppreciationIt’s hardly a secret that home prices have […]
