home buyers

A new research from the Center for Retirement Research at Boston College pointed to a financial hit for homeowners who wait until their 70s or later to sell, with older sellers tending to accept lower prices than younger peers. That age-related discount is landing in a market already shifting...

Newly built homes in the U.S. have shrunk to their smallest average size in two decades as buyers pay more for less space, pinched by higher mortgage rates and fading affordability, new analyses show. Average Home Size Falls As Prices, Rates Bite The average new single-family home sold in 2024...

The U.S. housing market faced a prolonged period of disequilibrium following interest rate hikes. While mortgage rates are poised to continue their fall, experts say homebuyers should capitalize now. The Data: Redfin released a report on Tuesday following a weak July jobs report that sent mortgage...

As the housing market in the U.S. continues its remarkable ascent, the landscape of home buying is seeing a significant shift in down payment trends.  What Happened: According to a study by Realtor.com, the overall percentage of down payments decreased in 2023 compared to the...

Existing home sales in the U.S. rose in June and received a strong boost from first-time buyers. According to the National Association of Realtors, existing home sales rose 1.1 percent in June to a seasonally adjusted annual rate of 5.57 million. Sales are now higher by 3 percent compared to...

The financial crisis of 2007–2008 isn't necessarily a distant memory in many people's minds. It is, however, a long enough period for credit reports to purge negative entries for more than half a million potential home buyers. Bloomberg, citing data from the Federal Reserve Bank of New York,...

A house will be the largest purchase that many Americans make in their lifetime. Unfortunately, for the majority of the country, that purchase is getting more and more expensive. A new report by RealtyTrac found that home prices have been rising at a higher rate than wages in nearly two-thirds...