Millennials are the only generation showing increased interest in buying a home in the next six months, according to a new survey by Realtor.com. The survey, conducted this spring, found that 23% of millennials plan to buy a home, up from 15% in September 2024. By contrast, 69% of Americans across all generations said they […]
Mortgage rates aren’t hampering millennials’ homebuying interest Read More »
The mayoral campaign in New York City is in full swing, and candidates are aiming to inject their campaigns with hot-button topics that could resonate with voters in a closely watched election. To that end, an independent candidate is training his eye on the issue of property taxes, a sensitive one for people around the
This NYC mayoral candidate wants to make property taxes a core election issue Read More »
As many local governments continue to face challenges in bolstering their housing stock, one developer is taking action against Denver over a requirement to pay into the city’s dedicated affordable housing fund. The company, redT Homes, states that it’s the Denver area’s “only residential real estate development company […] offering a full suite of services,
Developer sues Denver over its affordable housing fund Read More »
In one of the most chaotic weeks for economic headlines of the year, mortgage rates remained relatively stable, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago. Can this stability last? Despite elevated rates, having fewer wild fluctuations on a day-to-day basis creates a healthier mortgage market
Mortgage rates unfazed by crazy economic headlines Read More »
The U.S. housing market is telling two very different stories as pandemic-era boomtowns are cooling rapidly while the Sun Belt’s long-term growth outlook remains strong, according to John Burns Research & Consulting. A surge in available homes is reshaping the market in regions that saw the fastest growth during the COVID-19 pandemic. Nationally, the number
Sun Belt holds long-term housing edge even as pandemic boomtowns struggle Read More »
In an effort to impact the housing supply crunch faced by the city of Philadelphia, municipal lawmakers have advanced legislation designed to speed the approval process for the production of affordable housing. The move, reported by Philadelphia-based NPR affiliate WHYY, represents a coordinated effort by city leadership to speed the process for developers who specifically
Philadelphia lawmakers advance ordinance to speed affordable housing construction Read More »
Following a late Wednesday night decision by the U.S. Court of International Trade to halt President Donald Trump’s sweeping tariffs on trade partners, a second federal court issued a similar decision in which it ruled that the invocation of a 1977 law does not give the president unilateral authority to impose such levies. But a
Whiplash: As second court orders halt to tariffs, appeals court keeps them in place Read More »
Prospective homebuyers are holding off on purchases, waiting for lower prices and mortgage rates despite the rising costs of homeownership, according to the 2025 Bank of America Homebuyer Insights Report. Further analysis of the report, conducted by the Bank of America Institute, shows that three in four respondents expect home prices and interest rates to
Potential homebuyers are waiting for prices to fall Read More »
In the halls of U.S. democracy, bipartisanship is a difficult concept. But some topics seem more likely to warrant collaboration between Republicans and Democrats, especially when it comes to housing or housing-adjacent issues. One such issue is natural disasters, including wildfires. Two senators with different bases of support are uniting in their efforts to fight
Bipartisan Senate duo finds common ground on fighting wildfires Read More »
Experienced auction buyers expect to buy more this year, but at lower prices. Meanwhile auction sellers are expecting more foreclosures with less equity. Despite the tariff-triggered uncertainty hovering over the economy in recent months — or possibly because of it — experienced buyers of distressed properties at auction have remained remarkably optimistic about their property
Meet the Warren Buffets of the 2025 housing market Read More »