Millennials delaying first home purchase by 7 years due to student debts



The burden of student debt means that young adults are being forced to delay their first home purchase by an average of seven years

Houston real estate bounces back after Hurricane Harvey flooding



The catastrophic flooding that came after Hurricane Harvey made landfall in Houston,Texas hasn’t deterred buyers from snapping up real estate in the city.

U.S. is now home to 1,280 “$1 million neighborhoods”, Zillow says



The number of $1 million neighborhoods in the U.S. is growing fast. In the last three years, exactly 346 neighborhoods grew to meet Zillow’s definition of the term, which stipulates that at least ten percent of its homes are worth seven figures or more. Zillow analyzed residential ZIP codes across the country, looking for places […]

Baby Boomers blamed for housing inventory shortage in new survey



The inventory of homes for sale has fallen to its lowest level in almost twenty years, and now a new survey from Realtor.com suggests is placing the blame for this on baby boomers and homeowners that just don’t want to sell.

Rural residents can’t afford to move to the city, study finds



Rural Americans are increasingly staying put. The finding was the highlight of a University of Chicago study that found the overall mobility of the U.S. population has fallen to its lowest level, and by almost half since its peak in 1985.

Trulia analysis reveals low inventory causes ‘hurried’ homebuying



Trulia has published the findings of its latest Inventory and Price Watch index, finding that falling inventory is strongly correlated with how long homes stay on the market.

Buyers increasingly opt for an “extreme commute” for more affordable housing



A growing number of buyers are willing to endure an “extreme commute” to work so they can buy a better home

NAR backs greater protections for homeowners in new flood insurance bill



The National Association of Realtors last week indicated it would support lawmakers in their bid to introduce new flood insurance legislation that would ensure some protection for homeowners against rate increases in the event a flood map changes.

U.S. now has more renters than at any point since 1965



A higher proportion of American households are renting their homes than at any time since 1965, according to a new report from the Pew Research Center based on Census Bureau data.

Median home price in U.S. top $200,000 for the 1st time in history



The average price of a U.S. home is now worth more than $200,000 for the first time ever, according to new data from Zillow.

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