Survey: Buyers seek friendlier neighbors, flexible spaces and more smart home tech



Home buyers are showing more interest in being a part of a friendly, or neighborly community, a new survey has found. They’re looking for homes where their neighbors are more likely to share similar interests and where people are generally more active in the community, the survey found. The takeaways came from Bank of America’s […]

Young adults may stay home with mom and dad longer than expected



Young adults who moved back in with their parents may have been expected to move out again once the COVID-19 pandemic eases, but it’s becoming apparent that many are likely to want to stay at mom’s and dad’s even longer than that. It’s a trend that has big implications for housing. Last year it was […]

NY lawmakers want more transparency from co-ops



Lawmakers in New York are trying to push through a bill that would force co-op boards to explain why they reject potential buyers of their apartments. The bill is meant to prevent discrimination by co-ops when they make such decisions, proponents of the new law say. If the state senate bill is approved, it would […]

Questions to Ask When Renting a Room



Considerations When Renting a Room in Someone’s House Are you considering renting a room in someone’s house? You are not alone as sharing space in a home has become more popular. Owning a home can be expensive. That’s why many people are opting to rent a room in their home so they can help cut […]

People are buying golf homes again after years of declines



Home buyers are showing more interest in golf community homes again and it’s all thanks to the COVID-19 pandemic. In its 2021 Luxury Outlook report, Sotheby’s International Realty said that after five years of closures all around the U.S., golf courses are once again growing in popularity. Sotheby’s said that it saw a 26% increase […]

The pandemic has caused a surge in demand for vacation homes



The COVID-19 pandemic appears to have inspired more people to look at buying a vacation home, according to a new analysis of mortgage data by the online real estate brokerage Redfin. In its analysis, Redfin found that mortgage applications for second homes jumped by 84% in January, compared to one year ago. And in September […]

Renters’ credit scores are improving



Renters are on the whole managing to improve their credit ratings, even as many struggle to cope with the financial consequences of the coronavirus pandemic. A new analysis by RENTCafe of more than 5 million lease applications in the U.S. shows that landlords are approving new tenants with higher credit scores than in previous years. […]

25% of U.S. homeowners haven’t moved in 20 years



Around 25% of American homeowners have lived in their homes for 20 years or more, and the trend could be contributing to the shortage in housing inventory, experts say. Redfin said its latest study shows there are now more U.S. homeowners with a 20+ year tenure of living in their homes than ever before, and […]

Asians, Blacks and Hispanics to fuel new household growth



The Urban Institute has said that virtually all of the household growth in the U.S. expected over the next two decades will come from “minority households”. Its researchers said in a report last week that between 2020 and 2040, around 16.1 million new net households will be created, and the vast majority of them will […]

Agents expect more bidding wars throughout 2021



With housing inventories low and home values rising by double-digits over the past year, sellers are holding firm on the price they demand. A recent survey by the real estate agent referral firm HomeLight has found that 52% of agents believe the biggest challenge sellers will face in 2021 is the temptation to overprice their […]