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
August 7, 2017 by
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
July 31, 2017 by
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
July 25, 2017 by
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
July 24, 2017 by
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
July 24, 2017 by
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
July 24, 2017 by
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.
Home builders confidence declines as construction costs increase
July 19, 2017 by
Home builder confidence declined in July due to concerns over construction material costs
Habitat For Humanity: Too many Americans lack safe, secure, and affordable housing
June 22, 2017 by
Most Americans and Canadians believe their governments aren’t doing enough to provide affordable housing for their populations, according to a new survey by Habitat for Humanity.
Childcare costs undermines middle-class housing aspirations
June 19, 2017 by
Upper-middle-class families are more likely than low or upper-class families to rely on their extended family for childcare, according to the Zillow Housing Aspirations Report
