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Tough Questions Arise Out of An Unprecedented Affordability Crisis

By Phil Butler | June 22, 2021
Blackstone Real Estate just acquired affordability innovators Home Partners of America for $6 billion. Here's why this is big news.
US Real Estate

More renters can afford to buy a home, NAR says

By Mike Wheatley | December 8, 2020
The National Association of Realtors says the number of renters who’re in a position to buy their first home has increased in the last two years. However, it says homeownership remains difficult for many to attain due to the need for a large down payment. In its latest Economists’ Outlook blog post, the NAR said […]
Home Buying, US Real Estate

NAR throws its weight behind "Pandemic savings" bill for first-time buyers

By Mike Wheatley | July 24, 2020
Rep. Sean Maloney, D-N.Y., proposed a new bill this week to the U.S. House of Representatives that would allow first-time home buyers to withdraw funds, tax-free, from their retirement accounts under the umbrella of coronavirus-related distributions. The funds could then be used towards a down payment on a new home, helping more people to attain […]
Residential, US Real Estate

Ratio of single homeowners increases to record high

By Mike Wheatley | February 28, 2020
Americans are increasingly heading into homeownership alone, with the share of homeowners in the U.S. who describe themselves as “single” hitting a record 38.4% in 2018, according to U.S. Census data. Moreover, around 48.5% of singles aged 18 to 34 owned a home in 2018, the highest number since 2009, USA Today reported. The main […]
Home Buying, US Real Estate, Zillow

Zillow says more Gen Zers than millennials will become homeowners

By Mike Wheatley | December 19, 2019
The oldest Millennials, who will turn 40 in 2020, have lived through a turbulent decade of housing marked first by the initial recovery from the Great Recession, then the extraordinary home value growth of recent years. Due in large part to a variety of affordability challenges delaying all sorts of major life milestones, the homeownership […]
Residential, US Real Estate

Gen Z survey shows growing optimism over homeownership

By Mike Wheatley | November 25, 2019
If you’re looking for a reason to be optimistic about the future of housing, look no further than Generation Z, the demographic that comprises the youngest potential consumers. A new survey from Freddie Mac shows that Gen Zers aged 14 to 23 on the whole are more positive about what it means to be a […]
US Real Estate

Millennials say they're worried they'll never become homeowners

By Mike Wheatley | November 20, 2019
A significant number of millennials report feeling trapped as renters, saying they’re unable to save enough money to become homeowners, according to a new study from Apartment List. In its 2019 Millennials & Homeownership Report, which analyzes attitudes, expectations and actions of 10,000 millennial renters in the U.S., Apartment List notes that the vast majority […]
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