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Industry Trends

HomeBlogIndustry Trends

Down Payments Are Up: Here’s Where They’re Highest

9 days ago 25 alyssahansen
Down Payments Are Up: Here’s Where They’re Highest

Down Payments Are Up: Here’s Where They’re Highest   Faced with more expensive home prices, home buyers are bringing more money to closing. The median down payment on a single-family home and condo purchased in the third quarter increased by...

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Where Real Estate Is Expected to Shine in 2021

December 14, 2020 68 alyssahansen
Where Real Estate Is Expected to Shine in 2021

Where Real Estate Is Expected to Shine in 2021 The housing markets expected to be the strongest in 2021 are tech hubs with strong job creation, state capitals where home shoppers may get more square footage for their money, and smaller cities...

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Survey: Gen Z Expects Homes to Have Tech

November 9, 2020 112 alyssahansen
Survey: Gen Z Expects Homes to Have Tech

Survey: Gen Z Expects Homes to Have Tech   Generation Z, the oldest of whom are turning 24 this year, is a growing force in the rental market, but real estate experts are watching these consumers’ preferences closely for when they’re ready...

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Report: Buyer Trends Moving to the Suburbs

October 12, 2020 112 alyssahansen
Report: Buyer Trends Moving to the Suburbs

Report: Buyer Trends Moving to the Suburbs   A lot has changed since the onset of the coronavirus pandemic, including home-buying trends. Homes that were once sitting on the market due to their size and location, are now the preferred...

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2020’s Best Real-Estate Markets

September 14, 2020 164 alyssahansen
2020’s Best Real-Estate Markets

2020’s Best Real-Estate Markets   Whether you’re joining the real-estate business or just looking for a place to call home, it’s important to get a handle on the housing markets you’re considering before investing in a property. This year...

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Baby Boomers Are Making Home Renovation a Priority

July 15, 2020 211 alyssahansen
Baby Boomers Are Making Home Renovation a Priority

Baby Boomers Are Making Home Renovation a Priority Home renovation remains a popular activity for owners, particularly among older age groups. Baby boomers accounted for more than half of renovating homeowners in 2019, according to a newly...

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Potential homebuyers are going to face historically low inventory this summer

June 11, 2020 250 alyssahansen
Potential homebuyers are going to face historically low inventory this summer

Potential homebuyers are going to face historically low inventory this summer   LendingTree says that 53% of homebuyers are more likely to buy a home in the next year because of the COVID-19 pandemic, with respondents saying they’re either...

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More Than a Quarter of Properties Are Equity-Rich

May 11, 2020 282 alyssahansen
More Than a Quarter of Properties Are Equity-Rich

More Than a Quarter of Properties Are Equity-Rich Many homeowners have a lot of money in their homes. During the first quarter of this year, 26.5% of residential properties or 14.5 million were considered equity rich, meaning the owner had at...

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Number of Homes for Sale Has Dropped, But Prices Have Risen

April 13, 2020 317 alyssahansen
Number of Homes for Sale Has Dropped, But Prices Have Risen

Number of Homes for Sale Has Dropped, But Prices Have Risen The number of homes for sale declined 15.7% annually in March, a housing report released Thursday by realtor.com® shows. However, the national median listing price was up 3.8% to...

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Rental prices in top housing markets fall in March

March 5, 2020 280 alyssahansen
Rental prices in top housing markets fall in March

Rental prices in top housing markets fall in March Rental prices for one-bedroom and two-bedroom units fell in March, sliding by 0.4% and 0.3%, respectively, according to Zumper. It now costs the average renter a median of $1,219 and $1,463 to...

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Homeownership Rate Climbs to 6-Year High

February 12, 2020 380 alyssahansen
Homeownership Rate Climbs to 6-Year High

Homeownership Rate Climbs to 6-Year High Americans are facing challenges to homeownership, particularly with shrinking inventories of homes for sale, yet somehow more are still finding their way to becoming homeowners. The homeownership rate rose...

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Fannie Mae, Freddie Mac loan limit increases to more than $510,000

December 17, 2019 434 jlsrelocation

Conforming loan limit has now increased by nearly $100,000 since 2016 The Federal Housing Finance Agency announced Tuesday that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than $510,000. In most of the U.S....

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