National News
As housing costs have continued to grow faster than the average buyer’s income, more are tapping into resources that can lower the substantial up-front costs of purchasing a home. But that could bring some major changes and a degree
Families may move for a number of reasons, like a new job or an expanding household. Of course, plenty of homebuyers seek out a home in advance of starting a family, too. Findings from WalletHub’s research compared more than 180
A new survey of agents across the industry commissioned by Redfin paints a picture of an industry in transition and perhaps in the midst of some soul-searching. The survey, the first of its kind overseen by Redfin, was done
While sales of previously owned homes continue to underwhelm, housing market analysts are feeling more optimistic about sales of newly-built homes. The U.S. Census Bureau reported new-home sales in June came in at a seasonally adjusted annual rate of
The pace of growth in home improvement spending could soon slow to a crawl. That’s according to a new estimate by the Remodeling Futures Program at Harvard’s Joint Center for Housing Studies, which projects that spending on remodeling will
The only thing you can’t buy through Amazon is a house—right? No longer, apparently. Amazon and Realogy have partnered to offer a new service called TurnKey, which will match homebuyers with agents and offer users up to $5,000 in
The national existing-home market nearly gave up the ground won in May with a less-than-stellar showing for June sales, according to the National Association of Realtors. Sales of existing homes in June came in 1.7 percent below the previous
Millennial homebuyers are a critical demographic for the housing market: They are now the largest generational cohort in the U.S. with a large share of them now of prime homebuying age. Millennials are currently in an age range in
Many U.S. military veterans are learning the hard way that legal cannabis and federal bureaucracy often don’t mix well. Among them is a 35-year-old disabled Army veteran from Revere, Massachusetts, whose VA loan application was rejected. The reason involved
As of this month, the U.S. has seen 121 straight months of economic expansion since the Great Recession in June 2009, the longest-recorded period of economic growth to date. Housing has comprised 15 percent of the nation’s economic output
Housing starts around the country were sluggish in June, with single-family starts registering below year-ago numbers for a fifth consecutive month. In all, housing starts were down 0.9 percent from the previous June, and were on pace for a
U.S. home sales to foreign buyers declined in the last year compared to the prior period, but still generated nearly $78 billion in total purchase volume between April 2018 and March 2019, according to the National Association of Realtors.
It’s often said by economists that housing costs have risen faster than wages in recent decades, but just how wide is the gulf between income growth and gains in property values? We now have a better sense of that,
Every Tuesday throughout the summer, Plainfield’s main drag turns into a family friendly spectacle of classic cars, music and food as the local chamber of commerce closes down the streets for Cruise Night. To Mike Prodehl, president and CEO
New data from realtor.com shows that while 42 percent of home shoppers this past spring were first-time buyers, the group, consisting mostly of millennials, had trouble finding homes due to budget constraints — a higher proportion than just two
Of the dozens of candidates currently in the running for the Democratic Party’s nomination for president in 2020, several frontrunners have made housing and real estate central pieces of their platforms. Here’s where the current frontrunners in the Democratic
