Among major metro areas, first-time homebuyers hold the biggest advantage over investors in Denver, where strict rules on short-term rentals limit the upside for speculative buyers, according to a new analysis. Nationally, first-time buyers accounted for about 69% of all starter-home purchases last year, while investors snapped up 31% of the properties, the analysis from … Read more
Homebuyers are increasingly willing to pay a premium for a certain perk—and it’s not a swimming pool, three-car garage, or two kitchens. A survey from the National Association of Realtors® showed that Americans are prioritizing walkability in a way they haven’t since the pre-Henry Ford era. 79% of respondents rated walkability as “very” or “somewhat” … Read more
Chris Whitten has three children in their late teens and early 20s who are edging into adulthood, but it’s not the prospect of becoming an empty nester that keeps him up at night—it’s the fear that none of them will be able to buy or even rent a home in their home state of Rhode … Read more
President Donald Trump has proposed creating 50-year mortgages to solve the housing affordability crisis, an idea that has provoked strong debate about the pros and cons of longer-term loans for homebuyers. Trump floated the idea over the weekend on his Truth Social site, where he posted an image touting himself as the creator of the … Read more
House hunters hoping to celebrate Thanksgiving in a new home this month might be in luck, as a growing number of metros are shifting from seller’s to buyer’s markets, offering shoppers more options and bargaining power. In early summer, seven of the top 50 U.S. metros—led by Miami, Austin, TX, and Orlando, FL— moved … Read more