Category: Home Buying

In a surprising twist that reflects changing dynamics in today’s real estate market, baby boomers have officially become the largest generational group of home buyers, according to the National Association of Realtors® (NAR) 2025 Home Buyers and Sellers Generational Trends report. For years, millennials were considered the dominant force in the housing market, but the… Continue reading A New Leading Demographic of Home Buyers

For more than a decade, the U.S. has faced a growing housing crisis: demand continues to outpace supply, and the dream of homeownership is slipping further out of reach for millions of Americans. While the housing market has seen some growth in construction, it’s not enough to meet the needs of a growing population —… Continue reading U.S. Housing Supply Lagging Demand: A Growing Crisis

Buying a home is one of the biggest financial decisions most people will ever make. Whether you’re a first-time homebuyer or looking to upgrade to your dream home, understanding the ins and outs of financing a home purchase is essential. In this guide, we’ll break down the key things you need to know about mortgage… Continue reading 7 Things To Know About Financing a Home Purchase

In a notable shift in the U.S. housing market, Bank of America (BofA) has reported an 80% jump in mortgage applications between January and March 2025, fueled by improving housing inventory and more favorable mortgage rates. This surge surpasses typical seasonal patterns and signals renewed interest from homebuyers across the country. As Mortgage Rates Ease,… Continue reading A Surge in Mortgage Applications

Homebuyers put more money down than ever before in 2024, according to a new report from Realtor.com®. The data shows that down payments have surged to record highs, signaling a major shift in who is buying homes—and how much they’re putting on the table. Median Down Payments Hit Historic Levels In Q4 2024, the median… Continue reading Home Down Payments Reach Record High in 2024

According to a recent report from Realtor.com®, the U.S. faces a 3.8 million-home shortage after more than a decade of underbuilding. this persistent lack of supply has made homeownership increasingly out of reach for millions of Americans—especially younger generations. With both home prices and rents stretching household budgets to the brink, the housing crisis has… Continue reading America’s Housing Shortage

Good news may be on the horizon for prospective homebuyers. According to the latest March 2025 Economic and Strategic Research (ESR) Group commentary from Fannie Mae, mortgage rates are now expected to decline slightly over the next two years. The ESR Group projects 30-year fixed mortgage rates to end 2025 at 6.3% and 2026 at… Continue reading Mortgage Rates Expected to Move Lower in 2025, 2026

The real estate market is constantly evolving, influenced by economic factors, lifestyle changes, and buyer preferences. One notable trend that has emerged in recent years is a shift towards smaller homes. But is this trend real, and if so, what’s driving it? Let’s explore whether homebuyers are indeed favoring compact living spaces and what this… Continue reading Are Homebuyers Shifting Toward Smaller Homes?