Browsing: Home Sales
At 56, the average U.S. homebuyer is now 7 years older than a year ago—shutting millennials out of the market
Homebuyers in the U.S. are older than they ever have been, and younger buyers are increasingly being crowded out of…
Big-box retailers seem to have everything for the home these days—including the home. Walmart has begun selling tiny homes, months…
Forget the 30-year mortgage: The 40-year mortgage needs to become the new American standard, former Obama advisor says
It’s no secret that people can’t afford to buy homes in this post-pandemic era. Home prices skyrocketed during the pandemic,…
The ultra-rich are scooping up mansions while almost no one else can afford a typical home
In December last year, Fortune wrote we were in the midst of “a new American era of housing haves and…
With homebuying ‘more expensive than ever,’ buyers are backing out of deals at a record pace
Deals are falling through in the housing world. Roughly 56,000 home purchase agreements were called off last month, which translates…
Home prices jump to record high, widening the divide in the housing market between current owners and first-time buyers
Sales of existing homes in the US fell for a third straight month in May while prices set another record,…
Roughly $30 billion could be slashed from real estate agents’ commissions: Fed economists pose solution to the ‘anomaly’ in the American housing market
Buying a home is expensive these days, but not just because of sky-high prices and burdensome mortgage rates—costly commissions for…
Compass CEO says housing market is poised for a rebound after 2023’s ‘modest buyer strike’ caused 39% of all listed home prices to drop
Toward the end of last year, things started to shift. More and more economists, executives, and analysts changed their tune,…