Things are looking up for homebuyers on the West Coast. According to new data, the historically hot coastal markets are finally cooling down — and buyers are having an easier time snagging those dream homes.
Homeownership among Hispanic Americans is on the rise. According to a new report, Hispanic homeownership rose to 47.1 percent in 2018 — its highest point since 2010. It also marks the biggest annual gain in homeownership for the cohort in 13 years.
Mortgage rates are dropping to new lows. May could provide some of the lowest rates seen since early 2018 or even late 2017. This is the chance mortgage rate shoppers have been waiting for.
American homebuying power has reached its second-highest point in the last 20 years. According to a new analysis, the average buyer can now afford a home priced as high as $391,037.
Home flipping is once again a major force in the housing market. According to new data, it accounted for more than 10 percent of all home sales last quarter — nearing all-time high levels.
It looks like Generation Z is coming at homeownership faster than Millennials have taken to it. Though many Millennials aren’t buying homes until their 30s, according to a new survey, more than half of Gen Zers plan to buy a home in the next five years — when they’re only 24 to 28.
If you’re holding out hope that home prices will start to decline, you might be in luck. According to new data, the chance of dropping prices is up — especially in the high-cost markets on the West Coast.
Want a home that improves in value? Then you might want to buy near a legal marijuana dispensary. According to new data, dispensaries can boost home values by $22,000 or more.
Properties taxes increased by 4 percent nationwide last year, but the upward trend wasn’t unilateral. In fact, according to new data, some cities saw property tax rates as low as 0.35 percent last year.