A new Redfin report on affordability near schools shows the typical U.S. teacher can afford only 12% of the homes for sale within commuting distance of the school where they work—down from 17% last summer and 30% in 2019.
A new Realtor.com report highlights 10 U.S. cities with the largest annual increases in housing supply and the top 10 with the largest annual decreases.
A new ATTOM report on 2022 property taxes for 87 million U.S. single-family homes shows property taxes are up 3.6% from 2021. Average property tax rose 3%, with an effective property tax rate nationwide of 0.83%, down to its lowest point since at least 2016.
Byron Lazine and Nicole White discuss homebuyers buying down mortgage rates, how to spend $3,000 on your real estate business, and Biden’s State of the Union address.
Byron Lazine and Tom Toole discuss housing inventory dipping below 1M again, purchase applications increasing by 25%, U.S GDP rising 2.9% in Q4 2022, the rise in housing affordability and sentiment, and how inflation has derailed millennial home buying plans.
A record number of home buyers look to new metros in search of affordability in the latest Redfin report, with 24.6% of Redfin.com users looking to relocate in the fourth quarter of 2022.
The Fannie Mae forecast, published on January 20, 2023, lays out the findings and predictions of the Economic & Strategic Research Group (ESR), including an upward revision for 2022 GDP growth and a downward revision for 2023 home price growth.
Buyers are looking for ways to make their home purchases more affordable, with over one million searching for down payment assistance last year. As an agent, you need to share the resources buyers need.
Will Holmes, Opendoor’s Head of Agent Growth, discussed with BAM what agents can do when it comes to consumers’ biggest concerns: affordability and certainty.
A new Redfin report shows buyers continue to look to Florida as an affordable relocation destination, with a near-record high of Redfin.com users looking to migrate to a different area.
Zillow Research and Redfin provided new market research this fall, showcasing the top 10 housing markets for affordability and net inflow.
Affordability, the odds of falling home prices, t-shirt drama, and rapid-fire Instagram changes are today’s hot topics as David Childers and Lindsey DellaSala join Byron Lazine and The Broke Agent.
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