A new Redfin report shows a majority of U.S. homeowners and renters say housing affordability will impact their vote in this year’s presidential election.
In his State of the Union Address on March 7, 2024, President Biden announced a new set of housing initiatives to make homeownership accessible to more Americans, including a $5,000 tax credit for middle-class first-time homebuyers.
A new Realtor.com report shows homebuyers are still holding onto the dream of homeownership despite affordability challenges. Younger generations (millennials and Gen Zers) are more optimistic about buying a home in the next year or five years.
Jordan Nutter, registered loan officer and top mortgage influencer, is on a 12,000 mile tour across the U.S. in a branded RV as the Mobile Mortgage Mom, traveling to help would-be first-time homebuyers understand their options and get closer to homeownership.
ATTOM released its Year End 2023 Home Sales Report showing the first drop in home selling profits in over a decade amid modest home price gains.
A new RE/MAX report shows nearly 80% of prospective homeowners are willing to get creative and make adjustments to their homebuying plans to achieve homeownership in 2024.
A new report from Real Estate Witch shows high interest rates are the number one barrier to homeownership for millennials, followed by high home prices and saving for a down payment.
According to a new national survey of Veterans and active duty service members, only three in 10 know they can use their VA benefit to buy a home with zero down payment. Realtor.com, in cooperation with other organizations, aims to change that.
A new Zillow report shows a lack of access to credit is barring a significant percentage of Black households from buying a home, leaving them with rent payments that are often considerably higher than the median mortgage payment for their area.
This week in BAM brings Week 1 of the Sitzer/Burnett trial, new homeownership initiatives from the White House, Barbara Corcoran, the world’s longest open house, a business planning webinar recap, and Meta Verified for business accounts.
A new Redfin report shows homebuyers now need a household income of $115,000 to afford a median-priced home. That’s roughly $40,000 more than the typical U.S. household earns.
On Monday, October 16, the Biden-Harris Administration released data on its investment in housing affordability and announced new initiatives to further support homeownership and make it accessible to more Americans.
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