For many years, the common refrain among housing observers was, 'When are Millennials going to start buying homes?' As it turns out, they've been buying homes for quite a while now. More homes than any other age group, in fact.
It looks like the fourth quarter was a very financially favorable one for homeowners, as a new report shows that the average homeowner just gained a substantial amount of equity in their home.
Although home prices continue rising at a pace not seen since the mid-1970's, it's still a better bet to buy than rent in many of the nation's biggest cities, according to new research from professors at Florida Atlantic University and Florida International University.
Despite how housing has been over the last year, there's been one thing consistently holding housing back from even greater heights: a lack of inventory. The demand is there, but the supply just isn't keeping up. And now, it appears that those chickens have come home to roost. Read how Home Sales May Hit Slow Due to Lack of Inventory in 2021.
Thanks in large part to mortgage interest rates that were comfortably below 3%, the mortgage industry just finished its best quarter since at least 2000.
There are many considerations when deciding between renting and homeownership. Each have their benefits, but one area where homeownership has the advantage is when it comes to your taxes.
After spending so much time at home last year, 'home' now means much more than just a place to live.
Home sales continued rising in January, proving that the brief slowdown back in November was just a minor bump in the road for a housing market that's hotter than it's ever been.
Remember back in December when we learned that home prices were rising faster than they had in 15 years? And then when that figure was topped the next month? Well, you ain't seen nothing yet.
Home buyers continue to be very interested in newly built homes, as a new report shows that mortgage applications for new home purchases continued increasing in January.
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