One expert says activity from first-time buyers is crucial to avoid the market from slowing down too much later this year
Brisk business means increased revenue, happy salespeople, and satisfied shareholders. If you're less than prudent, it can also spell danger.
Rising rents, mounting student debt, and a shift in demographics contribute to the U.S. homeownership rate’s continuing decline
Most U.S. markets favor either sellers or buyers
First-time and entry-level buyers are returning to the market after years of dormancy.
A majority of single-person households are homeowners, not renters
Economists still divided on how upbeat the housing market should be about last month’s housing start numbers
A panel of Gen Y real estate professionals from around the country speak at the 2015 Urban Land Institute Spring Meeting. Screenshot courtesy of Urban Land Institute via YouTube.
Millennials polled by the Urban Land Institute say keeping a healthy and active lifestyle is key
Boomers gravitate to markets with a lower price per square foot
The volume of sales can be hurt if interest rates and prices rise, which slows the need for more new-home construction