Economics

In Seattle, the decision between buying or renting comes down to the number 14.9. That’s how many years it would take for a buyer to break even, when it becomes cheaper than renting.

In…

While $50,000 a year is a little less than the median household income in the U.S., it’s still enough money to live comfortably in many cities around the country.

Through a new report on…

People between 52 and 61 constituted 16 percent of all homebuyers last year. They were the age group most likely to buy a multi-generational home, accounting for 20 percent of the purchases.

The share of older Americans is becoming larger and larger as the nation’s median age increases.

David Ader of Bloomberg writes that the national homeownership rate has…

Rising home prices are influencing more people to rent rather than buy their vacation homes.

CNBC reports that sales of vacation homes fell 22 percent last year and 36…

Older Boomers were quite active in the housing market in 2016, as 14 percent of homebuyers were between 62 and 70. The group was also the second largest share of home sellers, at 21 percent.

Even as rates change, buyers desire the affordability, flexibility, and stability that a 30-year fixed-rate loan offers.

Freddie Mac says that last year, 90 percent of…

The median home price in Seattle has reached $700,000, which is twice as high as it was during the housing bust five years ago. Prices have jumped 7 percent in the last month, and $60,000 over the last year…

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