Single Female First Time Home Buyers Increase to 2011 Levels: The National Association of Realtors® 2017 Profile of Home Buyers and Sellers, which also identified numerous current consumer and housing trends, including: mounting student debt balances and smaller down payments;…
How Many Hours do Americans Need to Work to Pay their Mortgage?: The visualization uses data from the U.S. Census for household income and Zillow for median home listing price, while calculating mortgage payments based on a standard 30-year term.…
Real Estate Taxes by State: The monthly mortgage payment (principal and interest) is the largest component of home ownership. But the taxes on the property are the second highest cost of homeownership and is greatly impacting migration in the U.S.…
Home Purchaser's Sentiment Matches All-Time High: The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 0.3 points in September to 88.3, matching the all-time high set in June. The rise can be attributed to increases in three of the six…
Inventory Shortage Hampers Pending Home Sales: The National Association of Realtors released their Pending Home Sales report and there is a glaringly obvious issue: Lack of inventory available for purchase. The Pending Home Sales Index a forward-looking indicator based on…
