The latest shutdown of the federal government has formally commenced, and it’s anyone’s guess how long it will last — and just how much it will impact the U.S. economy and housing market. Though early impacts are modest, economists caution that prolonged paralysis could disrupt financial markets, delay real estate transactions and inflate wobbles in […]
Gen Z and Mortgages: Understanding the Next Generation of Homebuyers
The mortgage businss is at the cusp of a generational turnover. As Millennials move into their middle-age housing years, Generation Z — nearly everyone born between 1997 and 2012 — is starting to arrive. Young as they may be, their expectations and behavior are alreazdy reshaping real estate and lending’s future. For lenders, brokers and […]
Americans call $74K the perfect salary — but it buys a home in only two states
According to a recent survey, Americans believe $74,000 per year leads to the ideal level of financial comfort. Though the number is above the national median income and enough to rent in most cities, it’s still a long way from bringing homeownership within reach for many people across the country. The Housing Affordability Gap According […]
U.S. Home Sales Poised for Worst Year Since 1995 as Market Gridlock Deepens
The U.S. housing market is poised for its most significant year in decades. The report predicts sales of existing homes will end 2025 at about the same point they did in 2024, which was the smallest figure since 1995: approximately 4.05 million units. Buyer and Seller Caution Keeps Market Icy Yet even with slightly lower […]
U.S. GDP Growth Surges Toward 4% in Q3 Amid Strong Consumer Spending
The U.S. economy is starting to run hotter than previously thought, and now looks likely to clock growth of as much as 4% in the third quarter. Shrugging aside persistent fears of a recession from some analysts, new data underscores strengthening momentum built largely on resilient consumer demand. Solid Q2 Lays the Groundwork for Q3 […]