Homebuyer Technology Preferences
A recent MReport article highlights data from a study that revealed that homebuyers prefer affordable, transparent, time-saving transactions. One of the effects from the COVID-19 pandemic was the increase in technology use during the homebuying process. Spruce, a prop tech company, examined homebuyer’s feelings in regards to using [...]
The End of Eviction Moratoriums
A recent DSnews article highlights information from Freddie Mac regarding the impact of the end of eviction moratoriums, the role of rental assistance, and certain actions property owners can take as COVID-19 protections expire. Without eviction moratoriums, rent subsidies will be essential to keep renters in their homes [...]
Home-Equity Loan Concerns
A recent MReport article highlights the concerns homeowners have about home-equity loans. According to a LendingTree study, homeowners are sitting on a collective $22.7 trillion in equity. This is the highest amount since analysts began collecting data in 1945 and an increase in home prices is responsible for [...]
Young Adult’s Saving and Spending Behaviors
A recent MReport highlights the factors that are influencing young adults' saving and spending behaviors. Some young adults who were fortunate enough to maintain employment throughout the COVID-19 pandemic, and were able to save money, will put the savings towards purchasing a home. According to a recent Zillow [...]
What are House Hunters Searching For?
According to a recent MReport, the pandemic has shifted what house hunters want and even with normalcy returning, this trend may continue. A Realtor.com survey of about 1,200 house hunters showed that a desire for more home space was the primary factor for deciding to move. A majority [...]
Increase in Vacation Home Purchases
According to a recent MReport, an increase in people working from home has led to an increase in purchasing second homes. The article highlights findings from the National Association of Realtors 2021 Vacation Home Counties Report. The report states that from the second half of 2020 to April [...]