Happy couple holding keys looking at camera sitting on couch

Buying a Home Together

An MReport article reported that the amount of people that are buying a home together is increasing. According to an CNBC report, high home prices and increasing debt are two factors of this trend. People are struggling to pay off their credit card debt or student loans, so they find people to share the cost
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Proposed Solutions For Vacancy Issues

DsNews wrote about the solutions that are being proposed to fix the issue of vacant homes across America. In a recent blog post, I wrote about the 6 million unoccupied homes in the U.S. Of the 6 million units, 1.5 million of them are single family homes or condos. Communities and neighborhoods are impacted by
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Snapdocs Developing Platform to Simplify the Mortgage Process

Snapdocs, a real estate technology company, is developing a platform to simplify the mortgage process. Snapdocs’ mission is to perfect real estate closing, and they are working towards that goal. Recently they reached their goal of $25 million in funds. The money raised will be used to continue the development of their artificial intelligence platform
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Apple’s $2.5 Billion Dollar Plan

Yesterday Apple announced their $2.5 billion dollar plan to help the increasing issue of affordable housing in California. Affordable housing in California is not easy to find. A recent MReport stated that the cost to rent or buy has increased drastically over the past several years, which led to thousands of people leaving the region.
Modern Suburbs Aerial

Zombie Properties

According to a recent DSnews report there are 1.5 million zombie properties in America. That is roughly 1.6% vacant single family homes or condos. In 2018, the Census Bureau conducted a community survey and found that 17,019,726 homes were unoccupied. The data from this year’s survey was compiled to determine the counties with the most
Crucial things to consider when relocating

Public Transportation Impacts Housing Prices

A recent MReport article discussed a study done by the American Public Transportation Association. The study found that public transportation impacts housing prices. The report showed that homes within a mile of public transit have higher sale prices. The APTA came to this conclusion by studying several metros in different cities across the country. For
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Where Mortgages Are Denied

Lending Tree recently released a report discussing where mortgages are denied the most often. There are several reasons why a person can be denied when applying for a mortgage. For instance, they can be rejected because their credit score is too low or their debt-to-income ratio. The report concluded that the leading rejection cause in
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Construction Time of a Home

The Census Bureau wrote a report stating that the national average for construction time of a home was approximately 7.7 months. This includes a month for authorization and roughly 6.7 months for construction. The Census Bureau stated the purpose of the survey “is to provide current national and regional statistics on starts, completions, and characteristics
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Debt Impacts People’s Housing Decisions

A recent Zillow Consumer Housing Trends report showed that debt impacts people’s housing decisions. People are being affected by personal debt, whether it is medical, credit card, or student loan. Debt impacts Americans when deciding on a type of home, when to buy a home, ability to afford a down payment, and being approved for
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IS IT TIME TO BUY OR SELL?

Is it time to buy? This is the question the National Association of Realtors recently asked over two thousand American homeowners. First, they wanted to survey whether or not Americans believe that it is a good time to buy a home. Second, they sought to see if consumers who think it is time to buy,
Happy family and house

Millennials Are Looking To Buy Homes!

Millennials are looking to buy homes right now. According to the National Association of Homebuilders, millennials are the largest demographic that is buying homes right now. The NAHB did a study that concluded that 77% of millenials are looking to buy homes right now. This is more than the baby boomers and gen X put
Top view of house model and blackboard written with ‘ BUY OR REN

Buying a Home Will Make You Happier!

Buying a home is an exciting step in life. Whether it is your first home or your fifth, statistics show that American homeowners are overall much happier than people who rent. According to an MReport article, 93% of people said that buying a home made them much happier than renting a home. How will this