Stories Tagged as
Homebuyers
How the Realtors' legal settlement could change the buyer-agent relationship
by
Matt Levin
Mar 18, 2024
More agents might start charging buyers hourly rates or working on retainer.
Mortgage payment on a typical home nearly doubled in last 4 years, report finds
Mar 1, 2024
According to real estate firm Zillow, the typical buyer pays $2,188 monthly — well above the 30% of median income guideline used to calculate housing affordability.
Profits from sales of median-price homes fell slightly last year, but are still pretty huge
Jan 25, 2024
People who sold a median-price home last year made more than $120,000 in profit on a typical sale, according to a new report out today from the property data company ATTOM.
First-time homebuyers are older these days
Nov 21, 2023
The median age of first-time homebuyers is now 35 — up from 29 in 1981. And the median age of all homebuyers is now 49 —
up from 31 in 1981.
Thanks to a Missouri jury, the way we buy and sell homes may change
by
Henry Epp
Nov 1, 2023
The jurors found that the National Association of Realtors and a couple of big brokerages conspired to inflate commissions.
With many homebuyers priced out, builders try to sweeten the deal
Oct 25, 2023
A lot of homebuilders are working with lenders to offer lower mortgage rates — or they're offering other incentives like money towards closing costs.
Homebuyers face a double whammy: rising mortgage rates and rising prices
Oct 5, 2023
The average monthly payment on a new mortgage rose 46% in 2022, and home prices and mortgage rates have continued to climb in 2023.
For public good, not for profit.
The housing market is a tale of two people: The buyer and the seller
by
Kristin Schwab
and Matt Levin
Sep 26, 2023
Both the buyer and the seller have unrealistic expectations right now, while prices and mortgage rates are high.
Mortgage demand is up, but lenders are more cautious
by
Justin Ho
Jun 14, 2023
Mortgage applications rose last week, thanks in part to a dip in mortgage rates, according to a new report. But credit availability has been falling.
More buyers are backing out of housing contracts
by
Amy Scott
Jan 26, 2023
They're down about 26% compared to a year ago.