Mortgages Below 1%? They Exist, but Only for Those Who Buy Before the Year Ends
The typical age of a first-time homebuyer has reached a record. High prices, stubborn borrowing costs, and limited inventory have steadily pushed the milestone up from age 28 in 1991 to 36 in 2022, 38 in 2024, and 40 today. It’s a troubling sign, underscoring just how hard it’s become to break into
A Tiny Texas Town Is Bracing for a Hollywood Boom With an Elon Musk Tech Hub and Film Studio Plans
There's a Texas size boom happening just outside the capital of the Lone Star State. A rural area full of farms, 40 minutes from Austin, is set to see mega-growth as the site of a new film studio, an Elon Musk technology hub, and a new luxury housing community. Bastrop, TX—population only about 13,0
Kentucky Is in Good Standing With Affordability and Homebuilding: Can Gov. Beshear Keep It Growing?
Kentucky’s housing market continues to deliver on affordability and steady growth. The state earned a C+ on the Realtor.com® State-by-State Housing Report Card, part of the Let America Build campaign that evaluates how states balance housing costs and new construction. While doing well, this isn't t
Record Shutdown Clouds Economic Data, and Housing Is Caught in the Middle
Without key government data during this record-breaking shutdown, the signals we do have on the economy are mixed and housing is caught in the middle. The federal government shutdown is now the longest one on record, surpassing the 2018–19 shutdown that lasted 35 days. While lenders have workarounds
Categories
Recent Posts
