Posts by Emily Marek

Redfin: Seller concessions on the rise again

Increased mortgage rates have sidelined many would-be buyers, allowing inventory levels to increase. As a result, buyers can now “shop around” more than during the peak of the pandemic, putting the burden of concessions back on...

Multigenerational homebuying and mortgage-readiness fueling Latino homeownership rates

"Latinos are more mortgage ready. Latinos have made strides in income and are more educated in the homebuying process," said Nidia Fromenta Peguero of Century 21 North East in Danvers, Massachusetts. "They don't want to rent...

‘Million-dollar cities’ are much less common now than they were six months ago

There are 58 less million-dollar cities in the U.S. than there were in July of last year, according to a new report from...

Jennifer Wauhob named NAR’s 2023 vice president of association affairs

Vice President of Association Affairs Jennifer Wauhob brings over a decade of experience to her new role with...

Zillow: Regrets from first-time sellers

Many feel they could have made a higher profit if they’d made better decisions. But are those regrets...

Average apartment size shrinks across the country

The average size of new apartments across the country has decreased by 30 square feet year over year, according to a new report from...

While homebuying season may feel calmer, Zillow says expect competition

According to a new analysis from Zillow, there will still be competition for affordably-priced houses this homebuying...

Multigenerational homebuying nears all-time high

Multigenerational homes are defined by NAR as homes where families live under the same roof with grandparents, adult children or other extended family...

Decreasing mortgage rates mean buyers and sellers are returning to the market

Homebuyers can now afford $400,000 homes with $2,500 monthly budgets for the first time in four months, according to a new report from...

Homeownership still a top priority among consumers, survey finds

Current real estate market conditions have not discouraged buyers from their plans of homeownership, according to a new survey from...

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