A hub for independent voices and hard truths
Before covid, the average first-time homebuyer age never exceeded 33 years old. In 2025, it rose to a whopping 40. byu/Conscious-Quarter423 inInfographics The same generation that had affordable housing in their 20s is the same generation buying houses today. Because …
Student loans (yellow) are a problem (getting worthless degrees). But the overwhelming problem is mortgage debt (green) byu/RobertBartus inEconomyCharts “Now you can't afford a 50-year mortgage so you're taking out a 100-year mortgage to pay $500 less a month but …
The median age of homebuyers has climbed to 56, marking a dramatic shift in the housing market. This is the highest recorded age for buyers, reflecting the impact of soaring home prices, high mortgage rates, and tightening inventory. Younger generations …
CNBC:The wave of young people buying homes will be a tailwind for builders https://www.axios.com/2023/11/20/american-housing-market-older-homeowners-2023 h/t stockpreacher
Homebuyer Conditions Index: The homebuyer conditions index has declined to an all-time low in June 2024, reaching 27 points. This index reflects consumer sentiment regarding homebuying conditions. Only 14% of consumers currently believe it’s a good time to buy a …
by confoundedinterest17 After (unexpectedly) tumbling in March, existing home sales were expected to rise modestly (+0.8% MoM) in April. Analysts were wrong as March’s data was revised marginally up from -4.3% MoM to -3.7% MoM and April printed -1.9% MoM …
The CEO of Zillow just issued a warning that first-time homebuyers are beginning to drop out of the housing market in 2024. And that this reduction in buyer demand could hurt Zillow’s business and revenue in the second quarter. Zillow …
by betsharks0 > In September 2022, adjustable-rate mortgages (ARMs) made up around 9% of all new home loan applications to lenders, according to the Mortgage Bankers Association (MBA) So are these people basically f***ed? The median house payment in the US is …