20 million homes could be available, but not where buyers want...
Source: CNBC As the U.S. continues to face a shortage of available homes, some may be looking at those occupied by “empty nesters” as an incoming source of inventory. As older residents begin to downsize, the thinking goes, the...
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America’s median renters have $10,000 net worth, while homeowners have $400,000
Source: CNN The story of the housing market over the past few years has been characterized by a growing divide between “haves” and “have-nots” – those who own a home and those who rent. Existing homeowners in American have seen their...
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SoCal housing market slows for homes and rentals
Source: Los Angeles Times The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3 percent from October to $869,288 in November, according to Zillow, marking the fourth consecutive month...
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Homeownership linked to longer lifespan, finds Oxford study
Source: Fast Company A new study has revealed a few connections through which homeownership can impact longevity. The study, led by Dr. Casey Breen, Senior Postdoctoral Research Fellow at Oxford University’s Leverhulme Center for...
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Homeowners’ wealth jumped $150,000 in 5 years
Source: Money.com Though the housing market has been a rollercoaster ride over the past few years, homeowner wealth has surged by nearly $150,000 in the last five years. The pandemic initially caused a slowdown, but it was followed by a...
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