60% of Single- Family Renters Plan to Buy Within 5 Years
60% of Single-Family Renters Plan to Buy Within 5 Years Daily Real Estate News | Tuesday, February 26, 2013 Renters of single-family homes are twenty-five percent more likely than apartment tenants to stay in their current homes five years or longer, according to a new survey by Opinion Research Corporation. The finding suggests that “demand…
DetailsHome Ownership Is Within More Americans’ Reach
Home Ownership Is Within More Americans’ Reach Daily Real Estate News | Friday, February 22, 2013 Low interest rates helped keep housing affordability high in the final quarter of 2012, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released on Thursday. Nearly 75 percent of homes sold between October and the…
DetailsSeller’s Market Developing in Much of the U.S.
Seller’s Market Developing in Much of the U.S. Daily Real Estate News | Friday, February 22, 2013 Existing-home sales edged up in January, while a seller’s market is developing and home prices continue to rise steadily above year-ago levels, according to the National Association of REALTORS®. Sales rose in every region but the West, which…
DetailsHalf of all Renters Spend 30% or More Income on Housing
Half of all Renters Spend 30% or More Income on Housing Daily Real Estate News | Tuesday, February 19, 2013 Freddie Mac reports that residents of apartment communities that include five or more rental units currently make up 15 million U.S. households — a figure that is expected to climb with shifting demographics and housing…
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