Average Homeowner Age
LendingTree released data from a study they conducted about the average age of homeowners in America. They collected data from 50 of the largest metros across the country. The study asked homeowners their age and home value. They also looked at the metros population as a whole for [...]
Wave of Housing Inventory
A recent MReport stated that there will be a wave of housing inventory in the next twenty years. According to Zillow, the market by seniors aged 60 or older will rise from 920,000 from 2017 to 2027 and 1.7 million per year from 2027 to 2037. Therefore, roughly [...]
Buying a Home Together
An MReport article reported that the amount of people that are buying a home together is increasing. According to an CNBC report, high home prices and increasing debt are two factors of this trend. People are struggling to pay off their credit card debt or student loans, so [...]
Proposed Solutions For Vacancy Issues
DsNews wrote about the solutions that are being proposed to fix the issue of vacant homes across America. In a recent blog post, I wrote about the 6 million unoccupied homes in the U.S. Of the 6 million units, 1.5 million of them are single family homes or [...]
Snapdocs Developing Platform to Simplify the Mortgage Process
Snapdocs, a real estate technology company, is developing a platform to simplify the mortgage process. Snapdocs’ mission is to perfect real estate closing, and they are working towards that goal. Recently they reached their goal of $25 million in funds. The money raised will be used to continue [...]
Apple’s $2.5 Billion Dollar Plan
Yesterday Apple announced their $2.5 billion dollar plan to help the increasing issue of affordable housing in California. Affordable housing in California is not easy to find. A recent MReport stated that the cost to rent or buy has increased drastically over the past several years, which led [...]