Know how “location, location, location” has always been the number one priority (generally speaking) when it comes to buying a property? Well, according to a new Coldwell Banker survey, price is now more important for over half the surveyed consumers (56%), leaving location in second place (50%). Also, according to survey results, women (60%) are […]

The income today’s homebuyers need to buy a typical U.S. home has grown 80% since 2020. Or, put another way, today’s homebuyer needs to earn a minimum of roughly $106,500 a year to afford a home purchase—about $47,000 more than they needed four years ago. A new Zillow report highlights the disparity between wage growth […]

The $2 Trillion Surge In U.S. Home Values A new Redfin report on the value of the U.S. housing market shows a $2 trillion annual gain. In percentage terms, the total value of U.S. homes rose 5% over the last 12 months, marking the biggest increase in almost a year. The housing shortage has plenty […]

Lead Analyst On How To Talk To Consumers About Mortgage Rates When it comes to mortgage rates, it helps to have multiple perspectives. If you’ve been a BAM reader long enough, you’ve read several different predictions from different housing experts on what we can expect over the next 1-2 years. You also heard a prediction […]

3 Reasons More People Are Losing Money to Real Estate Fraud Recently released its 2024 State of Wire Fraud report. And for one in 10 Americans, the findings come as no surprise.  According to the report, at least 10% of Americans are targeted for real estate fraud, and one in 20 (5%) suffer losses as a result […]

Single Women Still Own More Homes Than Single Men—And the Gap Is Widening A new LendingTree analysis shows single women are still more likely to be homeowners than single men. According to the U.S. Bureau of Labor Statistics, a woman’s median weekly earnings are still, on average, only 83% of men’s. But while that suggests […]

Fed Chair Jerome Powell: “We’re Not Targeting Housing Price Inflation” During the FOMC press conference on January 31, Jerome Powell, Chairman of the Federal Reserve, directly addressed concerns related to housing price inflation and Senator Elizabeth Warren’s letter to the Federal Reserve. In response to a direct question about housing inflation from Nancy Marshall-Genzer with Marketplace, Powell […]

80% of Homebuyers Willing to Adjust Plans in 2024 According to a new RE/MAX report, nearly 8 in 10 prospective homeowners are willing to make adjustments to their homebuying plans to achieve homeownership this year. Some of those adjustments mentioned in the study include— Buying a fixer-upper Buying a home with a friend or family […]

4 Housing Market Predictions From Realtor.com Chief Economist Realtor.com Chief Economist Danielle Hale appeared on last week’s episode of the Knowledge Brokers Podcast to discuss her predictions for 2024. As true knowledge brokers themselves, Tom Toole and Lisa Chinatti took this as a learning opportunity, asking about Hale’s predictions on a number of housing-related topics. Here, we’ll […]

Top Inbound Trends and Outbound Shifts in 2023 Migration The U-Haul Growth Index for 2023 highlights the top 10 states for growth, based on the largest numbers of movers headed to those states using one-way U-Haul equipment rentals. Texas topped the list, with Florida close behind—both holding their spots for the third consecutive year—followed by […]