A down payment on a home is a crucial part of the financial hurdle that homebuyers need to pass before they can think of closing, but in the current market, how long of a wait is that? According to the latest report from Realtor.com®, the current average for saving for a down payment on a…
The post Average Time Saving for a Down Payment Now Seven Years: Realtor.com appeared first on RISMedia.
As 2025 comes to a close, affordability has stabilized somewhat for many homebuyers, according to the latest National Association of Realtors®’ (NAR) Housing Affordability Index. NAR’s data saw the qualifying income needed to buy a home decrease slightly to $100,272 in October (based on a 25% qualifying ratio for monthly housing expense to gross monthly…
The government remains shut down, and at least in some areas, housing markets are starting to show “early signs” of slowing activity, according to Realtor.com®’s October 2025 Monthly Housing Trends Report, which found that markets with the highest numbers of federal employees see “modest” impacts. “At this stage, the housing market effects of the federal…
The market for luxury housing has changed over the past few years. A million dollars today does not afford the same properties or retain the same value as it did nearly a decade ago. But in the U.S., the luxury threshold varies by region. A recent study by Realtor.com®—their monthly Housing Market Luxury Report for…
The post Luxury Housing: Not All Are Created Equal as Benchmarks Shift appeared first on RISMedia.
The latest report from the National Association of Realtors® (NAR) on existing-home sales today revealed a 1.5% month-over-month increase in September, and a 4.1% year-over-year increase in sales–key factors that could signal growing buyer confidence and demand as mortgage rates ease. “As anticipated, falling mortgage rates are lifting home sales,” said NAR Chief Economist Lawrence…
As the fourth quarter of 2025 gets underway, experts highlight the cooling nature of the housing market, with home sales generating steady returns and mortgage rates sliding lower almost each week. For Q3, Realtor.com® reports that down payments remained relatively flat amidst elevated costs and moderate demand this past year. Their latest down payment report…
Homeownership is a daunting but desirable goal for many young Americans, yet many struggle to afford housing. In a survey from Redfin earlier this fall, 40% of millennials and Gen Z renters stopped dining out so they could afford their rent. The 30-year fixed-rate mortgage (FRM) has remained steady for weeks, and currently sits at…
Borrower activity is typically projected to increase during the fall, especially the months of September and October. Realtor.com® researchers predict that this year’s “best time to buy” would begin next week, from Oct. 12 to 18. But mortgage applications have slowly begun to reduce in volume after a short-lived spike caused by the Federal Reserve’s…
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