As affordability remains one of first-time buyers’ biggest hurdles in real estate, the face of homebuying remains squarely retirees and members of older generations who are repeat participants in the housing market. The median age of a homebuyer now stands at 58, and there is “increased buying activity among those over 60,” according to the…
Mortgage rates are giving homebuyers another reason to hesitate. The average rate for a 30-year fixed mortgage reached well over 7% in October, its highest level in 13 months, according to Freddie Mac. That followed a climb from 5.98% in late February to 6.65% by Aug. 20, figures cited in a recent U.S. Bank housing-market…
According to Opendoor’s July 2026 housing guide, September through November offers a favorable balance between available homes and prices, as summer listings remain on the market and buyer competition eases. A study found that since 2021, the traditional summer housing peak has shifted earlier toward spring. Researchers identified stronger spring activity in home prices and…
A house that didn’t sell over the summer may offer new opportunities for fall buyers. But a longer listing period doesn’t guarantee a bargain, especially when the asking price tells only part of the story. According to Realtor.com®’s 2026 housing report, Dallas-Fort Worth homes spent a median of 62 days on the market (DOM), while…
Libra homeshoppers may celebrate more than just their birthday this upcoming astrological season, as the housing market may have favorable conditions for prospective buyers in the coming weeks. In the 2026 edition of its report, Realtor.com® states that the best time for buyers to purchase a home is the week of Sept. 27-Oct. 3. The…
For the first time since 2023, more than half of consumers say that buying a home is a better option than renting, per the latest findings from Bank of America, a potentially positive sign for the near-future housing market amid broader economic uncertainty. The bank’s 2026 Homebuyer Insights Report found that 53% of 2,000 respondents…
Editor’s note: In this two-part series, we take a look at how the buyer experience differs today from past years. Part 1 was a look back at how the process evolved to where it is now. Here, we review how tech has impacted everything, and the skills required to serve luxury-market clients. Information overload. The…
The post The Buyer Experience: Looking Back and Looking Forward, Part 2 appeared first on RISMedia.
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 the year ends, how are consumers—such as potential homebuyers—feeling about the market going into 2026? Per the latest findings from the University of Michigan’s monthly Consumer Sentiment report, sentiment was slightly improved in December compared to November, confirming the sentiment trajectory from the University of Michigan’s preliminary report earlier this month. Compared to November…
Homeownership remains a priority for many Americans despite housing market fluctuations this year. A recent consumer survey conducted by REMAX highlights how market conditions and lifestyle preferences are shaping homebuyers’ plans. While affordability remains a key concern, buyers are also prioritizing neighborhood safety, social connection and access to lifestyle-enhancing amenities. These preferences underscore that buyers…
| Older Posts |