Almost 14 million homes are expected to be released by aging Americans into the market over the course of the next decade. This mass wave of relinquishment, sometimes termed the “Silver Tsunami,” may bring hope for a woefully under-supplied housing market and thereby also relieve some of the affordability pressures that have weighed on the…
The term is being thrown around in the media a lot these days: “K-shaped economy,” which refers to an economy where two elements are heading in opposite directions—usually focused on different income levels. While this designator can be used to parse out many economic sectors or scenarios, a new Realtor.com® report said the K-shape is…
America’s housing affordability crisis isn’t solely caused by too few homes. It’s also because of too few usable ones. A new report from real estate marketplace New Western suggests that local fix-and-flip investors—not homebuilders—are key to helping solve the problem. The report, conducted in partnership with the National Association for Housing Revitalization (NAHR), found that…