Homeowners see equity surge

Homeowners see equity surge

When the pandemic began, the real estate market took a turbulent but brief turn. Today, market performance is exceeding expectations with favorable trends of low interest rates, high buyer demand and rising home values. In the second quarter, homeowner equity surged...
Low rates lead to best housing affordability in years

Low rates lead to best housing affordability in years

Housing affordability hasn’t looked this great in years. Freddie Mac’s 30-year fixed rate mortgage has led to some of the better home affordability in four years. As of July, buying a home required under 20 percent of the nation’s media monthly income. The consumer...
Homeownership hits its highest rate since 2008

Homeownership hits its highest rate since 2008

Despite the economic uncertainty during the COVID-19 pandemic, Americans fueled a remarkable milestone within the real estate market. Homeownership moved significantly in the second quarter, driving the rate to its highest level since 2008. The U.S. Census Bureau...
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