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You need to make at least $64,500 a year to afford your first home, says Redfin

Wed, 08/02/2023 - 05:28

Tech Insider : Economy

A Floridian home for sale. — Homes are getting less affordable for first-time buyers, Redfin said.
Getty Images

economy, Real Estate, Markets, us home sales, US Homebuyers, us home prices, us housing market

I visited an oil-rich West Texas city, where half the homeowners are millennials. See what I found.

Sun, 07/30/2023 - 07:20

Young women walking towards The Tailgate. — Young women walking towards The Tailgate.
Alcynna Lloyd/Insider

Real Estate, Features, midland, midland texas, Texas, Millennials, US Homebuyers

Millennials are fueling a generational housing bubble - and it's set to pop in the next decade as demand drops, researchers say

Wed, 04/26/2023 - 13:05

open house homebuyers — REUTERS/Jonathan Ernst

Markets, MI Exclusive, housing crash, housing market crash, us housing market, us home prices, us home prices falling

Bidding wars no more: Regular people have a better shot at scoring a home as investors flee once-hot cities from Phoenix to Atlanta

Thu, 02/23/2023 - 05:00

Home prices — The recent about-face from investors may be a boon to regular homebuyers hoping to score a house this year.
(Photo by Joe Raedle/Getty Images)

Real Estate, Real estate investor, Redfin, Phoenix, Homebuyers, US Homebuyers, bidding wars

US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says

Sun, 02/12/2023 - 06:30

Home prices — Home prices could fall by a further 9% this year despite a pullback in mortgage rates, according to Jeff Taylor.
(Photo by Joe Raedle/Getty Images)

Markets, MI Exclusive, Housing, Housing Market, House Prices, US Homebuyers, us home sales

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