Category Archives: Real Estate

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Millennials Are Delaying Their First Home Purchase

With more and more millennials putting off buying a house due to mounting debts and rising home costs, real estate agents and home improvement retailers are devising new strategies for targeting this shrinking segment of the home buying market. What many have found is that millennials have different tastes and priorities when it comes to……
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US Homeownership Rate at All-Time Low

The homeownership rate in the United States is at its lowest level since 1965, according to a recent report from the US Census Bureau. This is actually an all-time low for homeownership in this country. The main agency of the US Federal Statistical System found that homeownership is down to less than 63 percent. The……
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Bad News for the Garden State: New Jersey Leads Nation in Home Foreclosures

Although home foreclosures are on the decline in many areas throughout the United States, homeowners in New Jersey have not been so fortunate. According to data compiled by RealtyTrac, a major real estate information provider and online marketplace for foreclosed properties, New Jersey actually leads the nation when it comes to foreclosures. Home Foreclosures Down……
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International Buyers Targeting Cheaper Real Estate, Rental Properties

The US real estate market has reportedly seen an influx of international buyers, with many of them focusing on lower-value properties that can subsequently be rented to middle-class families. In the past, sales of US properties to foreign buyers have been largely limited to luxury real estate holdings; however, it seems that foreign buyers are……
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Inexpensive “Starter” Homes Disappearing from the US Real Estate Market

Home sales to potential first-time homeowners are on the decline. And now experts who have examined the data are speculating that one of the biggest reasons for this downturn is that low-cost starter homes are no longer as readily available as they were in years past. Worse yet for prospective homebuyers with minimal assets (including……
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