A striking lack of affordability held steady for first-time home buyers in the final quarter of 2021. After a slight uptick in listings in the third quarter, the number of…
Author archives: Elizabeth Renter
Perks of Selling Your Home Could Outweigh Challenges of Buying
While it’s a notoriously tough time to buy a home, the incentives to sell the one you’re in could be too good to pass up. Most (89%) of current homeowners…
5 Homebuying Lessons From Last Year’s Unsuccessful Buyers
Record-low housing inventory, high prices and low mortgage rates made an interesting backdrop for the 2021 real estate market. Millions fought tooth and nail to close on homes throughout the…
Inflation Can Spell Disaster for Some 40% of Americans
As of December, prices across all goods and services had risen more in a single year than they had in nearly 40 years. The impact of that 7% increase stands…
First-Time Home Buyers Find Slowing Prices, Inventory Uptick in Q3
Price growth slowed a skosh and inventory ticked up slightly across the nation’s biggest metros in the third quarter. And while many potential first-time buyers have found their savings bolstered…
Why Might Your Mortgage App Fail? Learn From 2020’s Denials
Mortgage application data from years past can teach important lessons. It may not be as engrossing as a memoir, but the story the data tells could help aspiring homeowners make…
Watch Out for These Buy Now, Pay Later Traps
If you haven’t yet been tempted at checkout to spread out payments on a purchase, you will be soon. The buy now, pay later industry is growing quickly, but it…
Upgrade Your Job: How the Labor Shortage May Benefit You
There are 10.4 million job openings in the United States and just 7.7 million unemployed people in the workforce. The imbalance is creating opportunities for career advancement across industries and…
4 Signs That Buying a Home Now Could Sow Regret
It’s a tough time to be a homebuying hopeful. Sellers rule this market, and potential buyers are battling with one another over a high-priced handful…
As Pandemic Saving Settles, Inflation Could Sap Your Surplus
In the midst of the coronavirus pandemic, many Americans have been able to tuck away more cash than ever before. And though consumer spending has now…