COVID-19 has already had a dramatic effect on the real estate market. In barely more than a month, the crisis has halted what was shaping up to be one of the most active spring sales seasons in history. These past weeks, we’ve seen home showings come down 18% relative to last year, weekly volume of… Continue reading How Will COVID-19 Affect Home Prices and Affordability?
As millennials are about to surpass the Baby Boomers as America’s largest generation, their impact on the American housing market is becoming more significant. To find out exactly how they are changing the market, researchers at Apartment List asked 6,400 millennials about their plans for homeownership and major hurdles preventing them from realizing the American… Continue reading Millennial Homeownership Report: Millennials Can’t Afford Down Payments