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Buying a home is becoming a longer-term commitment. ๐ฐ๐ก
A new Zillow analysis found it now takes about 14.7 years for the typical household to save a 20% down payment, up from 11 years in 2019. For starter homes, that timeline drops to about 7.2 years.
#homebuyer#downpayment
Starter homes are becoming slightly more affordable in Denver. ๐๏ธ
New Redfin data shows Denver-area buyers need about $109K in annual household income to afford a typical starter home, down nearly 5% from roughly $116K last year.
A modest improvement for first-time buyers.
Frisco, TX is officially the hottest real estate market in America for 2026! ๐ ๐ฅ
According to WalletHub, Frisco took the top spot, with McKinney coming in at No. 2.
Strong job growth, housing affordability and a large share of newer homes helped propel Frisco to the top. ๐
The Florida Keys and San Diego are both coastal paradises with glorious beaches and hot luxury markets, but their real estate stories are vastly different. Although San Diego was pricier a decade ago, the Keys has pulled far ahead with its entry-level luxury home price now at $4.53 million for the top 10% of sales.
Read: https://t.co/4ghlIgaV5M
Mortgage rates dipped slightly this week. ๐
The 30-year fixed-rate mortgage fell to an average of 6.65%, offering a little relief for homebuyers. ๐
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#realestate#mortgage#housingmarket#homebuying
Health insurance remains a challenge for many real estate professionals. ๐ฉบ๐
NAR is pushing to expand health insurance options for self-employed agents, including potential access to Association Health Plans.
According to NAR, 14% of Realtors lack health insurance.
Home sales pull back in July.
Pending home sales fell 2.3% month-over-month and 2.2% year-over-year in July, to their lowest level since January, according to the NAR. All four major regions saw monthly declines. The Midwest was the only region to post a year-over-year increase.
Could a โLegoโ homebuilding approach make housing more affordable? ๐
A former SpaceX engineer at @americanhousing is bringing aerospace-style manufacturing to homebuilding, using prefabricated townhomes for on-site assembly. ๐งฑ
The goal? Cut construction costs by up to 50%.
Home buyers make decisions with their hearts just as much as their heads. Learn how strategic staging can help your seller clients make their homes memorable to potential buyers. https://t.co/edbDc34oPi
Renting a starter home is still cheaper than buying one in all of the nationโs 50 largest metropolitan areasโbut that advantage is beginning to shrink.
Read: https://t.co/7WNIzJCT7h
Buyers are becoming more selective: 16% waived inspection contingencies in July, down from 23% a year ago, while 21% waived appraisal contingencies. Only 6% of contracts were terminated.
Find more market metrics: https://t.co/I6os6pmQnO
$480k. Three Homes. Which One Are You Picking? ๐ก
This weekโs lineup features homes in Lexington, KY, Pittsford, NY, and Bradford, VT.
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#realestate#homesforsale#dreamhome#justlisted
The housing market hit another speed bump in July. ๐ก
Existing-home sales fell 1.7% for a second straight monthly decline, while the median price rose 2% YoY to $434,100.
Fewer sales + higher prices = a tough market for buyers.
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#housingmarket#realestate#homesforsale
Americaโs hottest housing markets arenโt where you might expect. ๐ก๐ฅ
๐ The Northeast and Midwest swept all 10 spots on https://t.co/KMw21BU6fXโs 2026 list, led by Peabody, MA.
Tight inventory remains a major factor, with supply ~60% below pre-pandemic levels.
#housingmarket
As the #1 origin of foreign buyers last year, Canada's buyers primarily purchased vacation homes in warmer, sunny locations (FL, CA, AZ), with 80% paying all-cash.
https://t.co/hVAqhxCMTA
With the cost of homeownership up 26% in the past five years, homeowners nearing retirement may need to re-evaluate their financial plans to protect their savings.
Read: https://t.co/CxiMjMgBsX
Is the housing market already past its 2026 peak? ๐
July brought a 7% jump in completed home sales, but rising mortgage rates, slowing pending sales and a 2.9% drop in mortgage applications are signaling a potential slowdown ahead.
What do you think the rest of 2026 holds?
For Gen Z homebuyers, affordability may matter more than location. ๐
A new survey found 63% would relocate to a different city or state rather than stretch their housing budget, while just 19% would spend more.
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#housingmarket#homeownership#GenZ#homesforsale
Wondering how first-time buyers are making homeownership happen in today's market?
Dr. Jessica Lautz breaks it down in the latest Ask the Economist. Have a question about the real estate economy? Leave it in the comments or email [email protected]