Tag Archives: flatfee.com

Entry Level Buyers Squeezed Out Of Mortgage Financing

Demand for condo units is rising in urban areas nationwide, but mortgage financing continues to squeeze out entry-level buyers, the Los Angeles Times reports. List prices for condos in major markets are rising faster than prices for single-family detached homes … Continue reading

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For a 20% Down Payment It Takes 12 Years of Saving

First-time buyers have a whole lot of saving to do — possibly more than a decade of saving for a home purchase. It can take, on average, 12.5 years for first-time buyers to save a 20 % down payment based … Continue reading

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Debt: Student Loans and Car Payments

Debt — like student loans and car payments — can create the biggest barrier to home ownership, more so than saving for a down payment, according to a new analysis by RealtyTrac. RealtyTrac analyzed affordability in 500 counties and found … Continue reading

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Older Home Owners Carrying Home Debt Longer

A new Census Bureau report shows an alarming rate of older home owners carrying home debt well into retirement, and the amount of debt they’re carrying has risen over recent years. The share of older home owners aged 65 to … Continue reading

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Cities With The Largest Senior Populations

Forbes.com dubs it the “gray wave,” where the senior population is spiking the most in some of the nation’s biggest cities. Since 2000, the overall senior population has risen 29 percent compared to the overall population growth of 12 percent. … Continue reading

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Top 10 Reasons Renters Keep Renting

The majority of Americans who do not own their own home say they intend to one day and hold strong feelings toward home ownership. But how about those 20 percent of households who are adamant about renting and say they … Continue reading

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Sellers Are In The “Waiting Game”

Sellers are starting to get the message that the market is no longer tilting in their favor so they are in the “waiting game.” The number of Americans who say now is a good time to sell plunged 17 percentage … Continue reading

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Housing’s Game Changer Is Marriage Delays

Marriage and real estate often go hand-in-hand. But a drastic decline in the number of married young adults, marriage delays,  is emerging as “one of the biggest game changers in the housing industry,” according to John Burns Real Estate Consulting. … Continue reading

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Where Are The “Boomerang Buyers” ?

Only a small number of Americans who went through a foreclosure or short sale during the economic downturn have bought homes again, according to a study by Experian. Where are the “Boomerang Buyers” ? Many of these sidelined buyers were … Continue reading

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Home Equity Rise Slows Its Pace

More home owners are eeking out equity again on their properties, but with slowing home appreciation, that home equity rise is slowing its pace, and millions of home owners may still be at risk of foreclosure. Equity-rich properties – those … Continue reading

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