Homes owned by single women tend to be less valuable than homes owned by single men. Because women tend to make less money than men, they're likely to buy homes that appreciate less, thus causing a domino effect. This week’s HousingWire factsheet illustrates the gap using data from RealtyTrac.
Step one: People decide that they want to buy a home. Step two: And this is where you come in, they start shopping for a mortgage. It’s this period where brokers and lenders only have a very minuscule amount of time to lock in potential borrowers. This is what you need to know.
Mortgage brokers eagerly welcomed a bigger paycheck at the start of this year after the end of 2015 significantly shorted the income of many in the business. To show exactly how mortgage banker profit has changed, this week's factsheet shows mortgage banker profit over the course of the past two years, using data from the Mortgage Bankers Association’s Quarterly Performance Report.
Serving in the military dictates many home buying and selling decisions for active-duty members, and continues to have residual effects — both positive and negative — for veterans. This week's HousingWire factsheet uses data from the National Association of Realtors' latest profile of homebuyers and Sellers to show just how different their housing decisions are.
There are 75 million Millennials – wow. Talk about competition. To help alleviate some of the pain points in shopping for a home, HousingWire rejiggered data from the National Association of Realtors in order to bring you this fun and informative fact sheet on the 10 hottest housing markets for Millennials.