Items Tagged with 'NerdWallet'


  • NerdWallet: Decline in housing affordability is keeping Americans out of their desired markets

    Survey claims that 45% of Americans can't afford to live in the housing market they want
    As housing affordability becomes a top concern for homeowners across the country, a new report from NerdWallet indicates many are refraining from moving in order to evade relocation costs. According to the company’s data, about six in 10 renters not living in their ideal location would rather give up the opportunity to own a home than move to a less desired location.
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  • Americans are relocating more frequently than before, here's why

    On average, 47 million U.S. residents moved each year from 2012 through 2016
    As affordability concerns heighten across the country, many homeowners are relocating to housing markets that better suit their needs. In fact, according to NerdWallet’s Home Buyer Survey, on average, 47 million U.S. residents moved each year from 2012 through 2016.
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  • NAR: DIY projects now competing with renovation professionals

    Millennials more likely to DIY than hire a professional
    More and more Americans are putting on their hard hats, rolling up their sleeves and remodeling their homes. Interestingly, the National Association of Realtors 2019 Remodeling Impact Report indicates that when it comes to remodeling, generational preferences are evident.
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  • Zumper: The American dream of homeownership fades

    33% of survey respondents no longer think the American dream involves homeownership
    This year, navigating the landscape of American housing has proved to be rocky for both renters and homeowners. As 2018 comes to an end, Zumper, a rental listing site, has revealed for many Americans, the dream of homeownership is fading. Here's why.
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  • This is what the housing market could look like in 2019

    Expert says declining mortgage rates bode well for buyers
    In 2018, the housing market experienced its fair share of up and downs, attributed to many factors including affordability and inventory concerns. But as the year comes to an end, homebuyers will be walking into 2019 with more pep in their step. Here’s why.
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  • Americans are unprepared for home repair costs

    From 2015 through 2017, Americans spent $449.5 billion on home improvements
    As affordability concerns continue to haunt homeowners across the country, many are choosing to remain in their homes, prompting a surge in the home renovation market. However, NerdWallet’s latest Home Improvement Report discovered that more than 30% of Americans have not set aside funds for these renovations.
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  • When is the best time of year to buy a home?

    Listing prices are the same, sold prices are down
    Spoiler: Home prices peak in the summer months, so that's not the best time to buy a home, according to a study by NerdWallet. So, can you guess the season when the listing prices of homes seem to be business as usual, but the sale price plummets? If so, you've just found the "hidden" market for homebuyers.
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  • Top 10 fastest moving housing markets

    Zillow data shows where buyers need to be ready
    Nerdwallet conducted a study using data from Zillow to show the fastest moving housing markets, and the need for buyers to be prepared when faced with difficulty. The top markets include cities from Texas, California, Colorado and others.
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