Homeowners

A resource destination for potential homebuyers seeking to educate themselves on the mortgage process so they can make more informed buying decisions.

ARTICLES

  • Fitch: Home price growth slowest in 7 years

    Slows "from a gallop to a trot"
    Home price growth has clearly slowed down in recent months as the housing market cools after a near six-year hot streak. Now, a report released by Fitch Ratings this week details just how much the market has slowed, and predicts where prices will go from here.
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  • The shifting landscape: Top lenders share insight on attracting today's borrowers

    Highlights from HousingWire's engage.marketing conference
    Depending on how you look at it, the wave of Millennial homebuyers is either already happening or may not happen at all. Either way, the face of the mortgage borrower is changing. It may not be changing as fast as we once thought, but change is happening. And all across the industry, mortgage companies are working to be in a position to capitalize on that change, in whatever form it takes.
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  • Older homeowners are spending big on home improvements

    Harvard study says aging homeowners will drive this market
    Home improvement spending continues to trend upward, with the latest data from Harvard’s Joint Center for Housing Studies putting the aggregate total at a new high of $424 billion. The home improvement sector can thank the Baby Boomers for that, as research shows older homeowners are spending big on home renovations and aren't expected to slow down anytime soon.
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  • U.S. home values reach a record high of $26.1 trillion in Q1, Fed says

    Home equity rises to the highest level since 2002
    The value of all U.S. owner-occupied homes increased to a record $26.1 trillion in the first quarter, according to the Federal Reserve report released Thursday known as the Flow of Funds. Americans owned 60.4% of their homes in the first quarter, measuring the share of their home that was unmortgaged, the highest level of equity since 2002.
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  • Home equity gains continue to slow

    Homeowners see returns slip as home-price growth moderates
    The average homeowner gained $6,400 in home equity in 12 months’ time as of the first quarter of the year, according to the latest CoreLogic data. While on its face that might seem like a solid return for zero work, a brief look at historical gains reveals that, well, maybe not so much.
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  • Homeowners expected to slow their roll on remodeling projects this year

    Harvard study says growth will slow for home improvement expenses in most cities
    Homeowners are still spending money on home improvement projects, but they’ll likely pull back in the year ahead. According to the latest projections from Harvard’s Joint Center for Housing Studies, growth in this category is expected to fall to the lowest rate in three years.
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  • You can now buy your house on Amazon

    Retail giant brings the tiny house trend to the masses – with free shipping, too!
    Some Americans apparently love to fantasize about an extreme downsize that reduces their personal space to the bare minimum and slashes their cost of living to a fraction of what it once was. Hence, the rise of the tiny house trend. Now, Amazon is making this tiny trend possible for any home shopper, offering a number of prefabricated houses on its site – and some are selling like hotcakes.
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  • The annual rate of home price appreciation falls to a 7-year low

    March marks the 13th straight month of slowing home price appreciation
    In March, the average home rose 1% in value from the same time period in 2018, marking the 13th consecutive month of slowing home price appreciation, according to the latest report from Black Knight. The company's Data and Analytics Division President Ben Graboske said the annual rate of appreciation has now fallen to a seven-year low.
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  • Homeownership investment startup Hometap expands into new states

    Now available in 6 states, Hometap can help 20% of U.S. homeowners access their equity
    Homeownership investment startup Hometap has expanded into six states, the company announced Wednesday, making its services accessible to 20% of U.S. homeowners. Hometap founder and CEO Jeffrey Glass said the company aims to help those who are house rich but cash poor gain debt-free access to their home's equity.
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