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Square Footage Shrinks in Response to First-Time Homebuyers
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The average home built in 2016 was 2,634 square feet, smaller than homes built the year prior, per recent data by the U.S. Census Bureau. The downsize, according to the National Association of Home Builders (NAHB), is in response to first-time homebuyers. "The data on new home characteristics show a pattern...
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Apartment Rents Fall in December
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Apartment rents, on average, fell by $4 in December to $1,210, according to data compiled from 123 markets recently released in a report by Yardi® Matrix. "As we have stressed in recent...
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MBA: Mortgage Apps Rise, Refis Fall
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Mortgage applications rose 5.8 percent over the week, according to data gathered in the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. The MBA's Refinance Index...
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Even High Earners Struggle to Save |
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A considerable percentage of Americans lack the savings needed to cushion against a surprise expense, even with enough income to save, according to a recent report by Bankrate.com. Approximately 60 percent of those surveyed do not have enough savings for a $1,000 emergency...
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