RISMedia's Daily e-News - Wednesday, June 14, 2023

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Wednesday, June 14, 2023

First-Time Homebuyers Still View Homeownership as Important

Despite the fluctuating housing market this past year, confidence levels remain high with 44% of potential homebuyers, up 12% from the previous year, indicating they are confident they’ll be financially ready to purchase in the coming year...
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Growing Deficit of Middle-Income Homes Unbalances Market

“You may have heard many figures out there—that we need 5 million homes to build to be a balanced market"... More

Mortgage Rates Decline Last Week After a Three-Week Ascent

“Mortgage rates decreased after a three-week climb,” said Freddie Mac’s chief economist. "Inventory continues to be the biggest obstacle"... More

Home-Prices Growth Continues, but Is Slowing

While home prices continued to grow in May, the growth slowed to the lowest rate on record since 2016... More

As of 2022, adult Gen Zers (ages 18-25) account for 14.91% of potential homebuyers across the nation’s 50 largest metros... More

How Top Producers Leverage the Power of Digital Marketing

Word of mouth and referrals, while valuable, can only take you so far in the real estate industry. Digital marketing is no longer new and uncharted territory in the space. It has become a necessary avenue to grow a business, so if you haven’t gotten on board already, you need to...
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Affordability Struggles Persist, With New Challenges Emerging


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