Foreclosure activity has increased by 13.9% compared to the previous year.
ATTOM’s April 2025 U.S. Foreclosure Market Report According to ATTOM’s April 2025 U.S. Foreclosure Market Report, there were a total of 26,033 U.S. properties with foreclosure filings in April. This figure is up 0.4% from March and up 13.9% from a year ago. In addition, lenders repossessed 3,580 properties as REOs in April – up […]
Record High Number of House Sharing Households Reported
The Rise of House-Sharing: A Growing Trend Among All Age Groups According to recent research from the NAHB’s Eye on Housing, a record-high 6.8 million households shared their housing with unrelated housemates, roommates or boarders in 2023. Interestingly, they point out that the number of households sharing housing with nonrelatives had been rising steadily since […]
The appeal of McMansions to Americans
Why Do Americans Love McMansions? A recent report on CNBC delves into the question of why Americans are so drawn to McMansions. These large homes first gained popularity in the 1980s and have continued to be in demand as buyers seek spacious residences with various amenities. Despite criticisms of their construction quality and design, McMansions […]
The way in which Americans allocate their finances
The Impact of Consumer Spending on U.S. GDP The Visual Capitalist says consumer spending represents 68% of U.S. GDP, with much of this used for housing, transportation, and healthcare costs. Today’s graphic shows the average annual expenditures of Americans, based on data from the Consumer Expenditures Survey 2023 by the Bureau of Labor Statistics. Stay safe […]
Wealthy home buyers are increasingly embracing the concept of rent-to-own.
Affluent Home Buyers Using Rent-to-Own Deals A recent report in the Wall Street Journal (reposted on Realtor.com) says real-estate agents are reporting that affluent home buyers are using rent-to-own deals to finance their homes. Interestingly, they say rent-to-own transactions offer well-to-do buyers substantial benefits such as (in new construction) the ability to discover construction defects […]
The states with the fastest growing populations Top 15 states experiencing rapid population growth Fastest growing states in terms of population increase
Top 15 Fastest Growing States We’ve seen a lot of recent posts about where people are moving to & from. Today’s graphic from Realtor.com shows us the top 15 states with the fastest growing populations. They say last year the U.S. saw its population surge at its highest rate since 2001, overwhelmingly driven by an […]
Should you buy or rent in 2025?
Is it Better to Buy or Rent in 2025? Is it better to buy or rent? That’s an age-old question that really depends on a lot of variables – especially an individual’s station in life. According to their 2025 Rental Affordability Report, ATTOM says both owning & renting remain difficult for average U.S. workers, commonly […]
Does a resident of your hometown participate in Super Bowl 59?
Super Bowl 59 Preview: Kansas City Chiefs vs. Philadelphia Eagles This Sunday, February 8th, the highly anticipated Super Bowl 59 will take place in New Orleans, LA. The Kansas City Chiefs and Philadelphia Eagles will face off in a battle for the top NFL crown. Are you ready for the super deluxe happy fun bowl? […]
AAA forecasts that nearly 120 million people will be traveling over the Christmas season.
American Automobile Association (AAA) Holiday Travel Forecast The American Automobile Association (aka AAA) says that over 119 million people will be traveling this holiday season –a record number. In addition, AAA expects nearly 117 million people will drive to their holiday destinations. AAA calculates the holiday season from Saturday, December 21 to Wednesday, January 1. […]
Investment in student housing construction is expected to increase in the third quarter of 2024.
NAHB Eye on Housing Report: Student Housing Construction Investment on the Rise A recent report from the NAHB’s Eye on Housing reveals that private fixed investment in student dormitories increased by 2.2% to a seasonally adjusted annual rate (SAAR) of $3.9 billion in Q3 of 2024. The report highlights the rebound in private fixed investment […]