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How to reach the growing segment of Hispanic American homebuyers in 2023

Housing Wire

By 2030, this growing sector will represent an estimated 56% of all new homeowners. Even with the introduction of more digital tools to provide home buyers with a technology-enabled user experience, Spanish-speaking borrowers often encounter obstacles to homeownership during the lending process. Across the U.S.,

Lending 376
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Black Americans still face massive housing barriers

Housing Wire

The fact that Black buyers report earning more money and making more financial sacrifices to enter the homeowner class is one example of how difficult it is for Black people in this country to achieve the American dream.” “Homeownership is closely tied to the American ideal of freedom, and specifically financial freedom.

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Will Home Values Hold?

Eppraisal

Needless to say, a small pool of buyers is going to make for anxious sellers. The Expense of Home Financing Banks and finance companies make their profits by putting a price tag on the money they lend. Bureau of Labor Statistics expects nearly 12 million jobs to be added in the decade between 2020 and 2030.

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The Retirement Trifecta

Housing Wire

The massive age wave is cresting over the next three years, and by 2030 all boomers will have turned 65. These critical needs are the fundamentals of retirement planning, and “Peak 65” demographics will largely reshape housing, real estate and lending for decades to come.

Realtors 379
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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. This suggests homes – while far fewer for sale than in recent years – are quickly being scooped up by those few available buyers. from July and up a mere 0.7%

Finance 68
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Opinion: More can be done to shorten the average time to close

Housing Wire

Hopeful their initial offer might be accepted or that they might beat out other potential buyers. It doesn’t lend itself to a 24-hour cycle. Real estate will look different in 2030, perhaps even in 2024. Then, they think about the mortgage : a good rate, good monthly payments, and approval. Then, they might become hopeful.

HOA 431
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Opinion: More should be done to shorten the average time to close

Housing Wire

It doesn’t lend itself to a 24-hour cycle. Those realities don’t even contemplate the numerous headaches and delays that come with identifying and dealing with multiple HOAs or the project management skills required to coordinate the Realtor, buyer and seller alike. Real estate will look different in 2030, perhaps even in 2024.

HOA 412