REI INK

2024 State of Homebuying Report

Opportunities, Challenges Await Investors By Joseph Ticchione A new generation has emerged, showing readiness and eagerness to buy despite the recently volatile housing market. Gen Z—born between 1997 and 2012—is eager and willing to purchase their first home, while being more tolerant of relatively higher interest rates than older generations. However, data from ServiceLink’s 2024 State of Homebuying Report (SOHBR) shows Gen Z — and even their slightly older counterparts,

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California’s Quest to Push Housing Even Further Out of Reach

Renting Must be Part of the Solution By David Howard Make no mistake: It is a difficult time for homebuyers right now, and California stands out as one of the nation’s toughest states to buy a home. It’s not just that home prices are hitting an all-time high, and that California features some of the least affordable housing markets in the country. High interest rates mean that even families that

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Nearly 40% of Homeowners Couldn’t Afford Their Home Today

Home Prices Have Doubled Over the Last Decade By Dana Anderson, Redfin Nearly two of every five (38%) homeowners do not believe they could afford to buy their own home if they were purchasing it today.  This is according to a Redfin-commissioned survey of roughly 3,000 U.S. residents conducted by Qualtrics in February 2024. The relevant question was: “If you were looking to purchase a home, do you think you

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Foreclosure Activity Increases in Q1 2024

Bank Repossessions Up 7% By ATTOM Team ATTOM, a leading curator of land, property, and real estate data, released its Q1 2024 U.S Foreclosure Market Report, which shows a total of 95,349 U.S. properties with a foreclosure filing during the first quarter of 2024, up 3% from the previous quarter but down less than 1% from a year ago. The report also shows a total of 32,878 U.S. properties with

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Becoming Successful in Today’s Real Estate Market

Megan Harris is the founder and CEO of Empora Title, a title company based in Ohio that she founded during the pandemic. She has worked in the industry for years before deciding to build her own company and while it happened during a difficult time, it didn’t stop her from creating a successful business that solves problems for real estate professionals across the board. Listen now to learn more about

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The Types of Deals Real Estate Investors Should Be Focused on in 2024

Michael Carrozzella is a loan officer at RCN Capital, but he has an extensive background in real estate investing, dating all the way back to his childhood. He grew up in a family of real estate professionals and that led him to venture into the same space, where he found success in building his portfolio and helping investors grow theirs through RCN Capital. Listen now to learn the best way

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