Trends
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Many buyers entered the housing market for the first time in 2023. But who were these first-timers, and what did their homebuying experience look like?
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Location, location, location … at least that’s how the old real estate adage goes, right?
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Roughly 2.8 million millennials moved across state lines in 2022 — and a huge chunk of them moved into Texas, according to a report from StorageCafe.
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Home might really be where the heart is. According to a new Zillow survey, 42% of recent homebuyers reported finding love after buying their new home.
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Declining interest rates spurred the increase.
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Notably, renovators are less likely than they were a year ago to undergo kitchen modifications for the purpose of improving the home’s resale value.
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Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.
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How will our homes evolve in the new year?
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Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.
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Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.
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Among the top upgrades: large showers.
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Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.
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The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.
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Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.
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BrokeScholar examined population growth in 150 U.S. “college towns” — defined as cities with at least one major public or private university.
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A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue.