Financially stressed homeowners are delaying essential repairs
A study found that 71% of homeowners have postponed at least one home project in 2025, and 60% are actively delaying essential maintenance.
Homeownership
Auto Added by WPeMatico
Renters are moving more than homeowners, but US mobility is historically low
In 2024, just 11% of Americans changed their address, down from 14.3% a decade earlier and nearly half the rate of the 1960s.
Ohio moves to tie property tax increases to inflation
Legislators said safeguards were added to prevent local governments from cutting millage only to restore it later after raising other taxes.
Home seller profits down in most metros despite record sale prices
Profit margins declined in nearly 59% of the 157 metro areas analyzed and dropped year over year in more than 84% of them.
1 in 5 Gen Z adults say housing affordability is top life concern
Despite these challenges, 67% said homeownership is an important lifetime goal and 69% view real estate as a way to build wealth.
CrossCountry Mortgage raises conforming loan limit to $819,000
CrossCountry Mortgage raises its conforming loan limit to $819,000, ahead of FHFA’s 2026 limits, to empower prospective homebuyers.
Homeowners cashing in with ‘Airbnb for anything’ rentals
Homeowners are turning underused private spaces into sources of income — renting out pools, backyards, and home gyms by the hour.
Property tax, mortgage relief package introduced by Ohio lawmakers
Senate Bill 255 would allow qualifying homeowners to apply for up to $3,000 per year in grants to help cover monthly housing costs.
Homeownership among Black Americans drops to 4-year low
Results were down roughly 1.5% from this time last year and marked the steepest annual decline since the third quarter of 2021.
The next generation of homebuyers is ‘overloaded’ and confused
Less than half of survey respondents could correctly answer basic questions about interest rates, credit scores and retirement savings.