Average age of first-time homebuyers is 38, an all-time high. Here’s what that says about the real estate market
The typical first-time homebuyer is now 38 years old, a record high, according to the National Association of Realtors.
Year: 2024
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Housing affordability hits voters; cheaper now to rent than to own compared to 2020
CNBC’s Diana Olick joins ‘Power Lunch’ to discuss housing affordability in the key swing states for this presidential election.
China’s debt swap plan won’t help much, rumored real estate fund would have a greater impact: Strategist
Vincent Chan of Aletheia Capital says that China’s planned local government debt conversion is too small from a stimulus point of view, rather the rumored 4 trillion RMB fund to purchase unsold property inventory could help boost confidence in the real estate sector.
US homeowners have record equity
CNBC’s Diana Olick joins ‘The Exchange’ with the the latest homeowner equity numbers.
More homeowners just started pulling cash out of their properties. Here’s why.
While mortgage rates don’t exactly follow the Federal Reserve’s rate, home equity lines of credit, or HELOCs, are tied to it.
Should I pay off my mortgage in retirement? New book tackles big money questions
Retirement planning is filled with big questions. For some retirees, whether or not to pay off their mortgage is one of them.
Halloween kicks off a season of home insurance risks. Here’s what homeowners need to know
Holidays like Halloween can increase the likelihood of certain risks as more people visit your property. Here are three steps to cross off your list this holiday season.
China’s stimulus will definitely’ benefit offshore and onshore bond markets: UBP
Anitza Nip of UBP discusses why China’s recent stimulus measures not only help companies refinance, but also signals that the government has the determination to ensure growth is in the “right direction”.
Pending home sales jump to highest level since March
CNBC’s Diana Olick joins ‘The Exchange’ to discuss the latest housing data.
Pending home sales took an unexpected leap higher last month, but rates have climbed back up
The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.
September pending home sales jumped 7.4% as mortgage rates fell
CNBC’s Diana Olick reports on the latest economic data to cross the tape.
China’s property market is expected to stabilize in 2025 — but stay subdued for years
China’s struggling real estate sector may not start turning around until the second half of next year, even with the latest stimulus measures, analysts predict.