Recent News

Heading into the spring house-hunting season, inventory remains tight and affordability continues to worsen. The number of starter and trade-up homes on the market nationwide has dropped by 43.6% and 41.0%, respectively. Meanwhile, buyers will need to spend between 2-6% more of their income towards a home purchase than in 2012. In turn, this builds a higher barrier to entry for first-time buyers to become homeowners, and for existing homeowners to trade up – thus creating gridlock between housing segments. Read the article.