Chester County News and Community Website
IRVINE, CA — Home sellers in 2024 saw their profit margins decline for the second consecutive year, even as national median home prices climbed to another record high of $350,000, …
Home Sellers Beware: Is Your Biggest Payday Slipping Away? New Report Reveals Shocking Market Shift Read More
SEATTLE, WA — In June, the typical down payment for U.S. homebuyers reached a new record of $67,500, marking a 14.8% increase from $58,788 the previous year, according to a recent …
Sky-High Down Payments Hit Homebuyers’ Wallets: A Record-Breaking Shockwave Read More
WASHINGTON, D.C. — In a move to enhance accessibility, the U.S. Department of Housing and Urban Development (HUD) has announced the availability of translated versions of 19 single-family mortgage documents …
HUD Expands Language Access for FHA Mortgage Documents Read More
WASHINGTON, D.C. — The U.S. Department of Veterans Affairs announced significant changes to its home loan program, allowing eligible Veterans, active-duty service members, and surviving spouses to pay for certain …
VA Updates Home Loan Rules to Help Veterans Compete in Housing Market Read More
SEATTLE, WA — In a housing market grappling with higher mortgage rates, a segment of homeowners stands resilient. According to recent findings from Zillow®, older homeowners, particularly baby boomers in …
Boomers Lead the Charge in Overcoming Mortgage Rate Lock, New Research Shows Read More
SEATTLE, WA — A recent report from Redfin has revealed a startling trend among U.S. homebuyers – the median down payment increased by 24.1% to $55,640 in February, marking the …
U.S. Homebuyers Dig Deep: Unprecedented Hike in Down Payments Uncovered Read More
SEATTLE, WA — The U.S. housing market showed signs of renewed vigor as new listings rose 13% in the four weeks ending March 3, the largest increase in nearly three …
Report: New Home Listings Surge as Inventory Begins to Recover Read More
SEATTLE, WA — The traditionally celebrated Spring home-shopping season might witness an encore if mortgage rates dip, according to the latest insights from Zillow®. A detailed study of 2023 home …
June Emerges as Golden Window for Home Sellers as Mortgage Rates Influence Seasonality: Zillow Reports Read More
The dream of owning a home in America has become significantly more expensive. Since 2020, income levels needed to comfortably afford a home have surged by 80%, outpacing the median …
Soaring Home Prices Outpace Income Growth, Redefining Affordability Read More
In a recent study, Zillow Research has revealed that millions of people, particularly Black families, are unable to become homeowners due to a lack of credit access. This forces them …
Zillow Research Highlights Credit Insecurity Barrier to Homeownership, Particularly for Black Families Read More