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It is no longer just millennials propelling interest in walkable communities. Members of the silent or greatest generation, those born before 1944, also prefer smaller homes in neighborhoods with easy walks to shops and restaurants.
Despite steady job creation, record stock market gains and faster economic growth in recent months, new consumer findings show that a smaller share of households believe that now is a good time to buy or sell a home.
FCC’s rollback of the Open Internet Order will mean higher costs and slower service for millions of American consumers and businesses. REALTORS® have strong concerns about what that might mean for the way consumers search for homes online and real estate is transacted.
An overwhelming majority of homeowners would take advantage of the mortgage interest deduction and state and local property tax deductions if they were to purchase a new home, and a notable share said that the proposed changes to these tax incentives would affect their budget and desire to move in the future.
While America’s homeownership rate continues to hover around a 50-year low, experts at an NAR and S&P Global joint event today said there is a clear path to improving the landscape for homeownership.