Browsing Tag:Innovation

Looking for a Newly Constructed Home? You Have Good Timing

By Clare Trapasso | Nov 27, 2017 After several years of a frenzied housing market characterized by many more home buyers than sellers, builders may finally be taking note. The number of newly constructed homes for sale and sold shot up 6.2% from September to October, according to the seasonally adjusted numbers in a joint report by the U.S. Census Bureau and U.S. Department of Housing and Urban Development. They jumped 18.7% annually. (realtor.com® looked only at the seasonally adjusted numbers in the report. These have…

Here’s how long it would take for millennials to buy a home in every US state

By Emmie Martin   Millennials aren’t becoming home owners as quickly as their predecessors. One major reason: They simply can’t afford it. In pricey states such as Hawaii or California, saving up to buy a home could take millennials up to a decade. However, in other more affordable locations, such as West Virginia and Ohio, the process can take as little as two and a half years. That’s according to new data, which identified the most and least affordable states…