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Boomers struggled more than millennials to buy their first homes: Realtor.com

Housing Wire

It assumed a 10% down payment and did not factor in property taxes or homeowners insurance. And the youngest millennials (ages 28 to 43 this year) don’t turn 30 until 2026, so there is time for this trend to shift. For millennials turning 30, the typical mortgage payment has averaged only 22.5% of their median income.

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Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

What’s more, operating costs for apartment and SFR (single-family rental) operators are up significantly since 2019 due to higher property taxes, insurance, and payroll costs. JBREC is not forecasting meaningful rent growth until 2026 and beyond, which will make it harder for new project developments to pencil.”

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Real estate industry challenges, change and what to watch in 2025

Housing Wire

In order of least to most impactful, the 2025 list includes the price expectations gap, office vacancies and the tax base, sustainability, artificial intelligence, housing attainability, insurance costs, geopolitics and regional wars, loan maturities and debt repricing, the cost of financing and global and U.S.

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MBA: Originations to Rise Significantly in 2025

Appraisal Buzz

The advance seasonally adjusted insured unemployment rate was 1.3% The advance number for seasonally adjusted insured unemployment during the week ending October 12 was 1,897,000, an increase of 28,000 from the previous week’s revised level—marking the highest level for insured unemployment since November 13, 2021, when it was 1,974,000.