The agents fueling Charlotte’s real estate boom

Charlotte, North Carolina, has emerged as a major player in the Southeast U.S. real estate scene with its rapid growth and increasing appeal to homebuyers. While it hasn’t reached the trillion-dollar mark in residential real estate value held by cities like New York and Chicago, Charlotte’s market h

Baby boomers are most active in these housing markets

Baby boomers are a key constituency for the reverse mortgage industry since they are currently the generation with the largest share of the population at or above the age of 62. A recent SmartAsset analysis of 2023 Home Mortgage Disclosure Act (HMDA) pinpointed where boomers are most active within t

The U.S. Median Income Rose to $80,610, but Home Values Are Also Soaring—and It’s Not Always Cheaper To Rent

Getty ImagesAmericans’ incomes have risen for the first time in four years, according to the U.S. Census Bureau. That’s good news for workers, but not necessarily for homebuyers.Median household income rose to $80,610 in 2023, essentially the same as it was at its pre-pandemic peak in 2019. That rep

The fall housing market could see hotter competition, Zillow says

Lower mortgage rates over the past several months have led to increased affordability for prospective homebuyers, and this could lead to an extra competitive fall 2024 season.That’s according to a Zillow report released Thursday in which the Seattle-based real estate company said that “lower mortgag