With the holidays arriving, 83% of Americans are decorating for the festivities, according to Lombardo Homes. The new-construction company is unwrapping all the stats surrounding Americans’ and their holiday cheer.
The post Deck the halls: Unwrapping 2023’s Christmas decorating stats appeared first on Atlanta Agent Magazine.
New homebuyers must make an average of $115,000 to afford the average U.S home, according to studies from Redfin. That’s about $40,000 more than the typical American earns.
The post Exorbitant home prices and mortgage rates are highest ever recorded appeared first on Atlanta Agent Magazine.
Around 70% of new homebuyers will be Hispanic by 2040, according to projections from the Urban Institute. Based on the 2020 Census data, Hispanics are the quickest growing demographic in the U.S. However, with rising interest rates and escalating home prices, affordability issues are appearing for young Hispanic homebuyers.
The post Likely increase in first-time Hispanic homebuyers appeared first on Atlanta Agent Magazine.