Cheap rates on existing loans are holding well-off homeowners in place. But others insist they’re unable to buy at today’s high prices — whether rates come down or not, Intel survey data suggests.
Category: homeowners
Renters feel less connected to their neighbors than homeowners
Renters are more likely than homeowners to feel disconnected from their neighbors, according to a Redfin-commissioned survey of 894 renters and 805 homeowners aged 18 to 65.
North Dakota voters reject plan to eliminate property taxes
State officials estimated that Measure 4 would cost North Dakota $3.15 billion in lost revenue over two years. Realtor.com Chief Economist Danielle Hale cautioned that while North Dakota’s property tax system might benefit from reform, eliminating it entirely could create even greater challenges.
Homeowners are staying put twice as long as they did 2 decades ago
The typical homeowner in 2024 has spent 11.9 years in their home, up from 6.5 years in 2005, according to Redfin data.