Homeownership costs remain less pricey than renting

Despite the recently tightened affordability of homeownership, buying a home is still a better financial option than renting in more than half of U.S. markets, according to Attom Data Solutions’ 2022 Rental Affordability Report. Owning a median- priced home costs less than the average rent for a three-bedroom property in 58% of the 1,154 U.S. […]

Get ready for the Sun Belt markets to keep shining

It appears that the lack of available and affordable housing is affecting every portion of the homebuying public these days — even the super wealthy. That is the word from South Florida, where there is a shortage of homes in the $25 million to $50 million range. Larbi Benslimane, managing director of Miami-based Leste Credit, […]

Owner-occupancy rates rise with online auctions

As more U.S. properties gradually reach the foreclosure stage in 2022, technology-enabled transparency will ensure that the bulk of these distressed assets are sold to community developers and investors. This in turn will allow for responsible rehabilitation of these homes so that they can be converted into quality, affordably priced properties — primarily for owner-occupants. […]

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