ATTOM Finds Profit Margins, Homeownership Tenure, Cash Sales Up

ATTOM, Irvine, Calif., released its third-quarter 2023 U.S. Home Sales Report, showing profit margins on median-priced homes are up from the second quarter, along with other metrics such as homeownership tenure and cash sales.

Small Mortgages Lacking, Pew Says

The Pew Charitable Trusts, Philadelphia, found small mortgages to purchase low-cost homes–defined as those priced below $150,000–have become increasingly scarce.

Matthew Covi of Chimney: Is Homeownership Still the American Dream?

Buying (and now owning) a home can be a challenging endeavor. Our journey started with a year-long search for the right home. We then went through a stressful six-month renovation. And as sticker shock set in, we ended up needing to take out a HELOC to pull it all off. It was by far the biggest investment I’ve made in my life so, of course, the experience had its ups and downs.