Americans Are Nervous About Buying Homes, But Still Want To

Americans are nervous about buying homes in a difficult housing market but still consider it an important milestone. That’s according to a new survey conducted by The Harris Poll on behalf of homebuilder KB Home. As National Homeownership Month begins, the company sought to understand buyers’ mindsets in the current market. The survey revealed that 4 in 5 adults believe owning a home is an important aspect of their lives. Forty percent of respondents, especially Zoomers (62%) and Millennials (55%), said they think about buying a home at least once a week. The benefits they cited included privacy, long-term financial benefits, and a “place to make memories.” But many struggle to understand the process and associate the homeownership journey with…

Morning Roundup (1/13/2022)– Foreclosure Filing All-Time Low, Mortgage Applications Up

Good Morning! Today is Thursday, January 13. Donald Trump endorsed booster shots and said politicians who hid their vaccination status were “gutless.” Kevin McCarthy, the top House Republican, said he would not cooperate with the House committee investigating the Capitol riot. More than 8,000 unionized employees at Kroger’s King Soopers stores in Denver went on strike on Wednesday. And in mortgage and housing news… Mortgage Applications Up: Mortgage loan application volume rose 1.4% from last week, though refis once again fell, MBA reported. All-Time Low: ATTOM’s Year-End Foreclosure Market Report found foreclosure filings dropped to an all-time low in 2021, down 95% from a peak of nearly 2.9 million in 2010. Forty-Year High: The BLS’s Consumer Price Index reported that…