America is severely lacking in housing, an issue raised on both sides of the aisle and blamed for the ongoing affordability crisis. But despite big talk of building, very little progress has been made towards addressing supply. That’s according to a new LendingTree analysis of the U.S. Census Bureau Building Permits Survey, which found that…
Location influenced interstate migration after the pandemic, but price moved people the most. According to a new report from LendingTree, the states that netted the most new residents from 2021 to 2022 were cheaper Southern states. Florida and Texas led the pack, netting 249,000 and 174,000 new residents, respectively. “Florida is an often affordable state…
Nearly 5.5 million homes are sitting vacant in the U.S.’s largest metros, but they’re not going to save the housing market. LendingTree analyzed the latest U.S. Census Bureau American Community Survey data to find out what cities have the highest shares of unoccupied homes and why. Their survey found that 5,475,687 housing units are vacant…
As mortgage rates are locking homeowners in their current houses, many are investing in renovations rather than moving. A new survey from LendingTree found that 68% of homeowners started or completed a home improvement project in the last 12 months, while 63% plan to begin one in the next year. Interior painting, landscaping, and bathroom…
Co-buying has gained popularity as Americans search for ways to afford a home. But for all its benefits, it also comes at a cost. A new survey from LendingTree found that 29% of Americans would consider co-buying a home with someone other than a spouse or significant other. That number varies by generation, broken down…
Single women who live by themselves are most likely to own a home than single men in 48 of 50 states, according to a new analysis by LendingTree. LendingTree looked at data from the U.S. Bureau of Labor Statistics and found that women own about 2.46 million more homes than single men. Single women own…
Faced with inflation pressure and rising rates, many borrowers are seeking lower monthly mortgage payments in the form of ARMs or longer terms. But lower monthly payments come with a price. LendingTree analyzed 380,000 loans to determine how much more borrowers with 30-year loans pay than those with 15-year loans. They found that borrowers with…
By CHUCK GREEN Alleged bad behavior and fraudulent activity in the mortgage industry have made news headlines in recent years and despite attempts to get lending leaders to shape up their ships, at least one person who reports on these issues says problems are common, even “rampant.” One of the most recent examples of these…
Despite challenging conditions for first-time homebuyers, Millennials are actively engaging in the housing market, especially in the nation’s largest metros, according to a new analysis from LendingTree. The analysis found that Millennials– people aged 25 to 40 in 2021– make up a majority of homebuyers in most of the US’s largest metros, especially Denver, Seattle,…
Good Morning! Today is Tuesday, January 4. Apple became the first U.S. company to reach $3 trillion in market value. Chuck Schumer threatened to change Senate filibuster rules if Republicans did not allow a vote on voting rights measures. Elizabeth Holmes was found guilty on four counts of fraud related to her failed company, Theranos. And…
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