The Typical Homeowner Earns About 85% More Than the Typical Renter—but the Largest Gaps Aren’t Where You Might Expect

The entry into homeownership is proving to be more challenging for renters, many of whom are spending a large portion of their incomes on monthly rents. The typical homeowner earns about 85% more than the typical renter, according to new research from the National Association of Realtors®. It found

Builders gut check what buyers may like vs. what they’ll pay for

As home sizes shrink and a new mega-generation ages into the homebuying market, homebuilders may have to rethink certain aspects of home design.  With affordability the main issue for buyers, builders are now working to maximize space with functional design over flash. Buyers are still largely drive

L.A. To Offer ‘Pre-Approved’ Home Designs To Speed Up Pacific Palisades Rebuild

Los Angeles will fast-track a set of "pre-approved" home designs to speed the rebuilding of Pacific Palisades and other areas after last year's wildfires. Mayor Karen Bass announced Tuesday that the city was expanding a pilot program of preset home plans, working with architect The Foothill Catalog

Existing-Home Sales See Spark in ‘Potential’ Pre-Spring Buying Preview

Ahead of the much-awaited spring season, existing-home sales have seen a modest improvement that has been characterized as a “potential” sign of increasing demand, according to the latest data from the National Association of Realtors® (NAR). NAR’s Existing-Home Sales Report saw a 1.7% increase in s