The mortgage lock-in effect varies geographically for the simple reason that more recent mortgage loans exist in areas with stronger home sales. This article explores how the lock-in effect varies by geography.
Every year, the National Association of Realtors surveys its membership on a variety of demographic and business characteristics and publishes the results in the NAR Member Profile. This article provides an overview of some of the key demographics the profile reveals.
As more severe climate events hit more areas of the country, the calculus of purchasing a home is changing for homebuyers across the US. Climate events are increasing two essential costs of owning a home – homeowners’ insurance and property taxes. This article specifically examines the growing impact of climate risk on real estate homebuying and selling.
