Thursday, December 7, 2023 | The Latest Buzz for the Appraisal Industry

Few Renters Expecting to Purchase a Home Anytime Soon

By Tory Barringer

In a survey of more than 2,000 American adults, 61 percent of renters said they don’t plan to purchase a house at any point in the next three years, Freddie Mac said Monday. When asked why they expect to keep renting for the near future, half of respondents said they can’t afford to make a down payment for a mortgage, while 38 percent said they can’t afford a monthly mortgage payment.

The post Few Renters Expecting to Purchase a Home Anytime Soon appeared first on theMReport.com.

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Mark Buhler

The Surfing Appraiser

Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of

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Timothy Andersen, MAI, MSc., CDEI, MNAA

“Naked, Unarmed, and Alone?”

Question: “My state board recently charged me with authoring a misleading report. I got the client to write a letter to the state indicating my

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