Despite the recent interest rate cuts, U.S. home sales dropped more than expected in September. A new study sheds light on the typical American homeowner now staying in their home much longer and its considerable impact on the housing market. A Growing Problem: Low Supply, Higher Prices Redfin conducted the study and determined that the typical American homeowner has […]
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A quarter of Americans plan to use their stimulus check for housing
Americans are going to receive their first round of stimulus checks this week as part of the government’s coronavirus assistance program, and consumers have already earmarked how they’re planning to spend those funds. According to a survey from personal finance website Creditful, just over a quarter of the 1,000 Americans it surveyed are planning to use their […]