The WPJ
New Orleans Real Estate News
New Orleans
Baby Boomers Biggest Cohort of U.S. Home Buyers in 2025 as Millennials Decline
In a notable shift in the housing market, baby boomers have surpassed millennials as the largest generational group of home buyers, according to the National Association of Realtors (NAR).
Homebuyer Demand in America Drops to 5-Year Low in Early 2025
According to national brokerage Redfin, U.S. homebuyers currently have the most options available since 2020. However, rising housing costs are deterring many from making purchases, making monthly mortgage payments increasingly difficult.
U.S. Homes Are Selling at Slowest Pace in 5 Years in Early 2025
According to Redfin, U.S. homes are selling at the slowest pace since the pandemic's onset in early 2020, as high mortgage rates and elevated home prices persist.
Multifamily Property Sector in America Rebounding
CBRE's latest research highlights a strong recovery in the U.S. multifamily market during late 2024, fueled by declining vacancy rates and robust demand.
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