Is Homeownership Hindering Other Financial Goals?

Debt is causing delays, but growing home values and demand are creating opportunities

Homeowners have a variety of practical goals — from renovating to growing their retirement savings — that are often sidelined by mounting expenses like credit card debt, especially as they financially recover from the COVID-19 pandemic. If they’re willing to cash in on record-high home equity, however, these achievements may be within reach.

Pandemic Creates a Surge in Home Renovations

Social distancing prompts DIY projects and home repairs

As travel, events, and dining came to a halt in spring and into summer of 2020,  homeowners have found themselves using their spare time to focus on their homes and yards. While lots of people are talking about DIY projects, many are putting their money where their mouths are. Check out some of the popular trends happening around home renovations today! 

 

House-Rich, Cash-Poor

Millennials and boomers are feeling the debt stress

Can you afford to own a house and have a life? We surveyed millennials and baby boomers to understand their differences and similarities in homeownership. View the infographic to see what factors are causing American homeowners to be house-rich and cash-poor.

Portrait of a Boston Homeowner on the Move

Love It or Leave It: Why Boston Homeowners Stay or Go

With rising property values, the Boston home-buying landscape is more dynamic than ever. Check out this infographic to understand who is buying properties in Boston and why, plus what’s motivating others to leave the state.