Jeff Ostrowski
Writer and Housing Market Analyst at Bankrate
Business Reporter at Commercial Observer
Writer and housing market analyst @Bankrate | Alum @pbpost, @UofIllinois | Officer @nareenews | Author of "How to Buy a Home in a Miserable Market" on Kindle.
Articles
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4 days ago |
telegraphherald.com | Jeff Ostrowski
Homes are acutely unaffordable, a reality that’s pushing stressed-out buyers to consider fixer-uppers. While older homes might offer bargains upfront, there’s a catch: Aging properties saddle owners with maintenance costs that squeeze budgets and test patience. Homebuyers need nearly $117,000 in household income to afford a home, so buying an older one that needs work isn’t necessarily an ideal solution. America’s housing stock is graying.
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6 days ago |
commercialobserver.com | Jeff Ostrowski
Oak Row’s 500-Unit Tower Wins Support From Miami Historic Board Erik Rutter and David Weitz of Oak Row Equities.
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1 week ago |
heraldcourier.com | Jeff Ostrowski
Homes are acutely unaffordable, a reality that’s pushing stressed-out buyers to consider fixer-uppers. While older homes might offer bargains upfront, there’s a catch: Aging properties saddle owners with maintenance costs that squeeze budgets and test patience. Homebuyers need nearly $117,000 in household income to afford a home, so buying an older one that needs work isn’t necessarily an ideal solution. How old are America’s homes? America’s housing stock is graying.
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1 week ago |
dailynews.com | Jeff Ostrowski
The median age of owner-occupied homes nationally climbed to 41 years old in 2023, up from 31 years in 2005, according to the U.S. Census Bureau. (Dreamstime/Dreamstime/TNS) PUBLISHED: May 4, 2025 at 3:00 AM PDTBy Jeff Ostrowski, Bankrate.comHomes are acutely unaffordable, a reality that’s pushing stressed-out buyers to consider fixer-uppers.
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1 week ago |
bankrate.com | Jeff Ostrowski |Michele Petry
Price reductions. Sparsely attended open houses. Homes languishing on the market as the weeks turn to months. While the U.S. housing market continues to achieve new price records at the national level, some formerly hot corners of the country have experienced slowdowns over the past couple of years. Sun Belt states — which saw an impressive growth spurt during the pandemic — still boast strong job markets and continued population growth, but home prices are cooling.
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Buyers are considering older, more affordable homes as a viable option. But buyers should keep their eyes wide open: Fixer-uppers can stretch your finances and fray your nerves. https://t.co/CXEJbCwZ3I
Announcing @Bankrate’s new Data Center, a trove of data about the economy and mortgage rates. This resource is designed to support academics and industry professionals. https://t.co/uxmeeFkhfC
The recent spate of market volatility makes it tougher to stomach, but keeping money in the market is better over the long term than paying off the mortgage. More here: https://t.co/6l6cfUsjzC