Fox Enterprise’ Darren Botelho and Ashley Webster study why the median age of first-time homebuyers has climbed to 40. Kevin Hassett discusses President Donald Trump’s 50-year mortgage plan.
One of many greatest traits amongst U.S. owners this 12 months is water conservation.
Dwelling listings mentioning WaterSense fixtures — which cut back water use by no less than 20% — soared practically 290% between January and September in contrast with the identical interval final 12 months, in keeping with Realtor.com’s 2025 Hottest Dwelling Developments report launched Tuesday.
“We’re seeing owners prioritize options that make their properties extra environment friendly, resilient, and self-sustaining,” Anthony Smith, senior economist at Realtor.com, stated in an announcement. “Consumers more and more view eco-friendly upgrades as each a way of life selection and a sensible monetary funding — particularly as vitality prices and local weather issues turn out to be a part of on a regular basis decision-making.”
Houses that includes WaterSense fixtures carried a median record worth of roughly $628,000, highlighting their reputation amongst mid- to upper-tier consumers, in keeping with Realtor.com.
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FILE PHOTO: A photograph illustration of water in a transparent glass ingesting glass in West Studying, Pennsylvania, on June 15, 2021. (Ben Hasty/MediaNews Group/Studying Eagle by way of Getty Pictures / Getty Pictures)
The rising concentrate on water-efficient options comes as the price of water has elevated throughout the U.S., placing some cash-strapped households susceptible to falling into “water debt,” in keeping with a Financial institution of America report launched in April.
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“The price of water has elevated considerably throughout the U.S. in current many years,” the report famous. “In reality, water, sewer and trash assortment providers costs have risen at practically twice the speed of total shopper costs.”
FILE PHOTO: Water is seen in a bathroom. (Christof Koepsel/Getty Pictures)
Different sustainability-driven dwelling components had been additionally standard this 12 months.
Mentions of biophilic and indoor-outdoor design, outside low-voltage lighting, net-zero-ready properties, coastal trendy aesthetics and electrical automobile (EV) charging stations all rose considerably in listings, in keeping with Realtor.com
In the meantime, mentions of sure luxurious options noticed declines throughout dwelling listings.
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A ‘For Sale’ signal is posted in entrance of a single household dwelling on Oct. 27, 2022 in Hollywood, Florida. (Joe Raedle/Getty Pictures / Getty Pictures)
Listings referencing infinity-edge swimming pools, formal eating rooms with built-ins, and three-car garages declined 12 months over 12 months, in keeping with Realtor.com.
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“A decade in the past, consumers might need requested about open ground plans or granite counters,” Smith added. “Immediately, they’re searching for EV chargers, high-speed wiring, and houses that may adapt. The definition of what makes a house trendy has fully developed.”
FOX Enterprise’ Daniella Genovese contributed to this report.
