WellSpring Real Estate LLC

07/07/2026

A third of Gen Xers still rely on their parents financially, yet this generation accounts for 25% of all recent home purchases, snapping up large properties with a median household income of $125,000.

06/06/2026

https://www.facebook.com/share/18zgXWYa4n/

America's housing crisis didn't start with the unaffordable starter home. It started with the disappearance of the starter rental. The number of rentals priced under $1,400 fell by 9.3 million units from 2014 to 2024, while units renting for $1,400 or more increased by 11.8 million, according to Harvard's Joint Center for Housing Studies.

02/24/2026

https://www.facebook.com/share/p/1KT27dx5fb/

San Diego County is auctioning 686 tax-defaulted properties online from March 13–18, with registration open until March 3. The parcels, delinquent on taxes for at least five years, include 70 improved properties, 66 vacant lots, and 550 timeshares.

Bidders must submit a $1,000 refundable deposit plus a $35 processing fee (some properties may require more). Property owners can stop a sale by paying all outstanding taxes and fees by 5 p.m. on March 12. Nearby Riverside County is also auctioning nearly 1,000 properties this year, with starting bids as low as $100.

02/13/2026

https://www.facebook.com/share/p/1B7DEDh3ez/

Homeowners in three Maine cities can receive up to $10,000 to build an accessory dwelling unit under the ADU Boost Pilot Program, aimed at easing the state’s housing shortage. The grants cover up to 10% of eligible costs and are designed to help residents add rental income and age in place.

01/26/2026

According to Realtor com ....The “2026 is the new 2016” trend has buyers nostalgic, but the housing market looks very different today. The median home price has risen from $233,800 in 2016 to $414,400, inventory is down by about 470,000 homes, and mortgage rates have climbed from 3.7% to 6.6% in 2025. Affordability pressures have pushed the median first-time buyer age to 40, up from 32.

11/21/2025

74% of Americans want to age in place, but many boomer-owned homes may not be ready to meet the demands of in-home care and accessibility.

11/14/2025

We have to do better. https://www.facebook.com/share/17JVifeRwU/

By the numbers: New Orleans homeowners are third-most 'house poor' in nation, analysis shows https://www.nola.com/news/business/new-orleans-third-most-house-poor/article_d6ffa83e-e55a-4d4a-9e6c-c16645413cf7.html?utm_campaign=trueanthem&utm_medium=social&utm_source=facebook

New York City and a Miami suburb are the only cities where buying a house is a larger burden.