homebuyers

Major rental-home companies merge as homeownership rate lags

With the rate of homeownership in the U.S. still well below pre-recession levels, two of the country's biggest corporate owners of single-family rental homes in the United States have agreed to a merger.The $4.3 billion deal between Invitation Homes and…

Inventory conundrum: Housing prices up, sales down

Sales of existing homes in the U.S. dropped 1.8 percent in June as prospective buyers continued to struggle in a housing market with record high prices and an acute shortage of supply.The number of houses for sale last month fell…