Analysis: 2021 price increases were “eye-popping,” and in one year. NEW YORK – Home values in the U.S. gained a record $6.9 trillion in 2021,
A panel of brokers from across the country shared views on market changes and their expectations. For one, this spring season won’t be a usual
Year-to-year, sales declined 2.4%. NAR’s chief economist calls it a “double whammy” for buyers who face rising mortgage rates and sustained price increases. WASHINGTON –
Thanks to tight inventory and competition from institutional investors, more first-time buyers set their sights on larger homes with lots of backyard space. NEW YORK
Second homes are becoming more expensive, and house hunters should examine interest rates, upfront fees, maintenance charges and taxes when calculating the cost. Demand for
The expected interest-rate increase will raise short-term borrowing costs for things like credit cards, and it often has an indirect impact on mortgage rates. WASHINGTON
A Redfin survey of agents found all-cash offers 334% more effective in bidding wars – but escalation clauses and waiving inspection contingencies had little impact.
Owners who postponed selling during the pandemic – perhaps waiting for a sign that price increases were slowing – appear ready to list their home
Last week, a 30-year, fixed-rate loan averaged 3.76%; two weeks ago, it was 3.89%. Increases are still expected long-term, but the short-term? Not as clear.
In a handful of U.S. metros, studies say it’s cheaper right now to rent – but those studies assume renters must take any savings and
American price pain isn’t limited to the gas pumps and grocery stores. The cost of rent is surging to new peaks as well, posting its
If you pay for a title search, why do you also need title insurance? And if I’ve never heard of anyone that had a title