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Housing
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News
Home buyers in Sun Belt cities feel the heat of rising prices
By
Mike Wheatley
| May 9, 2022
Housing
,
News
More than two-thirds of Americans say now is a bad time to buy a house
By
Mike Wheatley
| May 8, 2022
In one of the most unsurprising poll results seen this year, when a house is on the agenda, a record majority of Americans have indicated they believe now is most definitely not a good time to buy a home. Gallup’s annual Economy and Personal Finance poll found that just 30% of Americans currently believe now […]
Housing
,
News
Despite higher costs, home remodeling projects go ahead
By
Mike Wheatley
| May 6, 2022
Home improvement projects have gotten more expensive due to forty-year high inflation and ongoing supply chain problems, but people aren’t giving up. A new survey of 1,000 homeowners by Nationwide shows that while 71% of homeowners who have projects planned are faced with higher costs, limited availability of materials and delays, most will still go […]
Housing
,
News
U.S. Home affordability hits worst level since 2006
By
Mike Wheatley
| May 5, 2022
With home prices still making double-digit gains and mortgage rates now at their highest level since 2009, Americans are facing the worst home affordability in 16 years. Now, almost all housing markets in the U.S. are less affordable than they have been historically, with affordability close to its lowest-ever point on record. Black Knight, a […]
Housing
,
News
Redfin settles digital redlining case out of court
By
Mike Wheatley
| May 4, 2022
The online real estate brokerage Redfin has agreed to pay $4 million to settle a discrimination lawsuit out of court. The lawsuit alleged that the company failed to provide its brokerage services to homes that were listed below a specific price, a practice known in the industry as “digital redlining”. By settling out of court, […]
Housing
,
News
Demand for adjustable rate mortgages doubles
By
Mike Wheatley
| May 1, 2022
Demand for adjustable-rate mortgages is soaring. The share of mortgage applications with ARMs more than doubled last week compared to three months ago, according to a report by the Mortgage Bankers Association. Unlike the more popular fixed-rate mortgage, ARMs start at one rate and then fluctuate after a set period of time. Buyers can lock […]
Housing
,
News
NAR says U.S. real estate market is normalizing, giving hope to buyers and renters
By
Mike Wheatley
| April 29, 2022
Economists say the residential real estate market is showing signs of “normalizing”, giving hope to hard-pressed buyers who have increasingly found themselves priced out of a market characterized by soaring home prices and low inventories. In March, pending home sales fell for the fifth consecutive month, the National Association of Realtors reported this week. Only […]
News
Kindred Home Swapping Network Aims to Make Travel a Way of Life
By
Mihaela Lica Butler
| April 27, 2022
Kindred home swapping network is for property owners with a passion for travel who either want to swap homes or host while away.
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