Rising costs of childcare hits families’ housing budgets, Freddie Mac says

Freddie Mac has warned that the rising cost of childcare services in the U.S. could force many low-income earners to put off their plans for homeownership. In a new analysis published this week, Freddie Mac officials reported that U.S. childcare costs have risen by an average 49% over the last 25 years, while the cost

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Research shows iBuyers typically cost sellers 13% to 15% more

Consumers who choose to use an iBuyer to sell their home often end up paying much higher fees than they would have if they’d gone with a traditional real estate agent, according to new research from Collateral Analytics. iBuyers are companies that provide instant cash offers and quick closings on a home, which can be

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Trump’s new China tariffs make home remodeling more expensive

Home remodeling projects could become much costlier following U.S. President Donald Trump’s decision to slap more tariffs on Chinese imports. The problem is that the extra costs are likely to be passed onto clients, CNBC reported. Products including counter tops, laminates and lighting are often manufactured in China, and about 450 in total, worth around

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Costs of owning a home rapidly outpace the cost of renting

The rise in home prices means that the cost of homeownership is outpacing that of renting in more markets, with values rising almost three times as much as rents in some areas.

Rental prices increase across the U.S. as demand continues to grow

Apartment listing service RentCafe.com has updated its monthly rent report , showing that the national average rent has increased 2.9 percent in June to cross the $1,400 mark.

Lumber prices, labor shortages and growing regulations hold back construction

A staggering 90 percent of home builders say the affordability of new properties is being hampered by rising lumber prices.

Vacant homes cost cities millions in reduced tax revenues and property values

The number of vacant buildings in some American cities has reached “epidemic levels”, according to a new study by the Lincoln Institute of Land Policy.

Facebook could relocate away from Silicon Valley due to high housing costs

A senior Facebook executive has hinted at the possibility of the social media giant relocating its headquarters away from Silicon Valley due to the expensive cost of housing in the area.

Sellers spend an average of $18,000 to sell their homes

Selling a home in the U.S. costs an average of $18.342 according to a new study on the hidden costs of selling carried about by Zillow and Thumbtack.

Rural residents can’t afford to move to the city, study finds

Rural Americans are increasingly staying put. The finding was the highlight of a University of Chicago study that found the overall mobility of the U.S. population has fallen to its lowest level, and by almost half since its peak in 1985.

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