Published by CNBC | August 2, 2024 More than 1 in 4 homeowners with mortgages are considered “cost-burdened,” according to a 2023 analysis by the Chamber of Commerce. Record inflation may have people questioning whether homeownership is still a good investment. Home prices have been rising faster than incomes, which can be a problem for …
Published by REALTOR.com | July 31, 2024 Would-be homebuyers are getting increasingly savvy when it comes to buying a house as mortgage rates continue to hover around 7%. One way is through home loan assumption—which means the buyer takes over the house’s original mortgage (and interest rate) upon purchase. But, the loan can be assumable …
The States With the Highest Number of Assumable Mortgages—and How To Get One Read More »
Published by REALTOR.com | July 24, 2024 Evictions are surging in some of the most popular COVID-19 pandemic boomtowns for one simple reason: The rent is too high. Nearly two years after the federal government lifted COVID-19 pandemic-era eviction moratoriums, evictions are surging in some of the most popular boomtowns for one simple reason: The …
Evictions in Pandemic Boomtowns Are Surging as Rents Rise Read More »
Published by FOX Business | July 24, 2024 Tiny homes can range between 300 and 750 square feet The housing affordability crisis that continues to trouble would-be homebuyers is sparking an increase in demand for tiny homes. In response to this demand for more affordable properties, an innovative tiny home community called Mustard Seed Village …
Demand for Tiny Homes Spikes as Housing Affordability Crisis Continues Read More »
Published by Business Insider | July 20, 2024 REITs offer investors a liquid way to profit from real estate, without management hassles. Here’s how they work and ways to invest. A real estate investment trust (REIT) allows people to invest in real estate without having to buy or manage any property themselves. Given that landlord …
REITs Are a Way to Invest in Real Estate Without Buying Real Estate Read More »
Published by REALTOR.com | July 22, 2024 Cash was king during the hypercompetitive pandemic years as investors swooped in on the housing market with wads of cash. Now, the tide is turning. The share of investors purchasing homes with cash fell to 64% in the first quarter of 2024, according to a recent Realtor.com® report. …
Published by FOX Business | July 19, 2024 New Biden admin plan penalizes corporate landlords who raise rent more than 5% each year Billionaire real estate mogul and former Democratic gubernatorial candidate Jeff Greene sounded off on President Biden’s “completely ridiculous” plan for national rent control, warning that it stunts new buildings and fair prices. …
Published by REALTOR.com | July 16, 2024 The combination of high list prices and elevated mortgage rates means owning a home now costs nearly twice as much as it used to. Scraping together enough money to buy a home can seem like a fruitless endeavor, especially in today’s housing market dominated by high mortgage rates …
The Salary Needed To Afford a Home Has More Than Doubled Since Before the Pandemic Read More »
Published by REALTOR.com | July 12, 2024 President Sparks Confusion With Vow To Crack Down on Rent Hikes at NATO Press Conference President Joe Biden appeared to announce new plans to crack down on rent hikes at his press conference following the NATO summit in Washington, DC. During the wide-ranging press conference, Biden sought to …
Published by Forbes.com | July 7, 2024 If you’re selling a property, you’ll want to evaluate the highest and best value, which can lead to the highest selling price. If you’re selling a property, one of the first questions you’ll want answered relates to the value of the property. When you know an estimate for …
FORBES: How To Determine The Highest And Best Value For Your Property Read More »
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