The Price Per Square Foot of an Average U.S. Home Has Jumped More Than 50% Since 2019

Published by REALTOR.com | June 5, 2024 The latest monthly housing report from Realtor.com® reveals that the typical listed price per square foot grew by a whopping 52.7% from May 2019 to May 2024. A home’s price per square foot is a somewhat overlooked real estate feature. When shopping for a house, buyers are usually …

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Real Estate Investor Says ‘Nobody Wants To Do Business’ In NYC After Trump Verdict

Published by FOX Business | May 31, 2024 Prominent business executives have warned that more New York enterprises and their leaders may fall victim to “no rule of law” in the wake of Donald Trump’s guilty verdict. Former President Trump was found guilty on all counts in his historic and unprecedented criminal trial, making him the …

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Rising Insurance Rates May Stop Many From Purchasing Their Dream Home

Published by Forbes.com | May 31, 2024 With double-digit home insurance rate increases, some potential homebuyers may find it difficult to purchase a home. Here’s what you need to know. It comes as no surprise that if you plan on purchasing a house, you’ll also need to get home insurance. However, the cost of homeowners …

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Capital Gains Taxes Trap Home Sellers—Worst-Hit States Revealed

Published by REALTOR.com | May 22, 2024 Home values have risen rapidly over the past few years, but when it comes time to sell, that windfall can come with a nasty surprise: capital gains taxes. Since 1997, home sales that generated less than $500,000 in profits for the seller have typically been exempt from federal …

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Renters Fear Missing Out On Homeownership — Except One Group

Published by Forbes.com | May 15, 2024 Housing affordability issues continue to make homeownership more of a dream than a reality for many people. Housing affordability issues continue to make homeownership more of a dream than a reality for many people. But those who can’t afford to buy a house are finding that renting is …

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Home Prices Come Into Focus as Key Issue in the 2024 Election

Published by REALTOR.com | May 13, 2024 With mortgage rates up and home prices out of reach for many first-time buyers, the affordability crisis is increasingly in the spotlight as campaign season heats up. In most presidential election years, home prices aren’t a key issue for voters or a major campaign talking point. Consider it …

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Crackdown on Hedge Fund Homebuyers Won’t Lower Housing Prices, Economist Argues

Published by REALTOR.com | May 9, 2024 Proposed congressional legislation to ban Wall Street hedge funds from snapping up single-family homes would likely have little impact on home prices, one economist has argued. “With their small national market share, claims that large institutions inflate house prices seem exaggerated,” wrote Capital Economics Property Economist Thomas Ryan in a …

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