Residential

Biden’s $400 Monthly Homebuyer Tax Credit: A Potential Hurdle to Homeownership

Politics, Residential, Taxes / By

Published by REALTOR.com | March 8, 2024 The White House estimates it would help almost 3 million families. President Joe Biden might have thrown a lifeline to aspiring homebuyers in his State of the Union address on Thursday evening, but some experts fear that it could result in higher home prices. The president said he would like …

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How We Bought A Home With A 2.6% Assumable Mortgage

Mortgages, Residential / By

Published by REALTOR.com | March 1, 2024 Assumable mortgages are considered the unicorns of the loan world. Some say it’s because there’s not much in it for lenders. But these homebuyers prevailed. Here’s how, and why they’re so glad they did. Mickey Ricard and Grace Lucchese were excited to buy their first home together. But …

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New Real Estate Opportunity Brewing as Some Americans Opt to Rent

Rental Property, Residential / By

Published by FOX Business | March 3, 2024 Being a ‘forever renter’ is attractive to millennials and empty nesters, says Post Brothers CEO As economic woes continue to pummel the housing industry, one real estate developer is finding opportunities within a new market – the “forever renters.” Post Brothers CEO and co-founder Michael Pestronk joined …

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Why Squatting Is On the Rise—and So Hard To Solve

Legal, Residential / By

Published by REALTOR.com | February 19, 2024 Stories of squatters taking over vacant properties, costing homeowners thousands to evict, are becoming shockingly common today. Atlanta attorney David Metzger recently got a call from a client in a tricky situation: She’d gotten engaged, moved in with her fiancé, and decided to rent out her house in Dekalb County. …

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See How Much Homeowners Pay for Property Taxes in the Cheapest and Most Expensive States

Residential, Taxes / By

Published by REALTOR.com | February 20, 2024 Homebuyers looking to avoid high property taxes probably shouldn’t move to New Jersey. The Garden State continues to have the dubious honor of having the nation’s highest property taxes, according to a recent report from personal finance website WalletHub. New Jersey homeowners paid a median of $9,345 in 2022, according …

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From Surging Layoffs to a Presidential Election: What Will 2024 Bring for the Housing Market?

Housing Market, Residential / By

Published by REALTOR.com | February 13, 2024 Could the presidential election stall home sales? This year has barely begun, and it already seems destined for the history books. The next 11 months are jam-packed with a combative presidential election, two large wars abroad, a string of high-profile companies announcing layoffs, and fears over whether the …

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The Housing Market Sees the ‘Biggest Jump’ in 3 Years

Housing Market, Residential / By

Published by REALTOR.com | February 9, 2023 Spring might be coming early—particularly for the housing market. The biggest indicator that the largely frozen market is thawing is the massive spike of fresh listings that sellers added to the market, according to the latest data from Realtor.com®. New listings were up by a whopping 12.8% for the week …

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Is the Housing Market Bouncing Back—or Bouncing Back and Forth?

Housing Market, Residential / By

Published by REALTOR.com | February 1, 2024 The housing market’s outlook remains murky in part because the Federal Reserve’s battle against inflation is not yet over. Is the housing market bouncing back in 2024—or just bouncing back and forth? There have been some signs of housing inventory recovering, with the number of homes actively for …

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The 15 Most Expensive U.S. Neighborhoods Per Square Foot

Housing Market, Residential / By

Published by CNBC | January 29, 2023 No. 1 is 2,000% higher than average South of Market is a historic San Francisco downtown district with museums, a vibrant nightlife and a desirable mix of loft buildings and high-rise luxury condominiums. It also happens to be the most expensive neighborhood in the U.S., as measured by …

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