Published by Vox | June 13, 2024 A bold experiment to help tenants is advancing. DETROIT — The federal government is laying the groundwork for a potentially major change to the nation’s largest rental assistance program, aiming to test an idea that would allow low-income tenants to pay rent directly with cash, rather than use …
The Federal Government’s New Plan To (Maybe) Give Renters Straight Cash Read More »
Published by CNBC | June 14, 2024 More homeowners are listing their homes for sale. But properties are taking longer to sell as potential buyers face high prices and interest rates. Here’s what that means for homebuyers and sellers. New listings from home sellers jumped in May, up 13% from a year ago, according to …
Competition In The Housing Market Is Cooling Off Read More »
Published by FOX Business | June 12, 2024 Build-to-rent single-family homes grew from 5% to 10% in 2023, according to the National Association of Realtors While many Americans wait for potential relief in the housing market, some real estate developers are taking advantage of the high demand within the market and investing in “build-to-rent” neighborhoods, …
The Rise of Build-to-Rent Communities: A Solution to America’s Housing Crisis? Read More »
Published by CNBC | June 4, 2024 Real estate investor activity jumped 0.5% from a year ago, according to Redfin – the first increase in activity since mid-2022 Consumers confronted with high housing prices sometimes point to private equity when buying homes as a contributing factor. However, experts say that while the housing market has …
Investor Home Purchases Surge for First Time in Two Years: Impact on Buyers Read More »
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 …
The Price Per Square Foot of an Average U.S. Home Has Jumped More Than 50% Since 2019 Read More »
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 …
Rising Insurance Rates May Stop Many From Purchasing Their Dream Home Read More »
Published by FOX Business | May 20, 2024 An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher. A new report published by Fitch Ratings found that homes were overvalued by 11.1% at the end of 2023, a …
Homes Overvalued Across U.S., Worst in These 5 States Read More »
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 …
Renters Fear Missing Out On Homeownership — Except One Group Read More »
Published by FOX Business | April 29, 2024 Lawmakers say investors that scooped up hundreds of thousands of houses to rent out are driving up home prices Wall Street went on a home-buying spree. Now, more lawmakers want to stop it from ever happening again. Democrats in the U.S. Senate and House have sponsored legislation …
Wall Street Has Spent Billions Buying Homes. A Crackdown is Looming. Read More »
Published by REALTOR.com | April 18, 2024 These higher rates are frustrating homebuyers and sellers, thwarting many of their plans. Mortgage rates are back up above 7%. Even worse, rates could rise further after U.S. Federal Reserve Chair Jerome Powell said policymakers were in no rush to cut rates while inflation remains stronger than anticipated. …
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