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4 Steps to Take if You’re House Poor
Source: The Ascent --- If your housing expenses -- including mortgage payment, homeowners insurance, utilities, maintenance, and property taxes -- leave you with little left over each month, you may be called "house poor." The first thing to know is that there's no...
How do mortgage overpayments work? Is it worth it, is it better to overpay mortgage monthly or in lump sum
Source: National World --- The Bank of England raised interest rates once again on Thursday (2 February). Its base rate now sits at a fresh 14 year high of 4% - 0.5 percentage points higher than the level it was set at in December 2022. Designed to bring down...
Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Southern metro areas have seen the most significant growth in wealthy renters. Continue Reading Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Mortgage Application Activity Slows for Third Straight Week
Among the federal programs, the FHA share of total applications increased to 18.7% from 17.9% the week prior. Continue Reading Mortgage Application Activity Slows for Third Straight Week
Richmond American Homes to Build New Community in Jacksonville
Laurelton will feature single- and two-story homes priced from the $400,000s. Continue Reading Richmond American Homes to Build New Community in Jacksonville
Toronto Home Sales Down 13.3% From One Year Ago
The average selling price of $1.12 million was 4% below the level set one year before. Continue Reading Toronto Home Sales Down 13.3% From One Year Ago
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
“Mortgage rates are the magic bullet, and we’re waiting and waiting until those come down,” said Lawrence Yun. Continue Reading NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
Utah’s Largest Mansion Goes Up for Auction This Week
The residence includes a dining room table that can seat up to 42 people and a home theater that can accommodate up to 62 movie lovers. Continue Reading Utah’s Largest Mansion Goes Up for Auction This Week
North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
The county’s budget includes pay raises from 1% to 3.5% for 5,000 public employees. Continue Reading North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
Listings Go Live at Brooklyn’s Tallest Residential Tower
The Brooklyn Tower features 143 luxury condominiums available for immediate occupancy. Continue Reading Listings Go Live at Brooklyn’s Tallest Residential Tower
The Agency Opens Fifth Spanish Office in Madrid
The brokerage also has Spanish offices in Marbella, Costa Blanca North, Mallorca, and Barcelona. Continue Reading The Agency Opens Fifth Spanish Office in Madrid
Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
Austin and San Antonio attracted new levels of attention in the first quarter. Continue Reading Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
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