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What to Know About Buying a Modular Home
Source: Nerdwallet --- If you’re house-hunting in a hot market, you may have wondered: “Why don’t I just build?” Choosing a modular home can save you money and time, compared to traditional construction methods. According to the National Association of Home Builders,...
Why Pre-Approval Is a Game Changer for Homebuyers
Source: Keeping Current Matters --- If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is,...
WHAT YOU NEED TO KNOW ABOUT A CONDEMNED HOUSE
Source: RisMedia --- Every now and then you may be driving through a particular neighborhood and see a home that is all boarded up. There are likely to be multiple no trespassing signs posted on the lawn and house. What you are likely seeing is a condemned...
Grim outlook for housing market, NAHB CEO warns
Source: Fox Business --- National Association of Home Builders CEO Jerry Howard warned on "Varney & Co." Monday of "a tough time" ahead for the industry as data revealed the housing market has been slowing down. Howard provided the insight on the same day it was...
Single-Family Starts Fall to Two-Year Low on Higher Construction Costs and Interest Rates
Source: Eye on Housing --- Increased interest rates, building material supply chain bottlenecks and elevated construction costs continue to put a damper on the single-family housing market. For the first time since June 2020, both single-family starts and permits fell...
Wondering Where You’ll Move if You Sell Your House Today?
Source: Keeping Current Matters --- If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market is undergoing a shift, and the supply of...
Should you rent or buy a home? Use this simple rule to ‘avoid financial regret,’ says real estate investor
Source: CNBC --- When it comes to maximizing your lifestyle and net worth, the question “should I rent or buy” is one of the most heavily debated. Even if you already own your home or apartment, it’s a good exercise to regularly consider whether living there is the...
Foreign buyers remain absent from U.S. housing market
Source: The Real Deal --- The share of U.S. homes purchased by foreign nationals — a potentially critical pool of buyers as rising interest rates threaten to slow domestic spending — has tumbled to a more than twelve-year low. Foreign nationals bought 98,600...
Grim outlook for housing market, NAHB CEO warns
Source: Fox Business --- National Association of Home Builders CEO Jerry Howard warned on "Varney & Co." Monday of "a tough time" ahead for the industry as data revealed the housing market has been slowing down. Howard provided the insight on the same day it was...
Housing Inventory July 18th Update: Up 30% Year-over-year
Source: Calculated Risk --- Inventory is increasing rapidly. Inventory bottomed seasonally at the beginning of March 2022 and is now up 110% since then. More than double! Altos reports inventory is up 30.3% year-over-year and is now 16.3% above the peak last year. ...
