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Median Rent Prices Decline for Fifth Straight Month

by Phil Hall | Oct 23, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median asking rents in the 50 largest metros dropped 0.7% year-over-year last month to $1,747, according to new data from Realtor.com. September marked the fifth consecutive month of rent price declines. The median rent on a studio unit was $1,447 in September, while...
Homebuyers Increasingly Tap Into the Bank of Mom and Dad

Homebuyers Increasingly Tap Into the Bank of Mom and Dad

by Phil Hall | Oct 10, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s homebuyers are receiving more than a little help from their families in their pursuit of the American Dream of homeownership. A new survey of 2,000 adults by LendingTree (NASDASQ:TREE) found nearly two in five homeowners (39%) have received down payment...
Now Listed: Train Caboose in the Georgia Woods, $42K, No Utilities or Running Water

Now Listed: Train Caboose in the Georgia Woods, $42K, No Utilities or Running Water

by Phil Hall | Sep 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Would you pay roughly $42,000 to live in a train caboose in the Georgia woods? If that tickles your fancy, we have just the property for you. Yes, a train caboose built in 1976 is being offered as a riverfront residential property on an acre of land in Dahlonega,...
Realtor.com Unveils Renovation Calculator for Homeowners Planning Property Upgrades

Realtor.com Unveils Renovation Calculator for Homeowners Planning Property Upgrades

by Phil Hall | Sep 27, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Realtor.com has introduced a new Renovation Calculator, a new tool designed to provide estimates on the impact of renovations on property value. As the newest tool in Realtor.com’s RealValue line, the Renovation Calculator is designed to give homeowners a better...

Renting is Less Costly Than Home Buying 47 of the Top 50 Metros

by Phil Hall | Sep 21, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Buying a starter home in the top 50 metros cost $1,111 (60.3%) more per month than renting in August, as median U.S. rents recorded their fourth consecutive month of year-over-year declines, according to data from Realtor.com. The median asking rent in the 50 largest...
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