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Survey Finds High Housing Costs Eroding Americans’ Confidence in Economy
40% of homeowners delayed necessary structural repairs to their home. Continue Reading Survey Finds High Housing Costs Eroding Americans’ Confidence in Economy
Detroit Woman Pleads to Operating as an Unlicensed Real Estate Agent
Krystal Davis also falsely presented herself as a certified public accountant. Continue Reading Detroit Woman Pleads to Operating as an Unlicensed Real Estate Agent
Sitzer/Burnett Plaintiff: ‘Realtors Are Controlled by a Huge Spider Web’
NAR refuted the notion that it maintained arachnoid-level control over realtors. Continue Reading Sitzer/Burnett Plaintiff: ‘Realtors Are Controlled by a Huge Spider Web’
Budge Huskey on the NAR Settlement: Don’t Believe Everything You Read
General values in real estate are determined by the fundamentals of supply and demand, not realtors. Continue Reading Budge Huskey on the NAR Settlement: Don’t Believe Everything You Read
NAR Takes Credit for Defeating Chicago’s ‘Mansion Tax’ Referendum
“This outcome demonstrates how crucial it is to communicate directly with consumers about the real-life impacts of proposed policies,” said NAR’s Shannon McGahn. Continue Reading NAR Takes Credit for Defeating Chicago’s ‘Mansion Tax’ Referendum
Condo Prices Jump to Record High as Buyers Seek Relative Affordability
Source: Redfin --- The typical U.S. condo sold for a record $319,000 in February, up 14.6% from a year earlier and 22.7% from two years earlier, just before the pandemic began. Condos are in demand partly because they’re a comparatively affordable option amid...
A decade’s difference: How the ordeal of buying a home in Nashville has changed
Source: Nashville Business Journals --- With rising prices, dwindling inventory and a seemingly endless supply of new arrivals, prospective homebuyers have reshaped the landscape of Music City’s housing market. Here's how the market has changed in the last decade. ...
What You Need To Know if You’re Thinking About Building a Home
Source: Keeping Current Matters --- If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either...
![[Generational Study] Who Can Afford the Median Home in the 100 Largest U.S. Counties?](https://wrenews.com/wp-content/uploads/2022/03/generation-family-group-sunset.webp)
[Generational Study] Who Can Afford the Median Home in the 100 Largest U.S. Counties?
Source: Point 2 Homes --- Making resolutions and manifesting a better future is all the rage around this time of year. However, the goal of becoming a homeowner is more about cold, hard, financial facts than the ability to channel the universe’s benevolent energy. And...
3 Things Most People Don’t Know About Real Estate Investing
Source:Nasdaq --- any people are familiar with the concept of buying stocks. But real estate investing is a whole different world -- and one that a lot of folks have yet to dabble in. The reality, though, is that investing in real estate is a great way to diversify...
More awful news for homebuyers: Mortgage rates just made the biggest jump this century
Source: Fortune --- Historically low rates were nice while they lasted. In another hit to prospective homebuyers, the average 30-year fixed mortgage rate hit 4.42% this week, up 1.31 percentage points from three months ago, according to Freddie Mac. That's the largest...
Mortgage Rates Keep Rising Faster Than Experts Expected. That Makes It Even More Important for Homebuyers to Shop Around
Source: Time --- Things got tougher for homebuyers this week as mortgage rates continued to rise more quickly than experts expected. The average 30-year fixed rate was 4.59% this week, a rise of 19 basis points from a week earlier. Rates were below 4% just three...
DFW Real Estate Expert Offers Tips For Homebuyers Going Up Against Investors
Source: News Yahoo --- Michael Coburn with RE/MAX offers some tips for homebuyers looking to beat investors.
7 Secrets No One Tells You That’ll Help You Buy a House Right Now
Source: Realtor --- Once upon a time, wannabe homebuyers could leisurely peruse a variety of properties in their price range, mull over their choices, put in an offer, and presume they’ll be moving in soon enough. But how things have changed! In today’s hot seller’s...
Mortgage Goals: Which One Is Right for You?
Source: Realtor --- You finally bought the perfect midcentury modern home with a backyard spacious enough for entertaining your family and friends. And you even scored an outstanding mortgage loan with a fantastic 30-year fixed rate. Well done! So you can sit back and...
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