U.S. Housing Market
Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
Report: 70 New Down Payment Assistance Programs Launched During Q3
More than 2,000 counties now have 10 or more down payment assistance programs available for homebuyers. Continue Reading Report: 70 New Down Payment Assistance Programs Launched During Q3
New Reports Highlight Michigan’s Affordable Homeownership and Power Outages
Michigan recorded over 12,000 major power outage events and more than 34,000 hours per year without electricity between 2019 and 2023. Continue Reading New Reports Highlight Michigan’s Affordable Homeownership and Power Outages
RE/MAX: April Home Sales Up 11.3%
April’s median sales price of $440,000 was $5,000 (1.2%) higher than March and $10,000 (2.3%) more than one year ago. Continue Reading RE/MAX: April Home Sales Up 11.3%
Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest
Last November, real estate investor Bo Belmont publicized his offer of $30 million for the property. Continue Reading Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest
Just 2 in 10 Americans Think It’s a Good Time to Buy a Home. Here Are 3 Tips Sellers Need to Know
Source: The Motley Fool--- For the past year and change, sellers had it pretty easy given the state of the real estate market. Basically, all they really had to do was list a home, and boom -- they'd commonly be bombarded with eager buyers looking to pay above asking...
How to Recognize a Good Real Estate Agent
Source: Digital Journal --- Are you wondering how to recognize a good real estate agent? Here are some signs to look for. A good real estate agent should be personable, have a positive attitude, and be interested in helping you. The following are some traits to look...
Should You Rent Now or Wait Until the Fall?
Source: New York Times --- In the past, the conventional wisdom for renters this time of year has been to sit tight for a few weeks. But this is not a normal market. Q: Our 25-year-old daughter lives in a rental with roommates in the Fairmount section of Philadelphia....
LACKIE: Sellers in uncharted waters hoping real estate heats up in fall
Source: Toronto Sun --- You can feel it. The air is starting to get crisp in the evenings. The summer fun section at the store has quietly given way to school supplies and fall decor. September is upon us. Once upon a time that meant it was real estate season. With...
A Smaller Home for a Better Life: The Upsides of Downsizing
Life is a balancing act, and more luxuries typically mean more upkeep and obligations. To simplify your life, you might consider downsizing your home. Streamlining your housing situation will help you reduce stress and provide you with more freedom. If you’re not sure...
Renovate, don’t relocate: Priced out of perfect homes, millennials are choosing to create them instead
Source: Money Wise --- The pandemic has made a lot of people reconsider where they live and what they want and need in a home. In fact, nearly 40% of Americans are considering a move this year, and a third say the pandemic completely changed what they want in a...
HOMEOWNER’S GREATEST PROPERTY RIGHT IS SINGLE-FAMILY ZONING
Source: New Geography --- Some Confuse a Homeowner’s Greatest Property Right With How Many Uses the Homeowner can Utilize for Their Home A homeowner’s greatest property right is not how many uses a homeowner can use their home, but neighborhood protection from uses...
How much of your income should you spend on your mortgage?
Source: Money Mag --- Property prices may have started to retreat from their recent highs, but there's no denying that purchasing a home has become a more and more expensive undertaking in recent years. In fact, since June 2020, the average Australian mortgage...
Home Depot’s record sales show that the US housing market remains strong
Source: Healthcare Business --- But don’t tell that to Home Depot. The home improvement retail giant reported record profits and sales in the last quarter. Home Depot (HD) He said Tuesday that total revenue rose 6.5% from a year ago, to $43.8 billion. The company...
Is remote work killing the American Dream?
Source: The Salem News --- A new study reveals that remote work is responsible for a spike in housing costs across the country, accounting for more than half of the total increase in prices after the pandemic. The Great Reshuffling shows no signs of slowing down,...
