Real Estate News Today

AuthorKelsey Heath.  Date: April 24, 2024 6:55 am You’ve found your dream home and can’t wait to move in. The offer is accepted, inspections are done, and you pack boxes. Everything seems to be rolling smoothly until you get a call from your real estate agent with some unwelcome news – the seller wa

Many U.S. homeowners couldn’t afford to buy their home if they were to purchase it today because home prices have doubled over the last decade, and monthly housing costs are at an all-time high due to elevated mortgage rates.  Nearly two of every five (38%) homeowners don’t believe they could afford

Price growth is leveling off as elevated mortgage rates strain buyer budgets, but prices are still at historic highs because there aren’t enough homes for sale. U.S. home prices climbed 0.6% from a month earlier on a seasonally-adjusted basis in March, matching February’s 0.6% month-over-month gain.

AuthorKelsey Heath.  Date: April 22, 2024 6:21 am Divorce brings a whirlwind of emotions, but for many, their priority is figuring out how they can keep their house. A house shared during marriage is both a financial asset and a space that has become a home. Maintaining ownership can represent stabi

AuthorKelsey Heath.  Date: April 22, 2024 4:10 am Buying a house from a family member or buying for a family member is a unique real estate transaction. If you’re buying a house from a family, there’s more on the line than just money. This type of transaction is not just about negotiating prices and

AuthorKelsey Heath.  Date: April 22, 2024 4:04 am Are you considering adding a mother-in-law suite to your home and wondering how much value it will add to your property? When it comes to how much a mother-in-law suite is worth, you must consider how the space is permitted, how much square space you

AuthorAmanda Dodge.  Date: April 20, 2024 8:35 am If you want to increase the value of your home by improving the backyard, consider installing a patio or porch. These structures create entertainment space for your family and any guests who stop by. You can use your porch year-round, starting with g

Luxury home prices in the first quarter rose 9% year over year, twice as fast as non-luxury prices.  Sales of luxury homes rose 2%, compared to a 4% decline in sales for non-luxury homes. Luxury sales are outperforming partly because elevated mortgage rates aren’t a deterrent for many luxury buyers,

Existing-Home Sales Descended 4.3% in March Though rebounding from cyclical lows, home sales are stuck because interest rates have not made any major moves. Media Contact:  Troy Green 202-383-1042

Daily average mortgage rates jumped to their highest level since last November after last week’s disappointing inflation report. Persistently high home prices are exacerbating affordability challenges for buyers.  The average daily mortgage rate this week surpassed 7.4%, the highest level since last

High earners, college grads and remote workers were all more likely than the typical survey respondent to say they want to live somewhere with legal weed. Over half of LGBTQ+ respondents want to live in a place where weed is legal, compared with under one-quarter of non-LGBTQ+ respondents. Nearly ha

AuthorKevin Bautista.  Date: April 17, 2024 6:09 pm Real Estate Agents. Hone your time management. Learn how to optimize your schedule and create healthy boundaries so that you can flourish! The post Effective Time Management Techniques for Real Estate Agents appeared first on FastExpert.

12% of Florida respondents who have faced insurance changes have been dropped by their insurance company—an increasingly common trend as insurers back out of flood-prone areas. The share is almost as high in fire-prone California. Nationwide, one-third of homeowners who lost insurance have moved or

8 Companies Announced for 2024 REACH Scale-Up Program Companies selected for the 2024 REACH program represent a diverse range of solutions across the real estate ecosystem. Media Contact:  Spencer High 202-383-1051 Real Estate Technology

AuthorAmanda Dodge.  Date: April 15, 2024 5:12 am One of the first steps to invest in real estate is securing financing. Once you have a clear understanding of your loan source and repayment terms, you can set a budget for renovations and rental fees. One common question that investors ask is whethe

AuthorAmanda Dodge.  Date: April 15, 2024 5:09 am If you are looking to buy a house separate from your partner’s finances, know that you aren’t alone. There are many reasons why couples would buy separate houses, from streamlining the mortgage application process to evenly dividing assets. Whether y

AuthorKelsey Heath.  Date: April 15, 2024 5:06 am When becoming a real estate investor or building a portfolio, you can purchase either single-family rental properties or apartment buildings. Apartment buildings have multiple units under a single title, whereas a single-family home will just have on

Rising home prices and mortgage rates are making it harder to believe in the American dream of homeownership. Lack of affordability is the most commonly cited reason renters don’t believe they’ll ever own a home.  Nearly two in five (38%) U.S. renters don’t believe they’ll ever own a home, up from r

AuthorKelsey Heath.  Date: April 12, 2024 1:44 am Mold can be an unseen, odorless house guest that causes damage to your property, but more importantly, mold spores can harm the health of a home’s inhabitants. Many buyers fear buying a house with mold issues because mold can be difficult to detect a

AuthorAmanda Dodge.  Date: April 12, 2024 1:34 am If you are preparing to sell your home, you might have a list of repairs and renovations to complete. Making these upgrades can increase the desirability of your property and potentially speed up the home sale. At the very least, making repairs befor