Industry News

American Towns Are Rebelling Against Megamansions

American Towns Are Rebelling Against Megamansions

In a nation obsessed with supersizing, American houses keep ballooning. Now, local officials are scrambling to curb mansion bloat. “How big is a house?” mused Jeremy Samuelson, planning director for East Hampton, N.Y., where a working group recently proposed slashing...

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The Role of Credit Scores in Mortgage Approval

The Role of Credit Scores in Mortgage Approval

When applying for a mortgage, your credit score plays a critical role in determining your eligibility and the terms of your loan. A credit score is a numerical representation of your creditworthiness based on factors such as your payment history, outstanding debts,...

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Home Sellers Forced To Get Flexible With Asking Price

Home Sellers Forced To Get Flexible With Asking Price

Nationwide, 6.4% of home sellers cut their asking prices during May, the highest share since November 2022. By the numbers, the median asking price dropped roughly $3,000 to $416,623, the first such decline in six months. Additionally, for-sale supply is growing more...

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