Industry News
How Long Will That Home Renovation Really Take? Here’s a Timeline To Save Your Sanity
Many homeowners have likely imagined the renovations that would transform their homes into the fabulously stylish and seamlessly functional abodes of their vision-board dreams. But for those who have gathered the funds (and the strength) to actually tackle a remodel,...
NAR: Lower Mortgage Insurance Premiums Will Help Affordability
The monthly fee for FHA loans is being reduced, alleviating “some of the financial stress” buyers have faced from rising home prices and mortgage rates, the association says. The National Association of REALTORS® applauded the Department of Housing and Urban...
Instant Reaction: Mortgage Rates Feb. 22, 2023
Mortgage rates increased further this week, following the bond market trend. According to Freddie Mac, the average rate on a 30-year fixed mortgage rose to 6.50% from 6.32% the previous week. Even with this increase, owning a home is still affordable for Americans if...
6 Universal Design Tips for Easy, Long-Term Living at Home
Making your forever home as beautiful as possible is a no-brainer. But when it comes to improving accessibility, not every homeowner prioritizes with the future in mind. Mobility and functionality are key for comfortably aging in place. Plus, home design that factors...
5 Big Questions Real Estate is asking in 2023
The past few years have been bumpy, with one event after the other challenging the economy, businesses, and the way we work. This year looks set to be another year of transformation, with questions looming around corporate climate goals and hybrid work, to whether...
5 Reasons This Isn’t a Repeat of the 2008 Housing Crash
Many homeowners are still haunted by the 2008 housing crash when property values collapsed, and foreclosures spiked. The memory of sudden catastrophe at a time when the real estate market had been riding high may help explain why 41% of Americans say they now fear a...
Home Prices Fall and Listings Rise. Is It a Good Time to Buy Despite Rates?
As the housing market barrels toward the end of the year and all of its holiday trimmings, potential homebuyers are likely wondering what’s in store for the coming season. Home shoppers looking for lower asking prices can officially check that off their wish list....
Mortgage Rates Dip Further, So Why Are Homes Prices Still So High?
With Thanksgiving behind us and much Christmas merriment ahead, one might presume that home shoppers have shelved their house hunt until the new year. But no, the housing market is as hopping as ever—and even full of surprises of late. “Housing data in the week that...
Don’t Get Duped! 5 Common Real Estate Scams and How To Avoid Them
What’s one thing buyers, sellers, renters, and landlords all have in common? They can all fall victim to a real estate scam. In fact, home-related hoaxes are on the rise. Losses from real estate cybercrimes have gone up nearly as fast as home prices—totaling more than...
Is the U.S. Federal Reserve Trying To Bludgeon the Housing Market?
The housing market has been on fire for the past two years as home prices shot up into the stratosphere. Now the U.S. Federal Reserve is trying to bring them back down to Earth, part of its avowed war against the nation’s runaway inflation. But it’s using a move that...