Industry News

First-time homebuyers may be the ones who use the term “dream house” the most. And they may also be the ones who then wake up in their new home and ask, “What was I thinking?!” about the property they bought. Or, more accurately, “not thinking.” Real estate rookies...

The numbers: U.S. home builders started construction on homes at a seasonally-adjusted annual rate of roughly 1.7 million in December, representing a 1% increase from the previous month, the U.S. Census Bureau reported Wednesday. Compared with December 2020, housing...

The numbers: The S&P CoreLogic Case-Shiller 20-city price index posted a 18.3% year-over-year gain in November, down slightly from 18.5% the previous month. On a monthly basis, the index increased 0.9% between October and November. Meanwhile, the Case-Shiller...

Normally when you buy a house, you don’t want a home with any outstanding liens against it (that’s also why you pay for a title company). But what happens to those houses with outstanding taxes? You can buy those, too. Or you can just buy the lien and profit from...

Home buyers are seeing a break from rising mortgage rates as the bond market finds its equilibrium, but that doesn’t mean most Americans will save money when they purchase property. The 30-year fixed-rate mortgage averaged 2.98% for the week ending Nov. 10, down 11...

Homebuyers have become increasingly worried about natural disasters. After witnessing the deadly carnage wrought by wildfires, storms, and the problems related to extreme heat and cold, natural disasters have become top of mind for homebuyers. More than 3 in 4 recent...

  Over the next few weeks and months, the long-overheated U.S. housing market is expected to continue to cool off in the bracing chill of autumn. After a wild year of unprecedented price increases, a worsening shortage of homes for sale, and cutthroat bidding...

This year’s housing boom has presented a financial windfall to sellers and an agonizing ordeal to buyers. However, even homeowners who stayed put may be affected—by being hit with higher property taxes. Average property taxes paid rose 4% in 2020, according to data...

WASHINGTON—The Biden administration is poised to unveil a series of steps aimed at addressing the U.S. shortage of entry-level homes and rental properties, according to people familiar with the matter, moves designed to boost their financing and construction over the...

DENVER – On Thursday, the Storm Prediction Center issued the first extreme fire danger warning for Western Colorado and Eastern Utah in 15 years. Unfortunately, this serves as a reminder that we are now in the height of wildfire season in Colorado and the West. People...