Published CNBC, Wed, Aug 18 20213:51 PM EDT Alicia Adamczyk @ALICIAADAMCZYK Sorry to be the bearer of bad news. But if you’re currently renting your place, you might see the price tick up when it’s time to renew your lease. In fact, rent is forecast to be even higher this year than it would have […]
Category Archives: Blog
Surging New-Home Prices Shut Out Low-End Buyers
Realtor Magazine June 29, 2021 Rising prices in new-home construction have mostly shut out buyers in the lower end of the market, shows a new analysis from the National Association of Home Builders. Buyers in the bottom one-fourth of the market have had to look exclusively at the stock of existing homes. However, fast-rising prices […]
With many Americans house rich, here are the best ways to tap your home for cash
PUBLISHED FRI, JUN 4 202110:35 AM EDTUPDATED FRI, JUN 4 202112:15 PM EDT Jessica Dickler @JDICKLER KEY POINTS Record amounts of home equity and rock-bottom rates are driving more homeowners to take money out of their houses. If you want to pull some cash out, here are your options. Many Americans are suddenly house rich. […]
Soaring lumber prices add $36,000 to the cost of a new home, and a fierce land grab is only making it worse
PUBLISHED FRI, APR 30 202111:17 AM EDTUPDATED FRI, APR 30 20211:31 PM EDT Diana Olick KEY POINTS – The surge in lumber prices in the past year has added $35,872 to the price of an average new single-family home and $12,966 to the market value of an average new multifamily home, according to the NAHB. […]
15 Ways To Land A Good Real Estate Deal
Feb 24, 2021,08:10am EST Forbes Real Estate Council Real estate can be a competitive field, and with so many new investors vying for the same inventory, it’s becoming more difficult to secure good deals. However, even though the industry is packed with skilled professionals, it doesn’t mean that it’s impossible to get outstanding agreements with […]
Mortgage delinquencies sink to pandemic low, but distress is far from over
CNBC.com PUBLISHED TUE, FEB 9 202111:54 AM ESTUPDATED TUE, FEB 9 202112:38 PM EST Diana Olick @IN/DIANAOLICK @DIANAOLICKCNBC @DIANAOLICK KEY POINTS – Just under 6% of all U.S. mortgages — 2.7 million homes — were in some stage of delinquency at the end of November, according to the latest reading by CoreLogic. – Some 5.35% […]
What Upgrades Increase Home Value? 19 High-ROI Improvements Buyers Love
HomeLight, by Valerie Kalfrin Posted onNovember 13, 2020 Harvard’s Joint Center for Housing Studies estimates that Americans’ total spend on home remodeling projects will rise from $332 billion in Q3 2020 to $337 billion in the second half of 2021. Does that mean homeowners have found the key to economic prosperity — expensive renovations that pay dividends […]
Greater Kitchen Storage Is in Demand
Kitchen storage is a top priority among renovating homeowners, finds the 2021 U.S. Houzz Kitchen Trends Study, based on a survey of more than 2,000 homeowners planning or in the midst of a kitchen remodel. Renovators are paying closer attention to their cabinet and pantry storage. Many of the surveyed homeowners turned their attention to […]
Bold 2021 Predictions: A Stronger Housing Market Across the Board
By Zillow Research on Dec. 18, 2020 The for-sale housing market showed incredible strength in 2020, and we expect 2021 will be even stronger. Demand continues to stay high, and is expected to surge in cities as economies reopen. Annual home sales growth is expected to be the highest in almost 40 years as life and financial […]
It’s a Shake-Up! These 10 Drastically Different Design Trends Will Be Everywhere in 2021-and Beyond
With all the stress that 2020 brought to our lives, it also influenced some defining changes in the way we decorate, design, and live in our homes. Lauren Sieben, provided by Dec. 16, 2020Updated: Dec. 16, 2020 11:27 a.m. Comments We’re finally closing the book on 2020, and many of us have never felt more desperate for […]