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15/02/2022

Is the TV listening to me? Could a company get hacked and leak my doorbell videos? Smart devices make life easier but also make some people uncomfortable. NEW YORK – While smart-home technology adds convenience to a homeowner’s lifestyle, many Americans worry about potential shortcomings when it...

14/02/2022

\67% of metro areas in NAR’s 4Q report saw double-digit price growth.. WASHINGTON – The fourth quarter of 2021 saw home prices continue to increase, although at a slower pace. Even though two out of three metro areas saw double-digit price growth in the fourth quarter (4Q) of 2021, it’s down f...

12/02/2022

The pandemic continues to influence demand for outdoor amenities, bigger homes and the suburbs. But all ages still like laundry rooms and walk-in pantries. ORLANDO, Fla. – During the National Association of Home Builders (NAHB) recent convention in Orlando, researchers issued a list of the home fe...

11/02/2022

After three fairly calm weeks, the average rate for a 30-year, fixed-rate mortgage rose to 3.69% from last week’s 3.55%. WASHINGTON (AP) – Average long-term U.S. mortgage rates jumped last week to their highest level in more than two years, potentially bumping some homebuyers out of the market w...

10/02/2022

At the International Builders’ Show in Orlando, economists said the industry has too few laborers, and interest rate and price increases will deter more buyers. ORLANDO, Fla. – Low existing home inventory and strong buyer demand will keep housing moving forward in 2022, according to economists a...

09/02/2022

Buyers preapproved for a $375K home often look for a $375K home. But they’ll likely get to closing only if they consider property with a lower asking price. CHICAGO – Buyers preapproved for a mortgage may be tempted to shop for homes at whatever limit the seller approved. But real estate pros an...

08/02/2022

Between July 2020 and June 2021, U.S. homes sold at a record pace. However, many owners didn’t stay in their home as long, with average tenure dropping from 10 years in last year’s report to eight years this year. Still, 9 out of 10 buyers (87%) and sellers (90%) used an agent or broker. WASHING...

07/02/2022

More renters are wondering: “What happens next year if my rent went up $200 this year? And what do I have to show for this lost money anyway? NEW YORK – More renters are making moves toward homeownership quickly, pressured by rising mortgage rates on the buying side and skyrocketing monthly paym...

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