Today’s News Synopsis: If you’re buying a home now, chances are you’re doing it sight unseen. Due to the pandemic, the home-buying season has shifted from spring to summer. However, despite the pandemic, the largest share of the market was made up of newly built homes, something not seen since 2012. In The News: …
Today’s News Synopsis: Have extra space in your garage? How much do you have to pay for a 2,500 square-foot house in different areas of the country? Single-family rent prices are continuing to grow in the Southwest according to CoreLogic. In The News: Redfin – “In Detroit, a Family Needs to Earn $27,000 to Afford the …
Today’s News Synopsis: If you’re considering investing in accessory dwelling units, what are ten things you should consider? The FHFA reported home prices increased by 0.1% in May across the country. Meanwhile, existing-home sales were weaker, having declined 1.7% in June. In The News: BiggerPockets – “10 Things to Consider When Investing in Accessory Dwelling Units” …
Today’s News Synopsis: Millennials living with parents need to save $10,000. You want to live in a house like in Friends, Stranger Things, or Simpsons? Well, thanks to Ikea, now you can. Housing starts decreased by 0.9% in May to 1.27 million. In The News: NAHB – “Housing Starts Relatively Flat Off of Strength in Multifamily …
Today’s News Synopsis: OPINION: California renters need relief. That means weakening Costa-Hawkins. Where are the best places to buy if you are a first-time homebuyer: Florida and Las Vegas. A new style of home brings the jungle right into your own backyard, or more accurately, your living room. In The News: LA Times – “California renters …
Today’s News Synopsis: America could be feeling the effects of Britain’s exit from the European Union. Home prices saw their smallest year-over-year gain in seven years, having increased only 0.6% in February. Mortgage rates decreased to 4.31% for 30-year rates and 3.76% for 15-year rates, making homebuying less expensive too. In The News: Realtor.com – “Britain’s …
The Stone Of the Brexit Exit May Be Skipping Across The Pond To America Read More »
Today’s News Synopsis: This city in California is requiring landlords to pay relocation fees. Apparently, in every U.S. state it is more expensive to own than to buy, and CNBC’s latest chart showed just by how much in each state. Remodeling on residential properties is showing signs of increase according to the NAHB. In The …
Today’s News Synopsis: Buying a foreclosed home? 2018 ended with new home sales decreasing drastically by 18-19% compared to December 2017. Could we see an end to interest rate hikes this year? In The News: Zillow – “Silicon Valley Still Reigns Supreme for Hottest Housing Markets, but the South Will Heat Up in 2019” (1-15-2019) “The …