A new study from All Star Home found more than 1 in 5 homeowners regret purchasing/owning an older home, having spent an average of $10,700 on repairs over the last five years.
Read More »Nationwide Home Prices Up 5% YoY
U.S. home prices experienced the biggest increase in 10 months due in part to a significant lack of inventory, increasing 5% year-over-year. Meanwhile, homes in the popular Miami metro surged 17% from last year.
Read More »U.S. Home Mortgage Lending Recovers in Q2
A new mortgage report from ATTOM revealed U.S. lenders issued approximately $494 billion worth of residential mortgages in Q2 of 2023, while total activity rose after eight straight quarterly declines to 21%.
Read More »Pending Home Sales Continue to Improve
"The small gain in contract signings shows the potential for further increases in light of the fact that many people have lost out on multiple home buying offers," said NAR Chief Economist Lawrence Yun.
Read More »Southern Metros Dominate List of Best Places to Buy a Home
Five Texas metros topped the top 10 list of best places to purchase a home, according to a new study from WalletHub, which examined the strongest local real-estate markets throughout the U.S.
Read More »Where Will Mortgage Rates Be at the End of 2023?
As the average 30-year fixed mortgage rate nears 8%, new commentary from First American Chief Economist Mark Fleming details the predictions of where mortgage rates will end up throughout the remainder of the year.
Read More »Southern Metros Dominate List of Best Places to Buy a Home
Five Texas metros topped the top 10 list of best places to purchase a home, according to a new study from WalletHub, which examined the strongest local real-estate markets throughout the U.S., as the housing market remains skewed toward home sellers rather than buyers.
Read More »Southern Cities Dominate List of Cheapest Places to Buy a Home
According to a new analysis, of the top ten cheapest cities to buy a home in 2023, nine are located in the South, while eight out of the top 10 costliest cities remain in pricey California.
Read More »Mortgage Rate Increase Slows HELOC Activity in First Half of 2023
While HELOC activity surged in 2022, a new report from CoreLogic showed that demand slowed significantly in the first half of this year as Freddie Mac revealed the average 30-year fixed-rate mortgage reached its highest level in over two decades.
Read More »Sun Belt, Florida Metros Remain Popular Despite Growing Climate Risks
Despite the increasing risks of flooding, heat waves, and hurricanes, Americans are still flocking to metros such as Las Vegas, Sacramento, and Tampa, which topped the list of most popular migration destinations in Redfin's latest report.
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