On one hand, buying a home and paying a mortgage means owners can build equity and leave an inheritance. However, when adding up monthly mortgage payments, home insurance, and property taxes, many renters could be left feeling like renting is not just the best option, but the only option.
Read More »Starter Homes Smaller, Yet Pricier Compared to 11 Years Ago
In fact, according to a LendingTree analysis of U.S. Census Bureau Characteristics of new housing data, homes have shrunk slightly since 2012, but the average price per square foot has nearly doubled.
Read More »Current Homebuyers Losing More Than Buying Power
Aggressive rate hikes coupled with sky-high home prices mean buyers are bleeding money.
Read More »Twist of Fate: The Rise of Suburban Square Footage Values
The pandemic threw many wrenches into the housing market, and a new report notes that, for the first time in years, space in suburban homes is now worth more than space in urban homes.
Read More »‘Shrinkflation’s’ Impact on High-End Homes
The newest data from Zillow has revealed that the phenomenon known as “shrinkflation,” which most commonly occurs in consumer products, is occurring in the housing market as well ...
Read More »Price Per Square Foot Hits $169
The average price per square foot of a home hit a new record in July as a new study revealed that these prices have increased 310% since 1980. According ...
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