A new Realtor.com survey finds potential sellers think it’s a good time to sell, with most expecting to get asking price despite mortgage rate concerns. AUSTIN, Texas — Sellers across the U.S. are optimistic heading into this year’s Best Time to Sell with 70% of potential sellers thinking it is a good time to sell, … Read more
LOS ANGELES — This spring homebuying season is shaping up to be more favorable for home shoppers than it’s been in recent years — as long as they can afford to buy. Home prices are rising more slowly. Mortgage rates remain elevated but have been mostly easing and could be headed lower. Most importantly, the … Read more
With mortgage rates steady, buyers and sellers must remain prepared. Home improvements, decluttering and proper financial prep can help navigate today’s market. NEW YORK – People considering buying or selling a home are facing a unique market. The real estate market has been in flux for several years, and high interest rates have made it … Read more
The median U.S. home price is $412K, requiring 10 workdays per month to afford. In Florida, it’s 11 days. Midwest buyers need a week or less. AUSTIN, Texas – The median national home price in the U.S. is $412,000 and for Americans looking to buy a home, the magic number of days required to work … Read more
Baby boomers account for 42% of all home buyers, while millennials fall to 29% (down from 38% from one year ago), NAR said. Multigenerational home buying is rising. WASHINGTON — In a shift that underscores changing dynamics in the housing market, baby boomers now make up the largest generational group of home buyers, according to … Read more
A Pew Research survey of 3,600 U.S. adults revealed the ideal ages for life milestones: marriage (26.5), first child (27.3), home purchase (28.8) and retirement (61.8). NEW YORK – Young adults in the United States are reaching family and financial milestones later in life than they were 40 years ago. That begs the question: What … Read more
This year will see IoT, digital twins and AI reshape real estate. These technologies will improve home design, predict trends and create smarter, more efficient homes. CHICACO — Let’s be honest, 2024 felt like a roller-coaster ride for the real estate industry. At its peak, we saw home prices soar; but chronically low market inventory … Read more
Homeowners say they have made functional changes to how they use their home in the last few years, including space for hobbies, exercise and remote work. WASHINGTON — Since the pandemic, many consumers are using their homes in new and different ways including living with multiple family members under one roof, expanding outdoor living spaces … Read more
Some buyers are using rent-to-own deals to lock in home prices while waiting for better financing. Rent-to-own offers flexibility and negotiation benefits. NEW YORK — Affluent home buyers are increasingly interested in rent-to-own transactions, but not because they are unable to afford a down payment. These agreements can give buyers of high-end homes an opportunity … Read more
Couples often wait years after marriage to buy a home. To save time, opt for cash wedding gifts, avoid debt, explore first-time buyer programs and use tax benefits. NEW YORK — Weddings and homeownership are two major goals for many couples but affording both takes years of careful saving and planning. In 2024, the median … Read more
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