Remodeling report: Some projects boost the home’s appeal and offer a great return on investment, like a new steel front door (100% ROI) or a closet remodel (83% ROI).
To ensure a family member keeps a co-owned vacation home, consider joint tenancy with right of survivorship and create a co-ownership agreement.
Experts forecast home prices to rise 3.4% in 2025 and 3.3% in 2026, down from earlier projections, according to Fannie Mae’s Q1 2025 survey.
The average rate on a 30-year mortgage rose to 6.83% from 6.62% last week, while rates on 15-year mortgages increased to 6.03% from 5.82%.
The 28/36 rule helps buyers gauge affordability: spend no more than 28% of income on housing and 36% on total debt, though some lenders may allow more.
March housing starts fell 11.4% to a 1.32M pace amid higher rates and costs, while permits rose 1.6%, suggesting continued interest in future building.
In early 2025, luxury homes saw stable demand, making up 7.5% of sales, up from 5% in February 2023. Listings under $1M took 64 days to sell and over $1M took 75 days.
NAR's latest guide helps buyers navigate land purchases, construction loans and building a custom home, providing valuable insights and tools for informed decisions.
Nearly half of small business owners don’t realize they have a business credit score — yet it can influence loans, insurance and growth.
The bipartisan Housing Supply Frameworks Act would help state and local governments update rules that delay new housing, according to NAR.
