Residents of communities that require hurricane-resistant homes get a break on the cost of flood ins., but does it lower FEMA’s overall costs? A study says yes.
Buyers are more focused on a home’s asking price in the face of higher interest rates. In a sellers’ market, pricing too high may work. Now it might be a deal breaker.
The S&P CoreLogic Case-Shiller index showed a 5.8% annual gain in home prices for Dec., down from 7.6% through the 12-month period ending in Nov.
A seller seeing little interest after several months wonders what’s wrong with her house since the price is identical to similar homes that sold a year or so ago.
Investors expect the Fed to raise interest rates soon, and this week’s increase in the 30-year, fixed-rate mortgage reflects that. Last week it was 6.5%.
Study: The typical U.S. homeowner moved after 12.3 years in 2022, down from 13.4 in 2020 and 12.9 in 2021. But in Fla., only a Miami homeowner stays that long.
A mortgage lender program, “Equity Unlocker,” allows Amazon workers to pledge stock as collateral for their down payment rather than selling it to raise cash.
NAR study: The U.S. homeownership rate rose to 65.5% in 2021 – but Black ownership (44%) lags white ownership (72.7%) by 29 percentage points.
Start simple – maybe two social media channels – track effectiveness and then add a few more. It takes time to hone skills and figure out which ones work best.
Jan. pending sales rose 8.1% month-to-month as mortgage rates fell and affordability increased; however, pending sales were still down 24.1% year-to-year.
