The April NAHB/Wells Fargo HMI survey showed that 22% of builders cut home prices in April, down from 24% in March and 36% in December 2023.
Potential flippers should understand the process of home flipping before jumping in. Some of the common unknowns include the tax benefits.
Today’s average rate on a 30-year home loan is just under 7%, not far from the historical average. Still, some homebuyers say they’re waiting for rates to drop.
Clint Strauch, president of Florida Peninsula Insurance, says the 2% average rate decrease shows the property insurance market is stabilizing.
Read a special digital supplement of Realtor Magazine with important content that dispels misinformation and myths about the proposed settlement.
Fed policymakers need more confidence that inflation is steadily slowing to their target level before a rate cut. Interest rates affect mortgage rates.
All businesses – big and small – should have a flood plan as part of their financial plan. Preparation is one way to ensure your company will survive.
