Purchasers of new-home construction may have signed their contracts a year ago, when mortgage rates were considerably lower. Now, they’re facing significantly higher borrowing costs as they near closing.
NAR has shown the shortfall at 5.5 million homes in the U.S. and has called for “urgent action.”
Find out which markets are seeing a boost in economic and demographic variables that are leading to a booming commercial sector.
Mortgage fraud is on the rise, and risky borrower behavior is likely to increase, a new report says.
More home buyers may be getting priced out due to rising prices, mortgage rates, and a recent federal government loan fee increase.
Find out where buyers are striking it big in real estate.
Giving buyers a window into fire risk adds transparency and enables owners to plan with fire safety in mind.
Material costs for building a new home are up 19% over a year ago, continuing to pressure builders’ and new-home buyers’ budgets.
The median apartment rent has jumped more than 16%, and college grads are struggling to afford the rising costs.
Homeowners are increasing their home improvement budgets to enhance the following areas around a home.
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