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. Continue reading….
Archive | Daily News
RSS feed for this sectionRising Rental Costs Squeeze College Grads
The median apartment rent has jumped more than 16%, and college grads are struggling to afford the rising costs. Continue reading….
Building Materials Press Even Higher
Material costs for building a new home are up 19% over a year ago, continuing to pressure builders’ and new-home buyers’ budgets. Continue reading….
The Most Popular Spaces to Remodel and Their Costs
Homeowners are increasing their home improvement budgets to enhance the following areas around a home. Continue reading….
The Case for Wildfire Risk Ratings at Realtor.com®
Giving buyers a window into fire risk adds transparency and enables owners to plan with fire safety in mind. Continue reading….
Top 10 Places With Highest Share of ‘Equity Rich’ Homes
Find out where buyers are striking it big in real estate. Continue reading….
Buyers Have Doubled Their Down Payments
With rising home prices, home buyers are bringing higher down payments to make their offers more attractive to sellers. Continue reading….
52% of Homes Sold Above List Price in April
Homes in April sold for an average of $13,655 above the list price. Find out where homes fetched the highest premiums. Continue reading….
Buyers Resilient Against Rising Rates
The monthly mortgage payment has increased by about $520 since the first week of January. Continue reading….
Realogy Rebrands: Why It Wants to Be ‘Anywhere’
“The Anywhere name and identity serve as both our aspiration and commitment to changing the transaction experience for consumers,” company execs say about the name change. Continue reading….