Turning the rising number of empty office buildings into apartments has increasingly been cited as a way to help alleviate housing shortages. But several barriers exist to completing these conversions. Continue reading….
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RSS feed for this sectionEquity Motivates More Sellers
When they do, they expect to sell for high and anticipate fierce bidding wars for their home, a survey shows. Continue reading….
New-Home Construction Rising
Montana’s new-home construction is booming. See where else single-family construction is picking up pace. Continue reading….
Inflation Top Concern Among Real Estate Investors
Investors reveal several pain points in a transaction, but it’s still not preventing them from moving forward. Continue reading….
Agents Use ‘Closing Guarantees’ to Help Buyers Win Advantage
In multiple-offer situations, these can be written into a contract to offer greater assurance that the buyer will close on time. Continue reading….
As Buyers Reel, Sellers May Need to Consider Price Drops
“There really is a limit to homebuyer demand, even though the market over the past few years has made it seem endless,” says Redfin’s chief economist. Continue reading….
‘Feeder Cities’ Grow as Hot Spots for Renters
Areas with lower home prices that serve as easy commutes from city centers are increasing in popularity. Continue reading….
Survey: First-Time Buyers Still Want a Bathtub
Recent bathroom remodeling trends have focused on removing the tub and supersizing the shower—but that could hurt resale value. Continue reading….
More Buyers Making Compromises to Find a Suitable Home
Eighty percent say they’ve had to increase their budget or accept a home that’s older or in worse condition than they initially wanted. Continue reading….
Mortgage Rates Hit 5% for First Time Since 2011
Since the start of the year, about $400 has been added to the average monthly mortgage payment on a median-priced home. Continue reading….