Realtor.com Chief Economist Danielle Hale said data from April illustrates a “perfect storm” of supply and demand dynamics that’s driving the ongoing surge in rental prices. These dynamics include the low number of rental units available, and […]
Old submarine gauges What is a Sub Meter System? Traditional water metering involves the installation of one “master” meter that tracks water consumption for an entire building. Then when billing residents, water costs were simply […]
Virtual house tour. Young woman using a VR headset and joystick while making a real estate immersive tour Moving Beyond Remote Tour Technologies Multimedia has always played a strong role in the real estate industry. […]
It’s a tempting number that explains why so-called ARMs are in big demand. Earlier this month it was reported that demand for ARMs had reached a 14-year high amid rising interest rates that have made standard mortgages […]
The report finds that the median single-family and condo price made gains in 55% of opportunity zones nationwide between the fourth quarter of 2021 and the first quarter of this year. What’s more, in half […]
Recent data suggests that both new home and existing home sales are falling, as well as pending home sales. The latter fell for the sixth consecutive month in April to its lowest pace in almost […]
Home affordability has become a major concern amid double-digital home price appreciation and rising mortgage rates. Compared to last year, the average monthly mortgage payment is now 50% higher. These rising costs are deterring an […]
Buyers today are struggling to find good homes for sale. According to the most recent data from the National Association of Realtors, home inventories are at record lows and continue to fall. In April, home […]
Prices are up almost everywhere – from food, to gas, to home prices. In February 2012, the nationwide median sale price of a house in the U.S. was $160,000. More than ten years later, that number is […]
Mortgage rates were at record lows of 3% or even less in some cases last year. Yet, a series of sudden increases have sent mortgage rates to 5.3% as of this week. The resulting increases […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes