Home values refer to the estimated market value of a residential property, based on various factors such as location, size, condition, and recent sales of comparable properties in the area.
Home values can be influenced by a range of factors, including economic conditions, interest rates, local real estate trends, and supply and demand in the housing market.
Although inventory is closer to catching up with last year, home shoppers are still contending with fewer homes for sale. The national inventory of active listings declined by 12.2% over last year, while the total […]
Higher home prices and sharply higher mortgage rates have reduced buyer activity. KEY TAKEAWAYS Existing-home sales fell for the third straight month to a seasonally adjusted annual rate of 5.61 million. Sales fell 2.4% from […]
Zillow sees signs that a rebalancing could be around the corner, but for now the market is moving at record speed. KEY TAKEAWAYS U.S. home values continue to grow at a record pace, up nearly […]
Townhouses were more likely to receive multiple bids. Just over 60% of home offers encountered competitive bids on a seasonally adjusted basis in April, the lowest level since March 2021, says online real estate brokerage […]
People spent $2.8 trillion on homes last year, setting an all-time high. KEY TAKEAWAYS According to the report, at the end of 2021, prices were 50% above their highest point before the market crash in […]
Many home sellers are making a profit on their sale. But if that profit is high enough, they may be on the hook for capital gains taxes. Capital gains taxes kick in when profits exceed […]
What’s better: a brand-new home or an older home? While buyers may have preferences, costs can be a factor. Some real estate experts say selling costs are up to 30% lower for older homes compared […]
The infamous North Carolina mansion where the wife of an author was discovered lying in a pool of blood at the bottom of a staircase has been at the center of a case that has […]
Home buyers realize they need to be quick with their offers in today’s competitive housing market, a new report says. Sixty-five percent of buyers recently surveyed said they’d make an offer within three days of […]
Some Highlights If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. […]
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