Weely Real Estate News
Should You Buy a Multi-Family Home? 6 Pros and Cons
The post Should You Buy a Multi-Family Home? 6 Pros and Cons appeared first on Weekly Real Estate News.
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Weely Real Estate News
Nearly Nine in 10 Metro Areas Posted Home Price Gains in the Fourth Quarter of 2022
The post Nearly Nine in 10 Metro Areas Posted Home Price Gains in the Fourth Quarter of 2022 appeared first on Weekly Real Estate News.
Housing
US home prices dropped for the fifth month in a row in November
US home prices dropped for the fifth month in a row in November, as rising mortgage rates pushed prospective buyers out of the housing market late last year and prices continued to cool, according to […]
Housing
New home sales rose in November, defying expectations
New home sales were up in November from the month before, even as prices remained elevated and buyers faced some of the highest mortgage rates of the year. Sales of newly constructed homes rose 5.8% […]
Weely Real Estate News
The Essential Guide to Home Inspections
The post The Essential Guide to Home Inspections appeared first on Weekly Real Estate News.
Housing
Where will US home prices drop in 2023? And where will home prices get even more expensive?
Home prices hit all-time highs in 2022, with the median price increasing by 50% from January 2020. High mortgage rates have slowed down the housing market considerably, with Redfin predicting that the median U.S. home price could […]
Housing
Real-estate investing in a down market: Strategies to use, how far home prices will fall, cities where prices are falling the most, which markets to invest in, and more
Home prices are on the decline after their pandemic-era melt-up. That’s bad news for current real estate investors, and probably good news for prospective ones. Here’s how to navigate today’s shifting market. After their historic […]
Weely Real Estate News
Buyers are getting more for their money as home shopping season approaches
Feb. 9, 2023 (Staff Writer)- Home buyers’ mortgage payments have started stretching a bit further in recent months, a new Zillow® analysis shows. As mortgage rates doubled last year, the home price afforded by […]
Weely Real Estate News
A surge in mortgage rates and elevated home prices dampened California’s housing affordability in fourth-quarter 2022, C.A.R. reports
Feb. 9, 2023 (Staff Writer)- A rapid rise in mortgage interest rates depressed housing affordability in California during the fourth quarter of 2022 and pushed the statewide affordability index for an existing, single-family home to […]
Top News
Jennifer Deason Appointed Chief Executive Officer of Home Partners of America; Co-Founder and Current CEO William Young to Transition to Non-Executive Chairperson
Feb. 8, 2023 (Staff Writer)- Home Partners of America (“Home Partners” or the “Company”), a leader in making homeownership a reality for more people and a wholly owned portfolio company of Blackstone, today announced that […]