US Existing Home Sales: Rebound Predicted by 2025
US home sales dropped significantly in 2023, compared to 2021, ↓ from 6.12M to 4M transactions. However, the forecast suggests a rebound by 2025, with the number of sales reaching 5.6M units.
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Survey: Green Features Important to Buyers
Real estate professionals are emphasizing energy efficiency in their listings as home buyers increasingly value sustainability. Green home features are now highlighted in nearly 40% of MLS listings, with 57% of respondents appreciating this focus. High-performance homes with green features, such as solar panels, can potentially fetch a premium of 1% to 5%. Homeowners are … Continued
Home Prices and Rents Poised for Double-Digit Growth
Americans expect home prices to rise 5.1% in the next year compared to last year's prediction of 2.6%. Rental costs are also expected to jump by 9.7%, the second-highest prediction on record.
Rents Rising Faster Than Wages: A National Housing Squeeze
Rents in most major US cities have grown significantly faster than wages over the past four years. Some resources reported that rents rose 30.4%, wages 20.2% from 2019 to 2023, especially in Florida.
Cost of Buying a House Hits All-Time High
The cost of buying a house in the US has reached a record high, with a median price of ~$384K. This is due to a combination of rising home prices and mortgage rates.
Interest Rates
In this article, we take a look at two alternatives: Adjustable-Rate Mortgages (ARMs) and Buydown Mortgage.
Real Estate Agent Idaho
While there are many Realtors who can help you make a sound investment, finding the best real estate agent Idaho can seem overwhelming. We understand how it feels searching through newspaper listings or online trying to find someone to guide you through the home buying/selling process. Here are a few tips to ease the burden.
Caldwell Idaho, a Destination City
Caldwell is about 30-45 minutes from Boise. The town’s leadership has spearheaded a major transformation of the town’s face over the last two decades. Here are the most important places in Caldwell, including notable additions that have made Caldwell truly a destination city.
Living in Caldwell Idaho – 5 Things I Love
Caldwell is a small but the first major city that boasts of magnificence as one enters the western Treasure Valley. It is a small community full of happy, friendly, and very sincere people. Having lived and experienced the awesomeness of Caldwell for a while, the following are five things I love about the city.
Why Are Mortgage Rates Going Higher
Mortgage rates are on the rise. Some experts say that mortgage rates will continue to go up as long as low inflation and investors have a high appetite for risk. It is important for people considering buying a home to understand what it means.