Home Prices Stay High, Buyers Wait for Relief
In October, the combination of rising mortgage rates and high home prices has slowed home sales to a 14-year low.New single-family home sales ↑ 4.1% MoM, signaling potential market recovery.
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How to Save for a House When You Have Kids
The real estate market can be intimidating for house hunters, but there are strategies to save for your dream home. Consider your budget, credit score, and overall costs of homeownership. Use a mortgage calculator to determine what you can afford. Save for a down payment, closing costs, and moving expenses. Assess your finances, set savings … Continued
Four tips to save on real estate commissions
Real estate agents' fees are negotiable, and sellers have more leverage in the current market. It is important to research the commission landscape in your area and meet with multiple agents to compare services. Highlighting factors that make your home easier to sell can be used as a bargaining chip. Exploring alternative sales models, such … Continued
Moving with Ease: Home Selling Tactics for a Swift Transition
Selling a home in the changing real estate market of 2023 requires strategic and informed approaches. Sellers should stay updated on market trends, use comprehensive online guides, understand market dynamics, price their homes correctly, enhance their home's appeal, be open to negotiation, choose the right representation, and utilize modern selling options like iBuying and online … Continued
Tips for Cutting Costs: Boost Savings for Home Buying!
Create a budget by listing income sources, tracking spending, and identifying non-essential expenses to reduce. Set financial goals by researching housing markets, breaking down savings into monthly or yearly targets.
What Makes Your Home Sell Faster?
Pricing slightly below market value attracts multiple offers and encourages faster sales across regions. Well-maintained exteriors and appealing landscapes boost property attractiveness in any climate.
If you have an average credit score and want to buy a house, consider these lenders
Buying a home for the first time can be stressful, especially if you have an average credit score. However, there are mortgage lenders that cater to those with fair credit. Chase Bank offers flexible down payment options, while Ally Home provides fast pre-approval and fewer fees. SoFi offers discounts and cash back to help you … Continued
Fed Interest Rate Forecast for 2025-26: Expert Insights
Fed Funds Rate Trends Forecast: – 2025 rate: drop to 4.0% – 2026 rate: to hold ~3.8% Economic Outlook for 2025: – GDP growth: taper from 1.8% to 2.5% by year-end – Rate cuts respond to slower economic growth
Western state governors eye public lands for affordable housing development
Colorado Gov. Jared Polis and other Western governors are exploring the use of federal lands to address the affordable housing crisis in the region. In Nevada, officials are leveraging a federal law to acquire land for development at reduced prices, while Colorado's Summit County has leased U.S. Forest Service land for affordable housing. However, challenges … Continued
Look: Discover Idaho’s Most and Least Affordable Rental Spots
Idaho's rental market faces challenges due to rapid population growth and rising demand, particularly in the Treasure Valley. The "30% rule" suggests spending no more than 30% of income on rent, but local conditions affect affordability. Tips for finding affordable rent include exploring suburban areas, leveraging local networks, and timing rentals during winter months. Blackfoot … Continued