The average loan size for a new home soared to a record high last month, reaching $423,102, from $414,114 in November 2021. Continue reading….
Archive | Daily News
RSS feed for this sectionSingle Women: Skip the Spouse, Buy the House?
25
Jan
Eighty-seven percent of single women recently surveyed say it’s an “outdated idea” that someone must be married to purchase a home. Continue reading….
Real Estate Pros Offer Road Map to Rebuild Wildfire-Ravaged Town
25
Jan
The Counselors of Real Estate proposes an expedited redevelopment process for the town of Paradise, Calif., to rebuild from the deadly 2018 Camp Fire. Continue reading….
IRS to Require Selfie to Access Online Taxes
22
Jan
This summer, the Internal Revenue Service will begin requiring taxpayers to use facial recognition to access certain tools on its website. Continue reading….
Mortgage Rates Surge for Third Consecutive Week
22
Jan
The 30-year fixed-rate mortgage is up 45 basis points in less than a month. Continue reading….
Buyers Have Never Viewed Fewer Homes Before Purchasing
22
Jan
Dwindling inventory and increased competition forced house hunters to make fast decisions last year, an NAR analysis finds. Continue reading….
Average Size of Mortgage Loan Hits Record High
22
Jan
Data suggests that first-time buyers are struggling even more to afford higher home prices. Continue reading….
Consumers’ Preferences for the ‘Perfect’ Kitchen
22
Jan
A new survey reveals the top features buyers want as well as their pet peeves for this prime spot in the home. Continue reading….
Short-Term Rentals Surge Among Remote, Hybrid Workers
21
Jan
Work-from-home is becoming work-from-anywhere. Employees no longer tethered to a workplace are using these getaway sites to travel as they work. Continue reading….
Existing-Home Sales Reach Highest Point Since 2006
21
Jan
The housing market was red hot in 2021. Check out NAR’s latest home sales report for more and to find out what may lie ahead. Continue reading….
