Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to the National Association of Realtors. The reading, which is based on signed contracts during the month, is a forward-looking indicator of closed sales as well as the most current look at what potential homebuyers are … Read more
An Australian landlord has been praised on social media for a generous act towards their tenant a week out from Christmas. On December 17, a tenant posted on Facebook that they had come home to find a card had been placed at their doorstep. “We got home from church this morning and found this at … Read more
SAN ANSELMO, CALIFORNIA – NOVEMBER 30: A “sale pending” sign is posted in front of a home for sale on November 30, 2023 in San Anselmo, California. According to a report by the National Association of Realtors, pending home sales fell 1.5 percent in October to their lowest level in 20 years. (Photo by Justin … Read more
A crane taking four 15-foot-wide by 60-foot-long modular home segments and stacking them one on top of the other to make a new duplex in Aurora, Colorado in 2018. Hyoung Chang | Denver Post | Getty Images A century ago, a first-time homebuyer might begin their search in a catalog for a kit-built home from … Read more
In the ever-evolving realm of India’s real estate, the third quarter of 2023 has brought about unexpected changes, capturing the attention of both investors and industry stakeholders. Amidst this dynamic landscape, the significance of real estate investment with limited capital has come to the forefront. As property prices surge in both commercial and residential sectors, … Read more
Australian homeowners are now facing more mortgage stress than any other nation, an International Montetary Fund report suggests. Mortgage stress refers to when more than one-third of a household income is spent on mortgage repayments. WATCH THE VIDEO ABOVE: Australians under more mortgage stress than any other nation. For more Real Estate related news and … Read more
Home affordability has gotten worse in most major U.S. cities — except for Austin, Texas. Of the 50 largest real estate markets in the U.S., Austin is the only city to post a decline in home prices for the 12 months ending in November, according to a report by online realtor Redfin. In that time, … Read more
A shopper carries several bags in the Magnificent Mile shopping district of Chicago on Dec. 2, 2023. Taylor Glascock | Bloomberg | Getty Images The U.S. economy has remained remarkably strong but affordability is worse than it has ever been, some social media users say, even when compared to The Great Depression. One of TikTok’s … Read more
House for sale with “For Sale” real estate sign in yard in spring or summer season. No people. Fstop123 | E+ | Getty Images Mortgage demand fell last week compared with the previous week, despite a continued drop in rates, according to the Mortgage Bankers Association‘s seasonally adjusted index. The average contract interest rate for … Read more
Experts suggest thinking about how you’ll use your home in future when considering a building project. 10’000 Hours | Digitalvision | Getty Images Extending your home or remodeling your kitchen and bathroom may be an exciting prospect but it’s worth carefully planning the design and build to manage the risks involved, according to specialists who … Read more
