Discover real estate trends, investment strategies, and expert advice for buyers and investors.
Real Estate
U.S. home prices are expected to continue rising in 2025, albeit at a slower rate than this year, according to a recent forecast from Bank of America. The investment bank’s mortgage-backed securities (MBS) research team predicts a 2% increase in national home prices next year. This projection marks
Real Estate
Zillow's deep dive into millions of real estate listings reveals emerging trends shaping homebuyers' preferences in 2025. With rising living costs, climate concerns, and evolving lifestyles, buyers are prioritizing homes that are safe, sustainable, and stylish. Here are 5 key trends dominating the market: 1. Homes Built
Real Estate
If you’ve recently searched for an apartment and noticed sky-high rent prices across the board, you’re not imagining things. RealPage, a leading software company, is at the center of an antitrust storm for allegedly driving up rental costs through its algorithm-driven pricing platform. Federal prosecutors and lawmakers argue
Real Estate
Homeowners' associations (HOAs) often enforce rules to maintain community standards, but certain rights are protected by law, limiting their authority. Understanding these protections can help homeowners navigate HOA regulations effectively. 1. Displaying Satellite Dishes and Antennas Under the FCC's Over-the-Air Reception Devices (OTARD) rule, HOAs cannot prohibit
Real Estate
The average rate for a 30-year fixed mortgage in the United States has dipped slightly to 6.81%, offering a small relief to prospective homebuyers amid a challenging real estate market. This follows a modest decline from the previous week's rate of 6.85%, according to data released
Construction
The U.S. faces a massive housing shortage, with millions of homes needed to meet growing demand. However, builders are struggling to deliver. A combination of rising costs, labor shortages, and regulatory hurdles is stalling construction, even as home prices soar. The Housing Crisis in Numbers The U.S. currently
Real Estate
As mortgage rates and home prices continue to rise, many potential homebuyers will find it increasingly difficult to afford purchasing homes, driving greater demand for rental properties in 2025. Real estate investment trusts (REITs) such as American Homes 4 Rent and Invitation Homes are poised to benefit significantly from this
Real Estate
In October 2024, U.S. existing home sales rose by 3.4% from September, reaching an annualized rate of 3.96 million units, marking the first year-over-year increase since July 2021. This uptick is attributed to a slight rise in housing inventory, which provided more options for buyers despite persistently
Real Estate
Before purchasing a home, it's essential to assess your financial readiness and how homeownership aligns with your long-term goals. Consider the following key questions: 1. Can I Afford the Total Cost of Homeownership? Beyond the mortgage payment, homeownership entails additional expenses such as property taxes, insurance, maintenance, and
Real Estate
The decision to buy a home is significant, and timing plays a crucial role. Recent data indicates that the median age of first-time homebuyers has risen to 36, the highest on record. This trend suggests that many are postponing homeownership. Let's explore the advantages and disadvantages of delaying
Real Estate
The New York City Council has passed the Fairness in Apartment Rentals Act (FARE), shifting the responsibility of paying broker fees from tenants to landlords. The legislation, approved by a 42-8 vote, aims to alleviate the financial burden on renters by prohibiting brokers representing landlords from charging fees to tenants.
Real Estate
U.S. home builders are increasingly converting unsold homes into rental properties or selling them to investors amid a surge in housing inventory and elevated mortgage rates. This shift is driven by a significant rise in unsold inventory, which has reached its highest level since 2009, and the affordability challenges