home sales

Timber prices are dropping, but home building costs are ‘unprecedented’, according to Bank of America

Timber prices may collapse, the housing market may slow, but building a home is still a big task. A new report identifies the elements that actually go into building a home, highlighting just how complex — and expensive — the process can be. “In the past three years, the cost of building a home in …

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Institutional investors have purchased hundreds of thousands of single-family homes, many in black communities. Critics say it is creating a ‘generation of tenants’

Democratic lawmakers are examining whether the American dream of a suburban home and a white picket fence is being taken over by large institutional investors, costing workers an opportunity for real estate ownership. The House Financial Services Subcommittee on Oversight and Investigations held a virtual session Tuesday titled “Where Have All Homes Gone? Private Ownership, …

Institutional investors have purchased hundreds of thousands of single-family homes, many in black communities. Critics say it is creating a ‘generation of tenants’ Read More »

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In this file photo, a home is seen for sale in Orlando, Florida, where sales of previously occupied US homes slowed for the fourth consecutive month in May as rising mortgage rates and prices discouraged many potential buyers. The National Association of Realtors said Tuesday that existing home sales fell 3.4% last month from April …

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The study found that this is the least expensive of the 100 residential markets in America

A new study reveals that Baltimore is the least overvalued housing market. Getty Images Home prices have skyrocketed in the past year, even with mortgage rates soaring, that the pros say they’re likely to go up even more (see the lowest mortgage rates you can qualify for here). But some markets are now much more …

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5 Interesting Cities in America Where You Can Buy a Home for $100,000 or Less

Birmingham skyline, Ala. Getty Images / istockphoto Home prices in the United States have been on a rapid rise, rising nearly 20% in the past year. Mortgage rates are on the rise too, with some pros saying we could see more increases (see the lowest mortgage rates you can get right now here). That being …

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Turkish home sales double as foreign buying boom led by Russians

Official data showed, on Wednesday, that residential real estate sales in Turkey more than doubled in May, as purchases by foreigners jumped, with Russians leading buyers for the second month in a row. Data from the Turkish Statistical Institute (Turkstat) showed home sales rose 107.5% year-on-year last month to 122,768 homes, despite higher borrowing costs …

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5 economists and real estate professionals predict the housing market this summer

Want to buy a house? Here’s what the pros say you might want to know this home buying season. Getty Images / istockphoto Home prices are up, mortgage rates are up (you can see the lowest mortgage rates you can qualify for here), and many buyers are wondering: What’s in store for us this summer? …

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Higher interest rates expected to slow home sales: ‘The housing market is now in recession’

with the Federal Reserve Raise interest rates againAverage long-term mortgage rates saw their biggest jump in a single week in 35 years. Average price over popularity 30-year fixed-rate mortgage rises to 6% The highest level since the 2008 recession. But the sudden rise in interest rates is calming the housing market. In St. Louis, for …

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The housing market is going cold as an estimated 25% of home listings slash asking prices and wake-up calls from the Yellowstone Flood: Is Your Home Insured Adequately?

Hello, MarketWatchers. Don’t miss this important news. Yellowstone Flood Awakening Call: Is Your Home Insured Adequately? The flood zone is larger than most people realize, and population shifts can mean more people are moving to risky areas, without adequate insurance. Read more The housing market is slowing down as an estimated 25% of home listings …

The housing market is going cold as an estimated 25% of home listings slash asking prices and wake-up calls from the Yellowstone Flood: Is Your Home Insured Adequately? Read More »

Timber price volatility has risen to levels not seen since the end of World War II – why homebuyers should be concerned

The price of the main building material is more unpredictable today than it has been since the end of World War II. This should worry home buyers and renters alike. A recent analysis from the National Association of Home Builders examined the recent rise in the cost of building materials, which rose 1.5% in December …

Timber price volatility has risen to levels not seen since the end of World War II – why homebuyers should be concerned Read More »

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