Even with interest rates at record lows, someone buying the typical home today will have a larger monthly mortgage payment than they would have if they bought a year ago.
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The CDC order provides a declaration for renters to sign stating they are unable to pay rent and have sought government assistance.
The post Renters in U.S. Cannot Be Evicted Through the End of the Year Due to Coronavirus, CDC Order States appeared first on Real Estate News & Insights | realtor.com®.
How much money homeowners get back from their insurance company to rebuild will depend on what coverage they had and the specifics of their policy.
The post As Louisiana Recovers From Hurricane Laura, Here’s What Homeowners Should Know About the Fine Print in Their Insurance Policies appeared first on Real Estate News & Insights | realtor.com®.
Even with interest rates at record lows, someone buying the typical home today will have a larger monthly mortgage payment than if they had bought a year ago.
The post Mortgage Rates Fall Once Again—but Rising Home Prices Mean That Buyers Shouldn’t Expect Savings appeared first on Real Estate News & Insights | realtor.com®.
July was the third consecutive month in which the level of Americans signing contracts to purchase homes has risen. Home sellers reportedly are going under contract in record time.
The post Pending Home Sales Rise in July, but Inventory Challenges Could Limit the Housing Sector appeared first on Real Estate News & Insights | realtor.com®.
Sales of new single-family homes increased markedly for the third month in a row, driven by a nearly 59% increase in the Midwest.
The post New Home Sales Surged to Highest Level Since 2006 in July, but Builders Could Soon Face Headwinds appeared first on Real Estate News & Insights | realtor.com®.
The numbers: Home-price appreciation continued at a steady clip in June as many states began reopening businesses from shutdowns related to the coronavirus pandemic, according to a major price barometer released
The post Home Prices Continued to Rise in June, Case-Shiller Index Finds—as Americans Face a Growing Affordability Crunch appeared first on Real Estate News & Insights | realtor.com®.
The national median home price surpassed $300,000 for the first time on record, according to the National Association of Realtors
The post Existing-Home Sales Soar at a Record Pace in July as Americans Make Up for Lost Time—but Two Big Caveats Remain appeared first on Real Estate News & Insights | realtor.com®.
Despite the rise in interest, buying a newly-built home is fast becoming a more expensive proposition, thanks to the rising cost of lumber.
The post Housing Starts Soar 22.6% in July as Americans Reenter the Housing Market in Droves appeared first on Real Estate News & Insights | realtor.com®.