Mortgage rates are rising again, but with slim pickings in the housing market for buyers, that might not be the biggest problem they have.
The post Is the Housing Market About To Hit Rock Bottom? Here’s What That Means, and Why We May Be Here for a While appeared first on Real Estate News & Insights | realtor.com®.
Author: Andrea Riquier
Property Taxes Can Take a Big Chunk of Your Housing Budget: Here’s Where They’re the Lowest and the Highest
Property taxes can range from hundreds of dollars a year to tens of thousands. That means home shoppers need to take this important expense into account.
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The Homebuyer Burnout Epidemic: Why House Hunting Feels So Hopeless Now—and When the Agony Will End
Across the country, homebuyers and their real estate agents—and even some home sellers—describe a sense of deep fatigue in this merciless housing market.
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Americans May Want More Space, but Their Apartments Are Getting Smaller
Despite people clamoring for more square footage during the COVID-19 pandemic, 2022 had the biggest year-over-year decline in new apartment sizes.
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Mortgage Rates Just Hit a 4-Month Low, but Do Homebuyers Even Notice—or Care?
As homebuyers and sellers alike bide their time, here’s what’s going on in the housing market this week, and what could come this spring.
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Rents Are Still Rising—but Not By Much. Are the Steep Hikes Finally Over?
The rent may still be too high, but at least it’s not skyrocketing—a welcome cooling-off after the craziness of the COVID-19 pandemic period.
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Here’s the Best State in America To Raise a Family, 2023
These aren’t states that normally top real estate “best of” lists. They’re not the cheapest or warmest, but they’re good for families for this reason.
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Almost Half of Homebuyers Who Took Out an Adjustable-Rate Mortgage Regret Doing So
About 43% of homebuyers with an ARM regret taking out the loan. The mortgage has a low introductory rate that goes up and then adjusts over time.
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Is Flipping Flopping? Investor Profits on Fix-and-Flip Properties Are Lowest in 13 Years
Homebuyers stymied by high prices and slim pickings are not alone. Home flippers aren’t faring so well either.
The post Is Flipping Flopping? Investor Profits on Fix-and-Flip Properties Are Lowest in 13 Years appeared first on Real Estate News & Insights | realtor.com®.
Foreclosures Are Surging: Is a Repeat of the Great Recession Looming?
Foreclosures are rising, but they aren’t a red flag for the housing market. The higher numbers are due to COVID-19 foreclosure moratoriums that ended.
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