US Real Estate

Industry experts warn that buyers closing deals out of ‘fear of missing out’ may be ruining their financial futures.

‘This senseless nationwide codes mandate will significantly raise housing costs,’ said NAHB chairman Carl Harris.

Over the decade, the sales price of a median US home has doubled, rising by 50 percent in just the past five years.

‘It is nothing short of insane that there are some who are entering other people’s homes and claiming them as their own,’ Georgia Gov. Brian Kemp said.

Almost half of US homeowners and renters are struggling to afford their housing payments to the extent that 22 percent have begun skipping meals.

Homebuyers are now putting up 15 percent of a home’s purchase price as downpayment, up from 10 percent a year back.

An annual income of $156,814 to $197,057 required to buy a typical home in California, Hawaii, Massachusetts, and Washington.

The $418 million judgment and turn away from the multiple listing service and automatic commissions will help the industry evolve, a professional argues.

The cost of buying a starter home was over 60 percent higher than renting.

While the Multiple Listing Service (MLS) may not be perfect, abandoning this model is fraught with serious problems, real estate industry professionals say

A long-running lawsuit, with stakes as high as $5 billion, finally reaches a resolution, which the association describes as a victory on many levels

‘We opened up our borders and I believe it was irresponsible to do that without the resources in place to take care of all those people we have on the streets.’