Real Estate

The good news for homebuyers is that prices have dropped.

Rates could go even higher following Moody’s downgrading of the United States’ credit rating.

South Carolina had the highest foreclosure rate, followed by Illinois and Florida.

Depending on where the house is located, carriers not only have increased insurance rates but some companies are refusing to insure them.

For many high-net-worth individuals, owning a home is not an appealing financial move right now.

A 2023 study by AMG National found that 90 percent of inherited wealth disappears by the third generation.

Many Americans are still being priced out of homeownership due to high interest rates and increasing home costs, according to a real estate finance expert.

Affordability worsened in 97 percent of counties in the first quarter.

Homebuyer interest is increasing, which could translate into sales if rates drop even more.

Housing starts jumped by more than 11 percent on a monthly basis in February, suggesting robust construction activity.

Low property taxes in the Golden State are keeping people in their homes longer, according to Redfin.

While sales are expected to rebound this month, high mortgage rates will limit the upside potential for buying activity in 2025, said an economist.

From utility bills to insurance premiums, homeownership expenses have increased sharply over the past few years.

A typical home sold in January sat on the market a week longer than a year ago, data show.

Unmarried people were found more likely to borrow money from friends or relatives to pay for housing.

Texas is leading the nation with nearly 22,000 new housing units under construction.

Buyers have been cautious about purchasing a home in hopes of costs coming down, a real estate expert said.

Sales are expected to see a ‘slight gain’ this year amid strong macroeconomic conditions, according to a real estate expert.­