When I started writing this real estate column in June 1971, the average mortgage rate was 7.53 percent, according to Freddie Mac. The median home price was $26,100. Today, the trend is definitely upward, with occasional short-term dips to remind us of the market's volatility.Read More »
An unprecedentedly high proportion of home sales involve all-cash transactions in today's market. According to a National Association of Realtors' report, all-cash offers account for 33 percent of home sales, with international and investor buyers taking the lead.Read More »
Today’s homebuyers represent a variety of values, customs and cultures. A new survey reveals that Caucasian, African-American and Hispanic homeowners are far more alike than different when it comes to the home buying process. However, key differences arise when considering ...Read More »
Individual investors are using a variety of methods to obtain needed funds for investing in real estate. Those methods range from loans against the equity in their residences to tapping into their retirement accounts. Driving the trend is a strong ...Read More »
It’s very unlikely that a significant housing bubble is forming, most experts say. For example, reports from Capital Economics and Redfin asserted no such bubble is forming – at least not on a national level. Capital Economics recently addressed concerns ...Read More »
Many homeowners are unsuspecting victims of medical problems, ranging from asthma attacks to lung cancer, caused by components and conditions in their residences. This was revealed in a new study by the Environmental Protection Agency and the Department of Housing ...
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