Today: 5. Nov, 2024
The U.S. housing market has been challenging for many potential buyers, but recent developments suggest that conditions might be improving, though affordability remains a significant hurdle. A combination of lower mortgage rates and increased inventory is offering some relief, but experts caution…
Record inflation may have people questioning whether homeownership is still a good investment. With home prices rising faster than incomes, homeowners feel the financial pinch as maintenance costs soar. The Growing Cost Burden of Homeownership More than one in four homeowners with…
According to a recent report, this summer has brought a slight improvement in home affordability for buyers. The median new mortgage payment decreased to $2,167 in June, a 2.4% decline from $2,219 in May, as the Mortgage Bankers Association (MBA) reported. While…
In these times of economic fluctuation, the classic debate over whether it’s better to rent or buy a home has become even more relevant. A telling statistic from a late 2023 CNBC survey revealed that 74% of Americans are dealing with personal…
