Category Archives: Buying a Home
First-time buyers find newer homes to choose from
Source: Realtor.com Sales of cheaper newly constructed homes, which buyers have been clamoring for, dropped in September, according to the U.S. Commerce Department’s new residential sales report. In fact, just 2 percent of all new home sales...
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Talking Points
More millennials entering their prime homebuying years, rising household formation, and continued job gains boosting overall demand are expected to be behind the slight increase in existing-home sales in 2017, according to a residential...
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Housing is now unaffordable in many rural parts of California
Source: KPCC Radio Inland, rural parts of California are becoming increasingly unaffordable too, according to a new report by the McKinsey Global Institute. The report found it is nearly as expensive to live in Watsonville, a small farming...
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Return of house flipping eases housing crunch in some states
Source: Chicago Tribune While house flipping helped fuel the housing crisis a decade ago, industry experts say a current wave of house flipping is helping to ease a shortage of affordable housing in some parts of the country. The...
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Before you buy that home, avoid utility bill shock
Source: CNBC Housing affordability isn't just about your monthly mortgage or rent payment. Utility bills can also add up. Median spending on utilities is $2,715 per year – or $226 per month – for single-family homes,...
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