Fresh Paint, Air Fresheners Among Red Flags for Buyers : Make sure a seller is not just putting “lipstick on a pig.” A home inspector shares the most common cover-ups to be wary of while house hunting.
Builders Struggle to Keep Up With Demand : Inventories remain low and affordability concerns persist as builders continue to face a shortage of lots, labor, and building materials.
3 Predictions for the 2021 Rental Market : Many renters have transitioned into homeownership during the pandemic, and rental demand and prices are dropping in major cities like New York and San Francisco. What’s next?
2020 Has Killed These 3 Home Design Trends : The open layout, among other design concepts, is becoming less trendy as homeowners favor more privacy while hunkering down at home.
Rising Home Prices Create Windfall for Owners : The average homeowner gained about $17,000 in equity year over year in the third quarter, according to CoreLogic.
3 Trends Driving Hyperactivity in the Real Estate Market : Low inventory, bidding wars, and record-low mortgage rates are giving consumers a new sense of FOMO—fear of missing out—and fueling high demand. From NAR’s virtual Real Estate Forecast Summit, Dec. 10
Searches for Manufactured Homes Surge 50% : New data from Point2Homes shows searches for manufactured homes rose 50% from May to September, compared to the same period a year earlier.
Homeowners Need to Update Insurance After a Remodel : Homes may be under-insured following a renovation, leaving homeowners with the bill if disaster strikes.
38% of Renters Can Afford to Buy a Home : An NAR economist credits falling mortgage rates and increased incomes but says down payments still present a hurdle to many.
Sellers Likely to Keep Market Advantage Next Year : Home prices will continue to rise amid strong buyer competition and low inventory, boosting sellers’ profits, realtor.com® researchers say.