Which Is Cheaper: Buying an Existing Home or Building New? : Buyers who limit their construction costs and omit upgrades could save thousands of dollars, a study says.
Many Homeowners Admit Not Knowing How to Maintain Their Home : Home maintenance affects value over the long run. But a new survey shows that homeowners lack knowledge in how to properly maintain a lot of their home’s appliances and systems.
New-Home Sales Jump 19% Annually : The median sales price for a new home was $346,400 in January, but builders are trying to control higher construction costs.
Buyers Snatch Up New Listings as Quickly as They’re Available : Home sales could easily be 20% higher with more inventory, says NAR’s chief economist. Read more from NAR’s latest housing report.
Biden Extends Lifeline for Struggling Homeowners : New June 30 deadline for COVID-19-related forbearance requests and foreclosure delays covers 70% of home loans.
The Top 10 States for LEED Green Building : “Looking ahead, people want to trust that the spaces they occupy are good for them and their communities,” says the CEO of the U.S. Green Building Council.
Why Buyers of New Homes May Be Able to Stretch Their Budgets : Purchasers may be able to spend 36% more on mortgage payments by choosing a newer single-family home over one built before 1960 due to lower operating and maintenance costs, a study says.
Spring Buyers Must Be Ready to Act Quickly : Prepare your home shoppers for another competitive season of home buying as inventories will likely remain at record lows, while home prices rise rapidly.