January 29 marks the start of tax filing season. Like searching for loose change between the sofa cushions, homeowners are poring through receipts looking for applicable tax writeoffs at the maximum level. Homeowners can take the standard deduction ($13,850 for…
The real estate market has seen some positive signs thanks to a gradual decline in the interest rate, spurring an increase in both new mortgages and applications for refinancing. However, the residential real estate market is still hindered by high…
As an answer to lowering home prices and putting more houses back on the market, a group of federal lawmakers is introducing a bill that would force hedge funds to sell off their housing stock. U.S. Representative Adam Smith of…
Mortgage interest rates continued their steady climb towards eight percent, as the real estate market entered relatively rocky territory. The number of people seeking adjustable-rate mortgages (ARMs) also increased significantly, as more people sought more favorable interest rates for their…
The commercial real estate market has faced significant difficulties since the COVID-19 pandemic, with many companies seeking to divest themselves of office space they no longer use. The high number of sellers compared to the relatively low number of buyers…
The housing market, on the whole, remains constrained by the same factors that have kept it from growing for the past few months. Mortgage interest rates remain high, having stabilized at just over 7% in September, and overall housing inventory…