The most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) came out and it showed that less than four in 10 new and existing homes — 37.7%, to be exact — that were sold in the…
Demand for new mortgages has begun to dip slightly as interest rates once again rose above 7%, thanks to a better economic outlook. Refinancing on mortgages, meanwhile, ticked up somewhat, although this is due in part to how low the…
The real estate market is seeing signs of significant recovery after more than a year of issues due to high interest rates and low inventory. Demand for new housing is on the upswing, and home builders are cautiously optimistic about…
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…
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…