For most people, buying a home is one of the heftiest investments they make in their lives. It involves saving up for years to afford the house or/and securing funding from various financing sources. Today, this process is more challenging than ever, thanks to home prices hitting record highs. The average
If there’s one thing certain about the real estate market, it’s that it’s uncertain at its very best. History tells us that it has and will be on a constant stream of evolvement and adoption of new trends, technologies, and market dynamics. Then how can the year 2023 be any
If you’re looking to buy a house in the American market, you must have noticed the dip in the seller’s market. There are not as many houses with the sign ‘For Sale’ in the real estate market as there used to be. According to the Existing Home Sales Report from
Every year the real estate market experiences above-trend increases and below-trend falls in both prices and transactions. This last real estate “hot” period witnessed a considerable rise in real estate prices. The home prices enriched sellers and keyed up buyers into frantic bidding wars. But lately, there are signs that the
An increase in the value of a typical U.S. home exceeded the median worker income for the first time, Zillow says. Home values surged last year as low mortgage-interest rates helped stoke buyer demand. As per Wall Street Journal: "In this booming housing market, many homeowners earned more last year from home
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