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Think twice before sinking a lot of money into a home renovation like granite counter tops, pricey fixtures and fancy alarm systems--on average, capital improvements add only 50% of their cost to a home's value!
New US home sales fell 13.7% in May.
Get a home inspection before you buy a home. If the required renovations and repairs identified in the inspection report are beyond your capacity to deal with, move on to another home.
Fannie Mae has unveiled its latest upgrade to the 2022-2024 Equitable Housing Finance Plan, aimed at dismantling obstacles to housing and home ownership while The National Association of Home Builders has introduced a comprehensive 10-point housing plan aimed at combating shelter inflation and alleviating the housing affordability crisis by dismantling obstacles impeding the construction of buildings.
If you own rental property, encourage your tenants to buy renters insurance to protect their belongings and personal liability because a landlord's insurance policy does not cover those items.
In April, US home prices posted their 1st year-over-year price decline in 11 years.
