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Normally whenever house prices outpace personal income, a downward correction in home prices is forthcoming.
Mortgage rates last week dropped to the lowest level since October of last year.
Think twice before sinking a lot of money into a home renovation like granite countertops, pricey fixtures, and fancy alarm systems—on average, capital improvements add only 50% of their cost to a home's value!
The total number of multifamily permits issued nationwide fell 16% from a year earlier.
Conduct a thorough local rental demand analysis before you sign a contract to buy a rental property.
The first-time home buyer market share decreased to a historic low of 24% (down from 32% last year), while home buyer's ages hit all-time highs of 56 years overall (49 last year).
