Owning a rental property can seem like a great investment and a good way to make additional income. But, if you aren’t a professional real estate investor with experience managing properties, it can be more difficult than it looks. You can also quickly find yourself…
New numbers from the National Association of Realtors show sales of previously owned homes increased in October from the month before. The nearly 2 percent improvement pushed sales 4.6 percent higher than they were last year at the same time. Lawrence Yun, NAR’s chief economist,…
The most recent numbers from the U.S. Census Bureau and the Department of Housing and Urban Development show permits for future home construction were at a 12-year high in October. Building permits are now 14.1 percent higher than they were last year at the same…
Over the years, owning a home has been considered a pretty safe investment. In fact, homeownership has generally been considered a good way to build wealth and boost your bottom line. That’s rarely been more true than it is today. That’s because, home prices have…
No one buys a house without first asking themselves some questions. The most important of those questions is usually whether or not they can afford it. After all, none of the other factors that play a part in a decision to buy matter a whole…
Next year should be a good one for the housing market, according to new remarks from Lawrence Yun, the National Association of Realtors’ chief economist. Yun, speaking at the NAR’s convention in San Francisco, said he expects both existing-and-new home sales to increase next year.…
First-time home buyers typically account for a large share of the houses sold each year. In fact, historically, they’ve represented around 40 percent of all home sales. However, over the past decade – due, in part, to factors such as student loan debt, the housing…
Each month, Fannie Mae surveys Americans to gauge their interest in buying a home. Their Home Purchase Sentiment Index asks respondents for their feelings about the housing market, mortgage rates, home prices, their personal financial situation, employment, and whether or not it’s a good time…