Thursday, 26 December 2024

D. Ong

4 Ways To Find Private Landlords That Accept Section 8 Housing Vouchers

Finding landlords who accept Section 8 vouchers can be challenging. Here's a quick guide to help you get started.
Investors Bought One in Six Homes in the US in Q2 2024, Marking Largest Increase in Two Years: Report

Investor purchases totaled $43 billion in the second quarter of 2024, also marking the largest gain recorded since 2022.
A Record 60,000 Buyers Backed Out of Home Deals in July Amid Election Fears, Soaring Prices

The canceled home-purchase agreements in July accounted for 15.8% of all homes that went under contract in the same period.
Should You Wait for Mortgage Rates To Fall Before Buying a Home? Here’s What Experts Say

Mortgage rates have fallen to 6.49%, the lowest recorded in over a year. The housing market has been tough for hopeful buyers over the last few years, but with mortgage rates now declining, the market could potentially see a rise in demand.
One in 10 Homes in NYC Are Now Being Sold To Out-Of-State Buyers: Report

New Jersey buyers made the largest share of out-of-state purchases in New York City in the first six months of 2024.
Renting Is Now $1,000 Cheaper Than Buying a Starter Home in the US: Report

In some metro areas, buying a home costs $1,944 more than renting. Renters in the United States could now save an extra $1,000 a month compared to those looking to buy their first starter home.
5 Outdoor Spots That Homeowners Often Miss When Cleaning

Maintaining a clean outdoor area will help improve your home's curb appeal and value. Here are some areas many homeowners often overlook when cleaning.
Housing Market Forecasts 2025: Will Homes Become More Affordable?

The median sale price of a home in the US was $442,451 as of June, a 4% increase from the same month in 2023.
Harris Proposes Four-Year Plan To Lower US Housing Costs, Improve Housing Affordability and Homeownership

Kamala Harris' economic plan will build on proposals announced under the Biden administration. Vice President and leading Democratic presidential candidate, Kamala Harris, has recently unveiled her four-year plan to lower housing costs and boost homeownership for American households.
5 Home Design Trends You Should Ditch Before Listing in 2024

Are you thinking of putting your home for sale this year? Here are some features you should consider updating before you list.
US Homes Now Worth $1 With 8.5% Surge, Doubling Pre-Pandemic Levels

The median price of luxury homes also rose 9% year-over-year in the second quarter of 2024. A record 8. 5% of all homes in the United States are now worth at least $1 million, according to a new report on home prices.
The Biden Administration Is Investing $100 Million on Affordable Housing Construction Amid Affordability Crisis

The program is part of the Housing Supply Action Plan, a larger effort designed to increase housing supply and lower housing costs for families.
Median US Housing Payments Dropped by $250, Lowest Level Since February: Report

The median housing payment has declined to $2,588 as of Aug. 11. The median housing payment in the United States has dropped by nearly $250 as mortgage rates declined.
19% of US Home Listings Saw Price Cuts: Here’s Where Sellers Are Lowering Their Prices the Most

Home prices also softened nationally, with the median listing price falling to $439,950. Nearly 19% of available home listings in the United States saw price cuts in July, offering some American buyers relief amid the country's housing affordability crisis.
What Credit Score Do You Need to Rent a Home in the US?

Are you planning on renting soon? Here's a guide on credit scores and how it can impact your ability to rent a home.
Median Home Price Soars Past $2 Million in Bay Area, the First Time Since 1979

The median sales price of single-family existing homes also rose by 89% nationwide in the second quarter of 2024.
US Renters Could See Relief As Median Asking Rent Falls To $1,500 Following Construction Boom

Builders completed over 60,000 multifamily units nationwide in June, bringing more supply to the market.
This $300 Million Megamansion Could Be the Most Expensive Home in the US

If sold for the asking price, it will be the most expensive home sold in the country, breaking a previous record set by Citadel founder Ken Griffin.
Inside World’s Most Expensive Custom-Built RV Worth A Staggering $2.5 Million

The motorhome features $20,000 white leather seats, Garmin touchscreen pads, and a 65-inch dropdown TV.
Ellen DeGeneres Sold Flipped Blufftop California Megamansion for $96 Million

Ellen DeGeneres and wife, Portia de Rossi, bought the estate in two transactions for nearly $70 million in 2022.
The Ultimate Final Walk-Through Checklist You Need Before Closing a Home in 2024

If you're a first-time homebuyer or a seasoned property investor, here is a quick guide that will walk you through everything you need to know to prepare for a final walk-through.
Here’s Where $1,500 Can Get You the Most and Least Apartment Space in the US: Analysis

The study focused on multifamily properties of 50 or more units in cities with a population of more than 225,000.
US Mortgage Rates See Sharp Decline, Lowest Level Recorded in Over a Year

Mortgage rates on a 30-year loan dropped to 6.47% this week, falling from a peak of 7.22% in May this year.
A Starter Home in the US Now Costs $1 Million in Over 200 Cities: Report

Starter homes are defined as properties in the lowest third of home values in a given region or area.
Tech Billionaire Scott McNealy Sells His Luxury Bay Area Mansion at Nearly $62M Loss

The mansion sold for only $35 million, nearly 65% below its original asking price of $100 million. Tech billionaire Scott McNealy, co-founder of Sun Microsystems, has sold his luxury Bay Area mansion for nearly $62 million below its original asking price.
Magician David Copperfield Sued for Trashing Manhattan Penthouse, Compromising Building’s Structural Integrity

Photos of Copperfield's unit showed peeling paint, crumbling ceilings, and a rusty bathtub. A New York City condominium board has filed a lawsuit against famous magician David Copperfield after he left his $7 million Manhattan penthouse in shambles, threatening the building's structural integrity.
7 Things You Should Never Keep at Home To Avoid Clutter

Are you looking for ways to keep your home tidy? Here are some things you should consider removing to achieve a clutter-free home.
Younger Buyers Are Sacrificing Safety, Access to Healthcare To Afford a Home: Survey

Gen Zers are most likely to trade safety in order to afford a home, the survey found. Nearly one in five younger house hunters said they are willing to put their safety at risk to afford a home, in addition to other sacrifices such as access to healthcare services.
Airbnb To Expand Beyond Short-Term Rentals, Will Soon Offer ‘Experiences’ and Co-Hosting Services

Airbnb's new plans are part of an effort to sway more travelers from choosing to stay in hotels.
More Than Half of Americans Believe Homeownership Will Remain Unattainable Despite Fed Rate Cuts: Report

A recent analysis also found that a September rate cut from the Federal Reserve would unlikely relieve the US housing affordability crisis.

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