Real Estate
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Real Estate | LATEST STORIES
US Rent Declines in January Year-on-Year for 18th Straight Month
The Realtor report found that it was less expensive to rent a median 0–2 bedroom unit than to buy a median home.
Housing Supply at Highest Level Since Early Pandemic: Report
A typical home sold in January sat on the market a week longer than a year ago, data show.
US Foreclosure Filings Jump 8 Percent in January: Report
Texas saw the highest number of foreclosure starts, followed by California, Florida, Illinois, and New York.
Banks Told to Ignore Outstanding Student Loans When Providing Mortgage
Banks will be told to exclude the HECS debt from serviceability checks.
Reserve Bank Must Stay Independent, Avoid Rushed Rate Cuts: Opposition
Dutton stresses the RBA needed to base its decisions on economic factors, not external pressure, ahead of the Feb. 18 meeting.
17 Percent of US Homeowner Mortgages Are at 6 Percent Interest or Higher: Report
Many Americans are ‘growing accustomed to the idea’ of rates never going back down to pandemic lows, the Redfin report states.
Home Prices Climb in 4th Quarter Across Nearly 90 Percent of US Metro Areas
Fourteen percent of all metro areas saw double-digit price increases.
Escalating Home Prices Fuel 2025 Build-to-Rent Market, 110,000 Homes Expected
Texas is leading the nation with nearly 22,000 new housing units under construction.
New Data Show Drop in Real Estate Agent Commissions Since Legal Settlement
Experts say the commission rule changes have made real estate fees more negotiable, increasing pressure on agents.
US Commercial Real Estate Foreclosures Increase in December
The sector has been flagged by a government council as a key financial risk facing the nation.
As Rent Declines Nationally, Some Declare 2025 a ‘Renter’s Market’
Others say that 2025 won’t favor renters, as growing demand for housing is driving up rental costs in cities such as San Francisco, Seattle, and Portland.
Entire Town Up for Sale in New Zealand
The complex includes eight three-bedroom houses and comes with its own café and bar, and can be yours for less than the price of two average houses in Sydney.
New Single-Family Home Sales Jump 3.6 Percent
Sales are expected to see a ‘slight gain’ this year amid strong macroeconomic conditions, according to a real estate expert.
December Existing-Home Sales a Promising Sign for 2025 Housing Market, Expert Says
NAR’s senior economist said December 2024 sales suggest that the most challenging period for the housing market may be over.
US Home Sales Fall to Lowest Level in Nearly 30 Years, Realtors Association Says
The median price of homes reached a record high of $407,500 in 2024.
Renters Must Earn $63,680 to Afford US Homes, Lowest in Nearly 3 Years
Potential homebuyers may opt to rent longer as cheap rents provide an affordable option compared to buying a home, a real estate expert said.
Double-Digit Hike in Homeowners Insurance Rates for 2nd Consecutive Year
Premiums in Nebraska, Iowa, Minnesota, Montana, Utah, and Washington jumped by more than 20 percent last year.
US Mortgage Interest Rates Surpass 7 Percent
Pending home sales have decreased as economic inflation rises.
New University Campus Planned for Parramatta to Host 25,000 Students
2,500 homes, 12,000 jobs, and a new university campus planned for Sydney’s growing district.
