Real house prices decreased 3.4% on a month-over-month basis between July and August 2024. National affordability improved in August on an annual basis, marking the first positive year-over-year change since 2021. That’s according to First American’s latest Real House Price Index (RHPI) data for August, released today. Two factors drove the 4.4% annual increase in affordability — a…

Understanding Construction Perm Loans: A Comprehensive Guide Embarking on a construction project can be both exciting and daunting. One of the most critical aspects to consider is financing your construction. Among the various financing options available, a construction perm loan might be the most suitable for many. This post will explore what a construction perm…

The first week of October 2024 offers homebuyers potential savings of over $14K on median-priced homes. This week may see up to 37% more for-sale inventory compared to the start of 2024.

Election uncertainty causes financial anxiety, influencing 60% of homebuyers’ decisions to wait or buy now.Housing markets typically slow down during election years as buyers and sellers hesitate, awaiting results.

Florida homes are increasingly targeted by criminals who fraudulently alter property titles. Criminals often commit title fraud without homeowners’ knowledge, stealing millions from victims.

Homeowners insurance is crucial for protecting your largest asset and covering liabilities. To find the best policy, compare quotes from multiple insurers, focusing on coverage limits, deductibles, and premiums. Gather necessary information about your home and personal details to expedite the quoting process. Look for discounts and consider the insurer’s financial strength and customer satisfaction…

First-time buyers face challenges, including navigating documents and understanding condominium or strata living complexities.Condominiums offer affordability, amenities, and convenience, but rules, expenses, and disputes can complicate ownership.

Homeowners rush as 30-year fixed mortgage rate drops Mortgage rates trended down this week, with the 30-year fixed-rate mortgage (FRM) dipping to its lowest level in two years, according to Freddie Mac’s latest Primary Mortgage Market Survey (PMMS). The 30-year FRM averaged 6.08% as of September 26, 2024, down just a fraction from last week’s 6.09%.…

The U.S. Department of Housing & Urban Development (HUD) has announced its most extensive update to the Manufactured Home Construction and Safety Standards in more than three decades, including 90 new or updated standards to increase innovation and production of homes with features that are sought-after by consumers, such as open floor plans and accessibility enhancements, open…