by Editor | Feb 26, 2025 | General News
Homeowners are increasingly tapping into their home equity for renovations instead of relocating, the National Association of Home Builders said. LAS VEGAS — An aging housing stock, record levels of home equity and favorable demographics will create positive growth...
by Editor | Feb 25, 2025 | General News
Most states and metro areas saw home price growth last year. Prices increased more in areas with tighter inventory. WASHINGTON – U.S. house prices rose 4.5% between the fourth quarter of 2023 and the fourth quarter of 2024, according to the Federal Housing Finance...
by Editor | Feb 25, 2025 | General News
The typical U.S. homebuyer now puts down roughly $63,000, about $4,000 more than last year, because of a jump in home prices. SEATTLE — The typical U.S. homebuyer’s down payment was equal to 16.3% of the purchase price in December, up from 15% a year earlier,...
by Editor | Feb 25, 2025 | General News
By Matt Ott The Conference Board reported that its Consumer Confidence Index, which measures current and future economic conditions, fell this month to 98.3. WASHINGTON — U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four...
by Editor | Feb 24, 2025 | General News
By Kate Wood Mortgage rates dropped, but buyer activity stayed low last week. A Fed rate cut seems unlikely, though bond policy changes could eventually lower rates. NEW YORK – Mortgage rates moved slightly lower last week, but not enough to motivate most buyers. The...
