[ad_1] Buying a home has become increasingly out of reach for Americans, who are grappling with a double whammy of high interest rates and surging home values. In his State of the Union address on Thursday, President Joe Biden proposed a new tax credit that would provide $10,000 to first-time home buyers. Biden is also … Read more
[ad_1] Real estate agents’ fees — a pesky part of the home buying and selling process — aren’t necessarily set in stone. Rather they are often negotiable, a fact that could help parties on both sides of a transaction save money. And it can be as easy as politely asking for a lower fee: Nearly … Read more
[ad_1] High rents leave many financially stretched – CBS News Watch CBS News While rents have been easing for the past few months nationwide, prices are still up significantly compared to before the pandemic, largely due to inflation. Providence, Rhode Island, saw one of the highest rent increases in the U.S. last year, and according … Read more
[ad_1] Converting office buildings into residences Office buildings in New York City set to become residential spaces 04:37 House hunters frequently consider price per square foot when they’re shopping for real estate because the figure can provide value comparisons with other properties in the same area. But looking at a neighborhood’s average selling price on … Read more
[ad_1] The real estate market was brutal for home buyers in 2023 as mortgage rates soared above 8% and home prices touched a record high in June. In 2024, buyers in some markets may again not get much of a break, according to a new forecast. While home prices are expected to appreciate by 2.5% … Read more
[ad_1] New real estate data shows sellers incurring more losses, sales down New real estate data shows sellers incurring more losses, sales down 02:14 For the millions of Americans who own their homes, their properties are typically their biggest source of wealth. The good news? Those assets have grown in value over the past year … Read more
[ad_1] New real estate data shows sellers incurring more losses, sales down New real estate data shows sellers incurring more losses, sales down 02:14 Homebuyers faced a tough real estate market this year, with home prices continuing their upward march and mortgage rates reaching their highest levels in more than 20 years. Making matters worse, … Read more
[ad_1] What $1.8 billion jury ruling could mean for real estate industry – CBS News Watch CBS News Earlier this week, a federal jury awarded $1.8 billion in damages against the National Association of Realtors and several real estate companies for finding that they artificially inflated brokerage commissions. Carter Evans takes a look at what … Read more
[ad_1] Real estate law covers supernatural happenings at Massachusetts homes Real estate law covers supernatural happenings at Massachusetts homes 02:36 The cost of putting a roof over your head has soared since the start of the pandemic, making it more expensive to either sign a new apartment lease or buy a home. That may prompt … Read more
[ad_1] The Trial of Alex Murdaugh The Trial of Alex Murdaugh 41:32 Moselle, the South Carolina estate that was home to the Murdaugh family prior to attorney Alex Murdaugh’s murder of his wife and son, is back on the market, with the 4-bedroom home listed for $1.95 million. The listing is a carve-out of the … Read more