Category: Real Estate News

Introduction Prospective buyers continue to face challenges in the home market due to rising costs and high rates. Although owning a home is still fundamental to the American Dream, more people and families are finding it difficult to achieve. Bryan Kuderna, author of “What Should I Do with My Money?” and personal financial expert, provided…

It can be difficult and perplexing to borrow a mortgage to finance your house purchase, particularly if you’re a first-time buyer. Fortunately, having the proper experts on your side may simplify the mortgage application process, freeing you up to concentrate on selecting a house you’ll love for many years to come.The typical mortgage timeframe is…

Introduction The S&P CoreLogic Case-Shiller U.S. National Home Price Index shows that home prices rose to an all-time high even as mortgage interest rates increased. Prices nationwide were 5.4% higher than they were in June 2023 on a three-month running average that ended in June, according to data released Tuesday. Although this was an index…

When it comes to smart home technology, luxury homeowners who want the greatest results prioritize design, ease of use, and efficiency. Expertise and preparation are beneficial. Although they don’t want to be aware of it, luxury property purchasers demand the ease and security of a properly built smart home system. There is nothing more frustrating…

If you ask many homeowners about their property taxes, they’ll probably say they pay too much. Property taxes are real estate taxes imposed by local governments and paid by homeowners. They are classified as ad valorem, which means they are assessed based on the value of your property. Property taxes increase as property values rise…

Introduction Cities, counties, and school districts levy property taxes on properties within their jurisdictions, which are then used to fund services. These levies are combined to compute a region’s property taxes and the total tax rate, known as a mill rate. This rate is multiplied by a property’s assessed value, resulting in higher payments for…

Introduction According to Bank of America economists, the housing market is unlikely to recover for several years, and affordability will only improve if a recession occurs. In a mainly bearish perspective on the industry, the bank sees several factors working against both a significant increase in sales and a price drop that might entice younger…

Introduction The typical newly built house on the market now is smaller than those for sale a decade ago. Whether this is a positive or bad omen depends on your priorities for your future home. According to Census Bureau data, a single-family home under construction in the first quarter of 2024 had a median floor…

Property taxes are levied on personal property owned by individuals or legal entities such as businesses. Property taxes are typically the greatest source of revenue for state and local governments. Each governmental unit determines its tax rate. Property taxes fund a range of important government programs and services. These funds support various programs, including local…