Apr 19, 2021 | For Buyers, Real Estate
Last month, the first publicly listed 3D-printed house went on the market. Now entire communities built with this technology are coming online. Industry leaders estimate that these extruded concrete or polymer structures can save 30% off conventional building costs...
Apr 17, 2021 | For Buyers, For Sellers, Real Estate
Prospective buyers may have to make offers that are contingent on selling their current home. That can put them at a disadvantage in a competitive bidding market. Short-term bridge loans let them waive that contingency and then pay back the loan as soon as their...
Apr 13, 2021 | For Buyers, Home Financing, Market Trends, Real Estate
Home prices have been against buyers for a while now, but soon, rates won’t be on their side either. We saw rates hit new record lows on 14 separate occasions in 2020, but the limbo game seems to be over. Buyers waiting to see if rates will dip back down in the coming...
Apr 12, 2021 | Business, For Buyers, Market Trends, Real Estate, Remodeling
Construction of new homes weakened in February as high costs for lumber and other material hindered new-home construction, according to a March 17 report. Housing starts – both single-family and multifamily building – fell 10.3% to a seasonally adjusted annual rate of...
Apr 10, 2021 | For Buyers, For Sellers, Market Trends, Real Estate
At the end of February, it was reported that home prices had been increasing at the fastest pace since 2014. In at least 18 of the 20 large cities tracked by the S&P Corelogic Case-Shiller index, home prices rose considerably with Phoenix, Seattle, and San Diego...
Apr 9, 2021 | For Buyers, For Homeowners, Home Financing, Market Trends, Real Estate
Last month, total mortgage application volume fell by 1.4%, while refinance applications plummeted by 40%. Freddie Mac reported that the benchmark for a 30-year fixed-rate mortgage had ratcheted up to 2.97% – still historically low. For context, last year at...
