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Thinking about buying a home, but not sure how to afford it? Welcome to the Down Payment Diaries, where real people spill about how they saved and splurged on their path to homeownership. If you’d like to submit your own Down Payment Diary, please fill out the form here. Today, a retired couple shares howRead …
I Bought a $1.4M New Build in the ‘Best Place to Retire in 2025’ Read More »
The concept of a “man cave” has long been associated with dim, dark spaces; ultramasculine decor; huge TV screens; and perhaps a few empty beer cans. But now, a much more sophisticated decor trend is taking over the oft-maligned “bachelor pads” and “man caves” of old, replacing them with chic and elegant spaces that haveRead …
A Tennessee barndominium that boasts four horse stalls in its hallway has struck quite the chord with homebuyers thanks to its unique blend of amenities—which have helped it to race its way to the No. 1 spot on the week’s most popular homes list. Located in Leoma, TN, the unusual 1,728-square-foot dwelling boasts the opportunityRead …
Although we’re three weeks into the new year, economic indicators coming out are still putting the final brushstrokes, or pixels, if you will, on our picture of 2024. The December jobs report showed robust growth in employment and a dip in unemployment. Put simply, the labor market had a better-than-expected finish in 2024. Meanwhile, inflationRead …
Weekly Housing Market Update: Home Sales Improve as Mortgage Rates Hover Below 7% Read More »
The housing crisis in the U.S. shows no sign of easing as affordability hits even the middle class—across all U.S. states—and builders “focus on luxury instead of starter homes.” “Today, one of the biggest deficits that we have is the creation of new starter homes,” former Housing and Urban Development Secretary Adrianne Todman candidly toldRead …
January 24, 2025 – The Realtor.com® economics teamvideoupdategives you the relevant economic and real estate information you need to know each week every Friday to navigate the housing market as a homebuyer, home seller, or industry professional. – For the week ending January 24, Realtor.com®Chief Economist Danielle Halerecaps what theDecember jobs reportandmixed inflation readingsmean forRead …
January 24, 2025 Economic and Housing Market Update Read More »
If you and your family are in the market for a larger home but have a limited budget, have no fear—because there is a wealth of sizable yet affordable properties available to suit your big brood, if you know where to look. Buying a house for a large or growing family isn’t always easy, particularlyRead …
The recent wildfires in Los Angeles County put more than $40 billion of real estate value at risk, according to a new report from the Realtor.com® economic research team. Since the Eaton and Palisades wildfires started on Jan. 7, their boundaries have expanded to encompass more than 15,800 residential properties, with a total value ofRead …
Los Angeles Fires Put Up to $40 Billion of Residential Real Estate at Risk Read More »
A historic midcentury modern abode in Pasadena that was designed—and then renovated—by renowned architect John Galbraith has found a buyer, just days after the tony community in which it is located was ravaged by the California wildfires. Described in its listing as an “architectural masterpiece,” the home was originally designed and built by Galbraith inRead …
Freddie Mac Mortgage Rates—Jan. 23, 2025 What happened to mortgage rates this week The Freddie Mac rate for a 30-year mortgage fell by 8 basis points this week, to 6.96%, dipping back below 7% after coming in at 7.04% last week. The rate, which finally dropped after five straight weeks of increases, still exceeds oneRead …
