Tag Archives: average

Are Closing Costs Deductible?

The answer to whether closing costs are tax deductible — or mortgage interest and property taxes for that matter — is often maddeningly, “It depends.” Basically, you’ll want to itemize if you have deductions totaling more than the standard deduction, … Continue reading

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Home Appraisals Step by Step

Most people have deeply personal reasons for wanting to buy a home. Maybe it’s the bathroom that feels like a dreamy, modern spa. Or that two-tiered deck just made for parties. Your lender doesn’t care about the freestanding tub. Or … Continue reading

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Renovations That Can Hurt Home Value

Your home isn’t just a source of pride or a place where you can relax after a long day — it’s also an investment in your family’s future. And while it’s natural to want to make improvements to increase your home’s … Continue reading

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Buyer Competition Expected to Be Steep This Spring

March 6, 2020 Fewer homes were on the market in February compared to a year prior, and home prices are rising as inventory continues to tighten, according to realtor.com®’s February Housing Trends Report. That has prompted economists to predict a … Continue reading

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Existing-Home Sales Climb 3.6% in December

WASHINGTON (January 22, 2020) – Existing-home sales grew in December, bouncing back after a slight fall in November, according to the National Association of Realtors®. Although the Midwest saw sales decline, the other three major U.S. regions reported meaningful growth … Continue reading

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Priced Out Young Adults Shop for Investment Homes Far Away

September 11, 2019 Millennials who have been priced out of their local housing market are jumping online and searching for investment properties to buy elsewhere, Curbed.com reports. “We find that millennials see the investment landscape very different than their parents … Continue reading

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NAR: Home Prices Post More Gains in Second Quarter

August 7, 2019 Home prices in the second quarter continued to rise in the majority of housing markets across the country. Ninety-one percent of 178 metros tracked saw home price gains in the second quarter, according to the latest report … Continue reading

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Consumers Say Housing Is a Strong Financial Investment

May 23, 2019 Sixty-five percent of households nationwide view buying a home in their ZIP code as a good financial investment, according to the Federal Reserve Bank of New York’s 2019 Survey of Consumer Housing Expectations. Nearly 72 percent of … Continue reading

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