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A $1 million starter home is now the norm in more than 200 US cities
(CNN) — The number of US cities where first-time homebuyers are faced with at least a $1 million price tag on the average entry-level home has nearly tripled in the past five years, according to new research.
New research: NJ the most unaffordable U.S. state to buy a home
Remember during and just after the pandemic, we saw our sales in the U.S. go through the roof. 2021 was a huge year for house sales in this country and since then things have started to decline in this country. But it looks like sales are coming back up again...
Mike Thomas: Buyers target specific amentities for new homes
What is an Ideal Community for Home Buyers? For many buyers, a new home might be located in a new community. The area you live in can make a big difference in your quality of life. Finding a community that fits your family’s lifestyle and needs is just as important of a factor...
Kevin Spacey's waterfront Baltimore condo sold at auction after foreclosure
BALTIMORE — (AP) — Kevin Spacey's $5.6 million waterfront condominium in Baltimore has been sold at auction amid the disgraced actor's financial struggles following a slew of sexual misconduct allegations. Last summer, a London jury acquitted Spacey on sexual assault charges stemming from allegations by four men dating...
Current Refinance Rates: July 26, 2024—Rates Increase
The rate on a 30-year fixed refinance increased today. The average rate on a 30-year fixed mortgage refinance is 7.40%, according to Curinos, while the average rate on a 15-year mortgage refinance is 6.51%. On a 20-year mortgage refinance, the average rate is 7.14%. Refinance Rates for July 26, 2024.
U.S. home prices hit a record high as sales fell. Here’s how housing experts explain the trends
U.S. median home prices hit a record high for the second month in a row as sales continued to fall, according to a report released this week, as potential buyers continue to lie in wait for lower mortgage rates. Existing home sales fell 5.4% in June and median home sales reached its highest level on […] The post U.S. home prices hit a record high as sales fell. Here’s how housing experts explain the trends appeared first on Minnesota Reformer.
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