Advice for Home Builders Navigating a Market in Flux
Successful builders can grow during this housing recession if they plan for it by maintaining liquidity, keeping up their reputation, and actively searching for opportunities
Mortgage Rates Down for Sixth Week in a Row, but Rather Than Listing, Homeowners Are Refinancing
Mortgage rates inched closer to 6% during the week before Christmas, but instead of relocating, homeowners are refinancing
Share of All-Cash Home Purchases Reaches Highest Level Since 2014
The share of homes purchased with all cash has been rising steadily for the past year as buyers searched for ways to beat out the competition and bypass costly loans
Homeowners in These States Paid the Highest Property Taxes in 2021
The Northeast accounted for the largest share of U.S. states with the highest tax bills in 2021, while homeowners in southern states saved the most money on property taxes
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Q+A
Johnney Zhang Is Introducing Crypto to the Housing Industry
With his cryptocurrency play, United States Property Coin, Zhang aims to turn real estate into a form of long-term capital for all Americans and resolve a widening affordability crisis in the rental market and beyond
Affordability
The Typical U.S. Monthly Rent Now Equates to 63 Hours of Work for Budget-Strained Tenants
At the average wage, Americans must log 62.6 hours of work to afford the typical U.S. monthly rent, six more hours than before the pandemic
Mergers + Acquisitions
How Much Is Your Home Building Company Worth?
Factors that affect the price buyers are willing to pay for your company are both qualitative and quantitative
Affordability
Homebuyers Are Spending More of Their Incomes on Home Purchases Than They Did a Year Ago
Rising interest rates and home prices are forcing prospective buyers to dig deeper into their savings in order to afford more costly home purchases
Financials
Down Payments Are on the Rise in These 5 Costly Metros
Homebuyers are dishing out more of their savings for down payments in these popular metros, though higher upfront costs mean more money saved long-term
Financials
More Than Half of Homeowners Are Making Their Homes More Resilient Due to Climate Risks
According to Redfin, 58% of homeowners are investing to ensure their homes can withstand current and future climate threats, with one-third of homeowners spending $5,000 or more
Financials
SmartAsset: How Much Money Do You Need to Make to Pay Rent in Large American Cities?
Rising inflation and high interest rates are making housing affordability a challenge for many Americans
Housing Markets
Mortgage Rates are Expected to Drop to 5.4% in 2023. Here’s How That Could Affect Home Prices
Housing experts are watching the market and expect growth to be flat this year, as high mortgage rates and fears of a recession continue to affect home prices
Financials
What Your Business Credit Report Tells Lenders
See how a solid business credit score increases your chances of securing capital to fund the growth of your business, and what you can do to improve your score
Housing Markets
Home Prices Are Dropping, but Are Not Expected to Crash
Home prices are facing an imminent decline, likely caused by a surge in mortgage rates
