Mortgage Rates Unchanged This Week, Hold at 2.73%
Rates for 30-year, fixed-rate mortgages hovered near record lows again this week. Freddie Mac’s chief economist encouraged lower-income homeowners to refinance.
Real Estate Trends: Housing Supply, Affordability Key in 2021
At Wed.’s 2021 Florida Real Estate Trends, NAHB Economist Dr. Robert Dietz called 2020 “a surprise year for growth,” and he along with other presenters generally agreed that the strong market will continue into spring, held back only by the need for more newly built homes.
The ‘Cloffice’: Is It a Closet? Or Is It an Office?
In a search for home office space, some people have opened doors, pushing clothes and boxes aside to turn one of their closets into a small office.
How Do We Sort a Sale of Our Deceased Mother’s Home?
RE Q&A: Two out of six children want to buy the property, and one sibling has since died. Who gets money? Does a share go into the deceased brother’s estate?
4Q 2020 White Homeownership Rate Hits Nine-Year High
However, the ownership rate for Blacks fell. The overall rate rose to 65.8% in the fourth quarter, but it’s 74.5% for white Americans and 44.1% for Black Americans.
Does Airbnb Impact Local Housing Prices and Rents?
A study comparing listings to Airbnb properties found short-term rentals can boost property values in high-rent areas – slightly less if there’s high owner-occupancy.