Rising Prices Change Answer to “Should I Buy or Rent?”
Renters are traditionally told that it makes sense to buy if they’ll live in a home at least three years. But people who bought in 2017 are now sitting on a nest egg.
2 of 3 City-to-Town Movers Got a Bigger House and Lower Costs
Study: Home prices are rising rapidly, but two-thirds of city sellers who moved to a smaller metro traded up without spending more money.
Study: Emotional Support Animals Help Those Who Need Them
While renters may falsely claim a pet is an emotional support animal, evidence has emerged showing a big benefit for people actually struggling with chronic mental illness.
Don’t Overestimate Buyers’ Real Estate Knowledge
A survey of young adults found misconceptions: 2 out of 3, for example, are waiting for interest rates to go down – and 90% aren’t sure what a fixed-rate mortgage is.
DeSantis Says He’ll Sign Bill Changing Property Insurance
A bill that may increase rates for some owners with state-owned Citizens Property Ins. will likely be signed into law. DeSantis says it will “stem some of the problems.”
Study: High Flood-Risk Homes Sell for $50K More than Low-Risk Ones
Buyers care about a home’s flood risk more than they once did, but it doesn’t override the appeal of a beachfront or lakefront view. According to a study, high flood-risk homes sold for a record 13.6% premium in 2021’s first quarter, up from 1Q 2020’s 10.1% and 1Q 2019’s 7.2%.