Oct. New Homes Sales Up 0.4% as Prices Climb
While new-home sales increased, the amount of that increase was less than economists predicted. Year-to-year, new-home sales were down 23%.
Higher Home Values Mean Higher Property Taxes
Homebuyers who think property taxes will match the amount the seller had paid often find they’re wrong – and rising home values may might make them very wrong.
New Single-Family Homes Get Bigger Again
After years of expansion, the average size of a new home started to come down – but a desire for more space in 3Q 2021 pushed new-home sizes 6.2% higher.
Heard About the Dog Selling a Mansion? It’s Fake
The widely reported news: A German Shepard sold a Miami mansion once owned by Madonna. It’s not true, and that story has been reappearing for 20 years.
Single-Family Rental Demand ‘Through the Roof’
The listing shortage forced some families to rent, but many recent sellers are opting to pocket profits and wait a year or so for a calmer real estate market.
The Pain of Panes: New Windows in Short Supply
Two-thirds of builders cited a glass shortage for windows, shower doors, etc. The supply problem? A lot of it is manufactured in China, Mexico and India.