Habitat for Humanity Builds Its First U.S. 3D-Printed Home
Some experts say affordable housing’s future will come from gigantic 3-D printers, and the nation’s best-known house-building charity just built its first one in Arizona.
NAR Report: More LGBTQ Buyers Purchasing Older, Smaller Homes
The annual report compares LGBTQ buyers and sellers to the overall market. It found that LGBTQ buyers buy smaller and older homes, but they plan to move out five years earlier than other buyers. As a group, they tend to identify as male more than female, and be single and unmarried.
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.”
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.
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.
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.
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.
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%.
When Will Buyers Again See Foreclosures Listed for Sale?
The question is simple – the answer not so much. CFPB (Consumer Financial Protection Bureau) wants to wait until 2022. A request for rule comments, however, received a range of suggestions. And as a practical matter, can lenders handle thousands of foreclosures all at once?
You Can’t Stop Storms but You Can Minimize Damage
After a hurricane, there’s nothing worse than homeowners’ sentences that start, “I should have …” An hour preparing now can minimize bigger troubles later.