Homeowner spending on renovations and repairs will fall to $449 billion this year – a roughly 7% drop from 2023. Remodeling spending is tied to home sales.
The Drive With NAR podcast series now includes episodes that cover the proposed settlement agreement. NAR is also offering its ABR designation course for free.
Based on data from ATTOM's newly released first-quarter 2024 U.S. Home Equity & Underwater Report, 45.8 percent of mortgaged residential properties in the United States were considered equity-rich in the first quarter.
Based on fresh data from CBRE, Japan's investment volume in commercial real estate for the first quarter of 2024 surged by 7% year-over-year, totaling JPY 1.439 trillion.
Based on new predictions made at the Residential Economic Issues & Trends Forum by the National Association of Realtors Chief Economist Lawrence Yun, U.S. interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million.
According to Redfin, approximately one out of every five (20.6%) new mortgages issued last year were acquired by low-income Americans, bringing their share of the homebuying market back to 2018 levels.
Las Vegas Realtors released a new report this week indicating a significant uptick in housing prices during April 2024, particularly for condos and townhomes, which reached an all-time high.
We want to help
Interested in selling your home, buying a second or simply have a question, we want to help.