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WHAT’s the State of
U.S. Real Estate?
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10 US Cities Where a $65K Household Income Buys a Home
According to the most recent Census Bureau data, the median household income in America is around $71,000, and Zillow says the average house costs $346,270. But what if a family earns less and wants to spend less in today’s pricey housing market According to a new GOBankingRates survey of more than 1,000 people, many plan to do exactly that. Read More: 5 Vintage Toys in Your House That Could Be Worth A Fortune Try This: Become a Real Estate Investor for Just $1K Using This Bezos-Backed Startup Roughly 4 in 10 respondents expect to spend less than $300,000 on their…
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10 Cities Where Homebuyers Can Find the Best Deals This Summer
Annual home list prices have dropped for the first time in years, according to a new Realtor.com report. And while the dips in price have been relatively small, drops have been more dramatic in some places than others. The Realtor.com report found that the biggest drops are occurring in areas where home prices soared amid the pandemic, such as the West and the South. Check Out: 10 Places To Live Abroad So Cheap You Could Quit Your JobSee: 3 Things You Must Do When Your Savings Reach $50,000 To identify the places with the best deals this summer, Realtor.com looked…
Home Renovations
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5 Home Renovations That Will Help — or Hurt — When Selling, According to Zillow
With all of the home renovations shows on TV, you may be eager to tackle a project of your own. But before you go knocking down any walls, you will want to make sure that you’ll get a return on your investment (ROI) when you go to sell your home. See: 5 Expensive Renovations Homeowners Always RegretFind Out: 3 Things You Must Do When Your Savings Reach $50,000 Zillow’s home trend expert Amanda Pendleton explained, “If you’re renovating your home to make it better for your family, go for it. If you’re renovating your home with only resale in mind,…
Buying and Selling
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Mortgage Rates and the Housing Market: What To Expect During Summer 2023
Eight times a year, the Federal Reserve holds a press conference to release a summary of economic projections and a statement regarding any changes to interest rates. High inflation over the past two years has resulted in the FOMC, or Federal Open Market Committee, raising rates consistently. Despite the efforts of the FOMC, inflation remains well above the 2% target rate. Find Out: Why Home Prices Are Plummeting in These 6 CitiesSee: 3 Things You Must Do When Your Savings Reach $50,000 On June 14, 2023, the Federal Reserve issued the most recent FOMC statement. At the press conference, Federal…
Real Estate Expectations
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The Future of Homebuying
The real estate market is a deep reflection of who we are fundamentally: what we value, what brings us comfort, how we work and how we want to spend our time not working. The places we live become part of our identities. Underpinning it all are the inescapable realities, for better or worse, of what we can afford. Meanwhile, our individual choices and preferences are often driven by broad collective shifts, from socio-economic to geopolitical and environmental forces. Find Out: 15 Cities Where Houses Are the Best Bargains Right NowSee: 3 Things You Must Do When Your Savings Reach $50,000…
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US Typical Home Value
See what the typical home value is in your state.
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Don’t Buy a House on This Day of the Week
Is there a worst day of the week to buy a house? GOBankingRates asked the experts.
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