Today’s uber-connected home buyer typically finds open houses digitally. What does this mean for the real estate industry?
Is that glass of 2014 vintage half empty or half full? Housing industry experts have gone on the record projecting home prices will rise by as much as six percent. Others remain wary of a likely jump in interest rates.
A new study from the Joint Center for Housing Studies of Harvard University finds that nearly 50 percent of renters are “cost-burdened,” meaning they pay more than 30 percent of their income to rent housing. This is nearly double from the less than one-quarter of renters who paid that much in 1960.
Take a look at home price national trends and hot housing markets from the month of November 2013.
Homeowners and prospective buyers bid a not so fond farewell to the nightmare that was October 2013.