Shopping around for a home loan can save buyers $80,000, study says
Soliciting home loan offers from several lenders, then picking the best one before purchasing a house, can save a buyer tens of thousands of dollars, according to a new analysis.
Housing market recovery 'has been delayed,' NAR chief economist says
Six months ago, Lawrence Yun, chief economist of the National Association of Realtors, stood at the front of a crowded ballroom in the Boston Convention Center and said he saw a light at the end of the tunnel for the floundering housing market.
Exclusive: Lakeland, Florida — once named fastest-growing US metropolitan areas— sees major price dip
Tonya Lockamy, a broker with Swan City Realty in Lakeland, Florida, said it was as if she physically experienced the drop in home sales in her hometown.
Connecticut lawmakers pass housing bill that would supersede local zoning rules
Lawmakers in Connecticut have passed a bill allowing developers to build housing in commercially zoned areas.
New York City bedroom community could lose thousands of jobs if housing shortage isn't addressed, study says
The county directly north of New York City is facing a housing shortage of 112,000 units that, if not addressed, could economically wreck the area, a local research group says.
Exclusive: Adjusted for inflation, home prices have fallen in these cities in past quarter century
When adjusting for inflation, home prices in Cleveland, Chicago, Detroit and seven other U.S. metropolitan areas have declined over the past quarter century, exceptions to the real estate adage that long-term ownership builds wealth, a new report shows.
Pending sales of existing homes tumbled in April amid market uncertainty
In another sign that this will not be a typical spring buying season, contracts to sell existing single-family homes and condos fell 6.3% in April.
Infill housing seen as essential for restoring struggling communities
In recent years, delinquent, down-on-their-luck landowners in Memphis, Tennessee, have abandoned more than 80 lots, including one across the street from where Elvis Presley went to high school.
Exclusive: Insurance costs, mandates, tariffs and more drag down Central Florida condo prices
While Central Florida is experiencing the same housing market slowdown seen in parts of the country, the region’s condo sales are sinking under the weight of mounting challenges.
Greater Boston single-family median sales price neared $1 million mark in April
With the supply of for-sale homes growing but still limited, prices in the Greater Boston housing market are reaching the stratosphere.
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