The housing market in 2025 might have a more favorable outlook than much of 2024 had, especially if mortgage rates and inventory levels improve. There’s still uncertainty in the air, though: Rising prices and slowing construction could cause some trouble for buyers in 2025, and the impact of the new presidential administration remains a wild card.
Read MoreStill, in the wake of the Federal Reserve’s jumbo-sized interest rate cut in September, many buyers are opting to remain on the sidelines in the hopes that further Fed cuts later this year will lead to more mortgage rate declines.
Read MoreWhen entering Connecticut’s housing market, whether you’re buying or selling, understanding real estate commissions is vital for your financial planning and negotiation strategy. In 2024, changes to how commissions are handled were rolled out across the country, aiming to increase transparency.
Read MoreHousing markets in the United States are up right now, but some experts say they’re about to lose a lot of value. This could be helpful to know if you’re planning a big move or trying to find a more affordable cost of living.
Read MoreThe sale will begin Friday at 9 a.m. with a sign up sheet available the night before. The sale will end on Friday at 3 p.m. before opening again on Saturday from 9 a.m. to 3 p.m. Only 25 people will be able to enter at one time and Redding police will be on hand to help facilitate operations, according to Boffey. Boffey added that parking is "tough" in the area and that customers must follow signs of where and where not to park.
Read MoreIt’s been a wild real estate ride over the last few years. After a red-hot market characterized by very low interest rates and frenzied bidding wars, mortgage rates increased to their highest level in more than 20 years.
Read MoreThe National Association of Realtors reached a major settlement with home sellers Friday to scrap longstanding rules governing broker commission fees, which will slash a key expense Americans face when selling their homes.
Read MoreThe policy changes could help spur price competition for agents' services and lower the cost for sellers who now typically cover the commission for the buyer's agent, as well as that of their own.
Read MoreFind out how to hang drywall before deciding how much help you need.
Whether adding a cutout between rooms, doing minor wall touch-ups, or bringing your wall’s outdated textures into this decade, you’ll need to get familiar with drywall. Drywall installation has a reputation as a labor-intensive project, and rightfully so. But if you’re an experienced, capable DIYer, you might be thinking about trying to install drywall on your own.
Read MoreThe current trends suggest that the Connecticut housing market leans towards being a Seller's Market. With a surge in home prices, high competition, and a limited inventory, sellers hold an advantageous position in negotiations.
Read MoreA housing or real estate bubble is a run-up in housing prices fueled by demand, speculation, and exuberant spending. It can lead to the point of collapse.
Read MoreThough mortgage rates are better now than they were in the fall, and experts are optimistic that rates will drop further in 2024, home affordability challenges aren’t going away anytime soon.
Read MoreUnless the Friends of Belden House can find a few million dollars in the next six months or a private developer swoops in, the circa 1760 Gothic house in Putnam County has a date with the wrecking ball.
Read MoreA very tall and very long escalator just opened in the Colorado Convention Center, stretching above its usual expo halls to a brand new floor. Officials and downtown boosters ascended the moving staircase on Thursday, to christen the building’s brand new Bluebird Ballroom. It’s surrounded by floor-to-ceiling windows, plus a long patio on one side, that offer panoramic views of the mountains.
Read MoreHigh inflation and the Federal Reserve’s action to tame it slammed the brakes on one of the hottest housing markets in history, and 2023 will go down as a year where too many buyers had too few houses to choose from.
Read MoreMuch of the housing market remains frozen in place as mortgage rates trend up and existing homeowners remain reluctant to give up their sub-4% interest rates. This means a "hot" market today is more likely one that has returned to the basic fundamentals of demand, supply and relative affordability.
Read MoreA stunning new sculpture has popped up in Colorado and it's one you'll definitely want to check out.
Read MoreHigher interest rates and for-sale prices may be a barrier, but for those ready to plunge into home ownership, the best advice is to get educated.
Read MoreBuying and selling a home in Denver is beginning to look much different in 2023 than it has over the past few years. The Mile High City was booming well before the pandemic as newcomers flocked here to be close to the mountains and enjoy the laid-back lifestyle in one of the best places to live in Colorado.
Read MoreIn the Denver metropolitan statistical area, though, even waning demand can’t alter the market much – not with the ultra-low supply the area is dealing with. In fact, despite the changes today’s higher mortgage rates have ushered in, Denver still ranks as the fourth-strongest housing market in the nation, according to the U.S. News Housing Market Index.
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