The number of homes for sale per US renter household remains near record lows, highlighting the supply crunch facing first-time buyers in the current housing market. Currently, there are about 30 renter households for every home available for sale, up from fewer than 10 in 2006, according to Freddie Mac’s latest market sentiment report. The … Read more
Tiny houses are the epitome of cute and affordable when it comes to a roof over your head. But they also come with a big question: Can you really fit in there and be happy? For Jacqueline Urick, who lives in a 540-square-foot home in Sturtevant, WI, with her beloved dog, Spice, the answer is … Read more
The infamous South Carolina hunting lodge once owned by Alex Murdaugh, who killed his wife and young son on the property, is undergoing a near-total gut renovation after a local dad bought it for well below asking price wanted. The 4-bedroom, 4.5-bath Moselle Estate home and its 21-acre property in Islandton sold at auction to … Read more
Imagine a row of 20 yellow-painted wooden houses—each clad in pine green shutters, gated entrances, and ornate brown corners—lining a cobblestone path toward a grand mansion built in 1765. This scene may have seemed more appropriate in colonial America, but today it remains far from the city in Washington Heights. Sylvan Terrace, long considered one … Read more
A rare Michigan home designed by Minoru Yamasaki, the visionary architect behind New York City’s original World Trade Center, has just been listed for $2.89 million. The late Yamasaki, best known for creating the original Twin Towers, which tragically fell during the 9/11 terrorist attacks, designed this gem in 1957, long before his career-defining project … Read more
Homebuyers may be relieved to hear that down payments are finally falling from historic highs. A new report from Realtor.com® shows that the average down payment of home buyers from July to September 2024 was an average of 14.5% – or $30,300. That’s a savings of $2,400 from last quarter’s all-time high of $32,700 (14.9%). … Read more
Nestled on the cliffs of La Jolla Bay, Darwin Deason’s mansion is not your typical California beach retreat. Locally called the “Sand Castle”, the estate is an architectural wonder reminiscent of Versailles, perched high above the Pacific. Now, according to agents Brett Dickinson and Ross Clark of Compass, it’s poised to break records as it … Read more
Want a home near the Hudson River with beautiful water views? Meet Hudson Piers, a major riverfront development that begins leasing this fall in Yonkers. Yes, that Yonkers — the Westchester town north of New York City borders on a reputation as a drive-thru kind of town, with a blue-collar past and not much presence. … Read more
High interest rates are one of the most significant hurdles buyers face when jumping into the housing market right now. As anyone who has bought a home in recent years knows, interest rates have more than doubled since 2020. For a 30-year fixed-rate mortgage, you’re looking at an average interest rate of somewhere between 6% … Read more
Today’s high interest rates have created a ticking time bomb for many homebuyers who took out an adjustable-rate mortgage near the start of the COVID-19 pandemic. About 330,000 homeowners who took out an ARM in 2019 have already seen their five-year fixed-rate term end, and another 100,000 will join them next year, according to ICE … Read more