For the third consecutive week, the 30-year fixed-rate mortgage held steady, with borrowing costs for home buyers and refinancers remaining near its lows for the year.
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In some markets, home owners may need to use only about 3 percent of their income to afford the mortgage payments on a median-priced home.
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Builders are reaching for the skies with recent condo projects, some soaring to the highest heights ever. Some of the buildings are the thinnest they’ve ever been, too.
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Americans 55 years old and older are increasingly expected to begin trading residences as they near retirement, and that has many predicting a surge in active-adult homes and communities that appeal to seniors.
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Land prices rose a median of 4 percent across the country for the 12 months ending in June, according to the 2014 Land Markets Survey.
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Now that ListHub’s acquisition of Point2 has expanded its database to 85 percent of residential listings in the U.S., questions have been raised about whether it will shut out realtor.com®’s biggest competitors from syndication of its listings.
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