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So far Tribune News Service has created 9 blog entries.

Americans can barely afford homes — and that’s a problem for Biden

Mark Niquette | Bloomberg News (TNS)Record-low U.S. housing affordability is squeezing homebuyers and renters while threatening to spill into presidential politics. Milwaukee, the largest city in key swing state Wisconsin, saw affordability deteriorate in its rental market more than almost any U.S. metro area in the year ended July, according to a measure by the

By |2023-09-19T09:51:19-07:00September 18th, 2023|Industry News|

What income do I need to afford a $700,000 house?

By Ruben Caginalp, Bankrate.comDoes your dream home have a $700,000 price tag? That’s well above the National Association of Realtors’ median price for a home, which in July 2023 was $406,700. Whether you can afford such a pricey purchase will depend on a variety of factors, including your salary and the interest rate of your mortgage.

By |2023-09-09T09:52:49-07:00September 8th, 2023|Industry News|

Should you make an all-cash offer on a house?

David McMillin | (TNS) Bankrate.comWith limited inventory in the housing market, homebuyers in especially hot markets are still experiencing intense competition. To make themselves more attractive to sellers, some aren’t bothering to deal with borrowing any of the funds to make the purchase — instead, they’re making all-cash offers. Here’s everything you need to know

By |2023-08-26T09:51:45-07:00August 25th, 2023|Industry News|

Does landscaping increase home value?

Cynthia Paez Bowman | (TNS)Landscaping can have a big impact on the impression a home makes. The front lawn leading to your door is usually what a visitor notices first; the view out the back can enhance the ambiance of interior rooms. The question is, how vital is it to invest in curb appeal

By |2023-08-12T09:51:23-07:00August 11th, 2023|Industry News|

US new-home sales fall for first time since February

By Augusta Saraiva, Bloomberg NewsU.S. new-home sales declined in June for the first time in four months, suggesting high borrowing costs and prices are restraining momentum in the market. Purchases of new single-family homes fell 2.5% to an annualized 697,000 pace after a downward revision to the prior month, government data showed Wednesday. The median

By |2023-07-28T09:52:28-07:00July 27th, 2023|Industry News|

Is the housing market about to crash? Here’s what experts say

Jeff Ostrowski | (TNS) BankrateAfter a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally started slowing in late 2022. Mortgage companies engaged in mass layoffs, real estate economists lamented a “housing recession” and home prices seemed poised for a correction. But a strange

By |2023-07-04T09:50:55-07:00July 3rd, 2023|Industry News|
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