Housing

Buying a house is more expensive than renting — a lot more expensive. On average, it costs 52% more to purchase a house than it does to rent, and demand for rental properties is continuing to soften as more supply comes online in many markets, according to the Zumper National Rent Report, which...

In the context of today’s economic challenges, such as high interest rates, supply issues and elevated home prices, the wisdom shared by Berkshire Hathaway Inc. CEO Warren Buffett at the company's 1998 annual shareholders meeting remains relevant. A question from audience member Nelson Errata...

The allure of sunshine, low taxes and low housing prices have been attracting people to Florida for decades, but high insurance premiums are beginning to reverse the trend. The U.S. Census Bureau shows that nearly 276,000 people left Florida in 2022, and it's believed that skyrocketing insurance...

With skyrocketing interest rates and high inflation rates, it's challenging for many people to afford to purchase a home, and it's particularly formidable for younger generations. Those difficulties have made what's known as house hacking a practical response to homeownership. House...

With fewer people listing their homes for sale and a surge in homebuilding activity, newly built homes are making up a growing share of houses for sale. New home sales typically make up 10% of the market, but these days, they account for nearly one-third of housing inventory nationwide, according...

The latest snapshot of the U.S. real estate landscape reveals a nuanced pattern of foreclosure filings. Real estate data firm ATTOM's October U.S. Foreclosure Market Report shows a 6% decline from September, suggesting a respite; the report also underscores a 6% increase compared to the same period...

The National Association of Realtors (NAR) recently suffered a major loss when a federal jury in Kansas City, Missouri, found it guilty of conspiring to fix prices for real estate commissions.  The plaintiffs accused NAR of using its control over multiple listing services (MLSs) to inflate...

A Denmark-based 3D printing company has pioneered Guatemala's first 3D-printed, earthquake-resistant house. The structure, which is 527 square feet, was built to withstand earthquakes up to 9.0 in magnitude. It features several unique innovations, including a palm-tree leaf roof and 9-foot ceilings...

The latest data from the Mortgage Bankers Association (MBA) revealed a significant uptick in U.S. mortgage applications, marking a 3% increase from the previous week and the sharpest weekly rise in two months. The surge came during a decrease in the average contract interest rate for 30-year fixed-...

With more millennials and Gen Zers continuing to live with their parents, the long-awaited empty nest is not the right of passage for baby boomers that it once was. A RentCafe analysis of IPUMS data found that 20% of millennials and 68% of Gen Zers still live with family members and do not...

Skyrocketing housing prices and high interest rates are reasons many people are shying away from homeownership. But maintenance, property taxes and homeowners insurance also add up, and many people are turning to single-family build-to-rent (BTR) homes to avoid them. The National Association of...

Over the past decade, the eclectic beats of Austin's music scene melded with the steady pulse of a booming tech industry — a combination that's seen the city emerge into a top-tier market. The Lone Star State's capital city is home to the University of Texas, Dell Technologies founder Michael Dell...

Skyrocketing home prices, the endless quest for a parking spot and the rising cost of avocado toast have many urbanites bidding farewell to their fair cities in favor of locales that have houses they can afford. Although it may not have the glitz and glamor of coastal cities like New York or Los...

Housing in opportunity zones continues to keep up with price gains in broader markets. Median single-family home and condo prices rose from the second quarter to the third quarter in 54% of the opportunity zones around the country and increased at least 5% in nearly half of them, according to a...

San Francisco voters approved a law that would tax property owners who have units that are vacant for more than 182 days per year.  Proposition M was approved by 54% of San Francisco voters and applies to any property with three or more units inside city limits. It will take effect in 2024 —...