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Fall House Hunt: What to expect when you buy an old house - Buying, Fall House Hunt, Home Improvement

Fall House Hunt: What to expect when you buy an old house - Buying, Fall House Hunt, Home Improvement
boston.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boston.com Daily Mail and Mail on Sunday newspapers.

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5 Tips For Buying a Home This Summer

5 Tips For Buying a Home This Summer
moneytalksnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneytalksnews.com Daily Mail and Mail on Sunday newspapers.

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Competitive home buyers waive contingencies to score homes in tight market

Buyer’s agents are reluctant to recommend that their clients waive all contingencies, but they also acknowledge that sellers may reject offers that include them. ....

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Availability is the new affordability

Availability is the new affordability
Jon Gorey
Realtors and housing experts are warning of a difficult spring for first-time home buyers. Prices already had climbed for seven straight years before skyrocketing during the pandemic. With buyer demand far outpacing the number of homes for sale, median home prices were up 12.9 percent in December compared with the year before, marking the 106th consecutive month of year-over-year price gains, according to the National Association of Realtors.
And incomes haven’t kept pace with those fast-rising home prices. Even before the pandemic, “prices were about 4.3 times higher than the median household income,” said Alex Hermann, senior research analyst at Harvard’s Joint Center for Housing Studies. That basic measure of housing affordability, already at its worst level since 2006, almost certainly rose again in 2020. “Nationally, price-to-income ratios have risen for eight straight years,” he said. ....

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Why availability is the new affordability in home buying

Why availability is the new affordability in home buying
boston.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boston.com Daily Mail and Mail on Sunday newspapers.

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