insert_link Home Improvement Home Prices may see “Big Declines” in the coming years Despite four straight months of record-breaking increases, Yahoo Finance reports that home prices could end up reversing course in the next few years, according to at least one expert. “There is a chance that we will see big declines in coming years,” Yale Professor of Economics Robert J. Shiller said on Yahoo Finance Live. “I think people are anxious about that at this point in history.” In July, housing values […] todayOctober 1, 2021
insert_link Home Improvement Starter Homes are Hard to Find these days A growing shortage of entry-level single-family homes, or “starter homes”, is posing an enormous threat to prospective first-time buyers, according to Freddie Mac. The supply of starter homes, which the mortgage giant defines as homes up to 1,400 square feet, is hovering near a 50-year low. Data from the National Association of Home Builders suggests that the construction of entry-level single-family homes has declined over the years as home sizes […] todayJuly 28, 2021
insert_link Home Improvement Hot Housing Market frees up cash for Home Improvements The Associated Press reports that the red-hot U.S. housing market is paying off for many homeowners, even those who aren’t looking to sell their home. On average, homes with a mortgage gained $26,300 in equity in the last three months of 2020 versus a year earlier, according to real estate information company CoreLogic. That average gain is the highest since 2013, the firm said. CoreLogic said homes with a mortgage […] todayMarch 29, 2021
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