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Thanks to a nationwide housing shortage, the prices of homes in the U.S. just keep going up. The median sales price of new houses sold in November 2024 was $402,600, and the average sales price was...
If you've been waiting for interest rates to drop before buying a new home, you may be in luck. Trends show that the national 30-year fixed mortgage interest rate has decreased by nearly one ...
The median sale price per square foot for new single-family homes across the U.S. was $192 in 2022, and it's now up to $214 so far this year, according to a new report from Home Bay. In some major ...
Cities like Knoxville and Savannah, which once proved to be affordable options for people earning less than six figures, are now pricing out middle-income buyers. Record-low mortgage rates of 2.96 ...
The San Diego Housing Commission currently owns 2,221 affordable housing units and plans to expand that number in the future to meet the growing demand. [60] In 2009, the San Diego Housing Commission implemented a finance plan that created 810 more units of affordable rental housing through leveraging the equity of its owned properties.
The lack of affordable housing is a widespread problem. Read Next: 6 Best Cities To Buy Property in the Next 5 Years, According to Real Estate Agents Learn More: How To Get Rich in Real Estate...
Mortgage rates have eased slightly in recent weeks after spending much of 2024 trending higher. The average rate for a 30-year fixed-rate mortgage was 6.95% as of July 3, according to Freddie Mac....
Lofty mortgage rates and home prices make affording a home unfeasible for many buyers, but some states remain affordable. ... 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help.