New Home Construction Costs – How much will you pay?

The cost to build a new house continues to rise, especially after the passing of the 2008 recession. Some of the factors that contribute to these rising costs include the cost of raw material, demand for new homes, and more. In 2018, the average cost to build a new house was $291,161. If you were […]

Is Buying a Home More Stressful Than Planning a Wedding?

Some Highlights: According to a new survey from Open Listings, 62% of Americans ages 25-54 believe that buying a home is more stressful than planning a wedding. Many young couples are saving for a wedding and a home at the same time. The average US wedding now costs 66% of a median home down payment, according to The […]

Existing Home Sales Cooling Off This Summer

Some Highlights: According to the National Association of Realtors’ latest Existing Home Sales Report, sales in June were down 2.2% from last year. Inventory of homes for sale showed a modest improvement of 0.5% over last year’s figures but still remains under the 6-month supply needed for a normal market. NAR’s Chief Economist Lawrence Yun had this to say: “There […]

This Summer’s Luxury Home Market Is Hot

The challenge of finding an affordable entry-level home in today’s housing market gets a lot of coverage. First-time buyers facing higher rent, difficulty saving for a down payment, and low inventory are an important demographic, and their habits have implications for the overall health of the market. But, at the same time as the starter-home […]

The Rising Cost Of Renting A Single-Family Home

When debating whether to rent or buy your next place, the argument in favor of renting usually includes the fact that it’ll be cheaper – especially since you don’t have to pay for closing costs or save for a down payment. However, renting a place isn’t all that cheap these days and, depending on what […]