According to Realtor.com’s Chief Economist, Jonathan Smoke , buying a home now could save you more than $200,000 over the next 30 years. But buying a home costs money – the down payment, the monthly mortgage payment, the taxes, the insurance, and the maintenance. It enough to make you put…
Prices of newly built homes are on the rise again, illustrating that home builders are grappling with the same supply-and-demand problems bedeviling the existing home market. New-home prices, which appeared to lose momentum over the past year, actually have caught a second wind of late. New Commerce Department figures show…
According to remodelers polled in National Association of Home Builder’s Remodeling Market Index (RMI), the number one reason customers remodeled their homes in 2014 was a “desire for better/newer amenities.” On a scale of 1 to 5 (where 1 indicates never or almost never, and 5 is very often), the…
