Starter Homes Making Comeback In Detroit
Starter homes may be making a comeback in the US. A recent Realtor.com survey of nationwide building permits showed that new homes have shrunk in size from 2,128 square feet in 2022 to 1,965 square feet in 2024. It seems that Detroit is leading the way with new homes 1,800 to 1,850 square feet with
Mortgage Rates Move Near 6%
After trending up in recent weeks, the 30-year mortgage rate has gone down to 6.09%, while the 15-year rate fell to 5.44%. Experts think the rates will stay near 6% as the spring home-buying season begins. The post Mortgage Rates Move Near 6% appeared first on Top Ten Real Estate Deals - Condos for
US Home Sales Plummet In January
Bad weather and the ongoing issues of high interest rates and low inventory led to a decline of 8.4% in sales of US existing homes in January. Even with a decline in income needed to buy a median-priced home from $103,000 to $91,000, the January numbers were the worst in almost four years. Seasonall
Categories
Recent Posts
