The housing market has been gaining strength in the last few years -- particularly during the COVID-19 pandemic. Home values soared, buyer demand jumped, and mortgage rates hit historic lows. And ultimately, it’s made housing
The answer to whether closing costs are tax-deductible -- is often the most frustrating one- “It depends." Basically, you'll want to itemize if you have deductions totaling more than the standard deduction, which for 2021 is
KEY POINTS Based on calculation from Realtor.com, there were 207,000 fewer homes for sale in February than a year earlier.Core Logic states the prices in January were up almost 10% year over year. Lowest supply of home
A tax refund is one of several ways to come up with a down payment and closing costs to buy a home. Many mortgage programs have a requirement that monies used for a down payment be “sourced
Throughout 2019 and 2020, housing inventory was at record lows. Despite the pandemic and high unemployment, home sales are outpacing new listings every month. Unless there are sellers forced to come to the market in
Ask anyone that has been to an open house or a home showing in the middle of a snowstorm, and they tell you they prefer to look at homes in the spring and summer. Ask
Big picture: The housing sector is showing strength across the board resulting from a combination of low mortgage rates, rising demand, and shift in consumer preferences as a result of the pandemic. The numbers: The S&P
Purchasing a home can be an exciting and monumental moment in life yet having to pay thousands of dollars in closing costs out of pocket can take a toll. In worst cases, first time home
Highlights: Pending home sales continue to rise, despite incredibly low inventoryNAR's pending home sales index rose 5.9% in July from June.The latest Zillow data shows for-sale inventory is down 28.9% year-over-year.Almost a third of mortgages don't
Mortgage rates increased for the first time in 6 week weeks after having hit an all-time record low 2.98% in the week ending 16th July. KEY POINTS Mortgage applications to purchase a home were 2% lower last