Tag
Experts weigh in.
Pending home sales, a leading indicator for the existing home market, rose nearly 7.5% in September – much more than expected.
Home prices are up more than 4% year over year, but the rate of increase is slowing as inventory grows and buyers hope for better deals.
But the cost of fixing up can be high.
“It would be definitely a bucket list of mine to get to visit all of them in my lifetime,” said Annilee Waterman, a residential designer in Dallas.
They are an affordable housing option in a country where so few affordable housing options exist.
Builders are shying away from multifamily homes because of supply and cost issues. But single-family homes are cheaper and faster to build.
A slowing market and changing regulations following the NAR settlement are driving many agents out of the industry.
New tools also help home shoppers evaluate insurance costs.
In a competitive housing market, buyers are forgoing their right to an inspection, or the right to walk away from a property if it’s not in good condition.