Covid home construction costs: Australia builder Stroud adds $ 70,000 to clients’ bills

How one supermarket chain’s helping keep the cost of food down, Nadia Lim comments come back to bite and EVs, are they getting cheaper as demand rises in the latest New Zealand Herald headlines. Video / NZ Herald An Australian building company has demanded up to A $ 70,000 ($ 77,000) extra to complete customers’ … Read more

Homebuilder deals on the horizon to sustain sales activity

Real estate experts predict homebuilders will soon have to offer deals to buyers since the market is anticipated to slow. Above: Realtor and single-family home developer Jeff Rose, who lives in Surfside with his family, built and sold numerous homes in the neighborhood in 2021. Emily MIchot [email protected] Short-term interest rate buy-downs and free or … Read more

Foreclosure filings are up 132% from a year prior. Here’s what that means

What does the recent uptick in foreclosures mean for the housing market now? Getty Images When we were reading through real estate data this month, three stats caught our eye. The first: That number of active foreclosures (this is when the foreclosure process has begun on a seriously delinquent loan, but it has yet to … Read more

Is it time for retirees to take another look at reverse mortgages?

US home prices have surged during the pandemic with median existing home prices hitting $ 375,300 in March, a record with data back to 1999, according to the National Association of Realtors. Although mortgage rates have jumped sharply and sales weakened recently, odds are the market remains resilient with housing supply down to a 20-year … Read more

Home Point Capital Inc. (NASDAQ: HMPT) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Home Point Capital Inc. (NASDAQ: HMPT – Get Rating) have been assigned an average recommendation of “Hold” from the eleven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy … Read more

HELOC rates are falling again, now to their lowest levels since September

Getty Images HELOC interest rates fell again last week to their lowest level since September last week, with an average interest rate of 3.59% for a 10-year repayment period (unchanged from the previous week) and 5.89% for a 20-year repayment period (lower from a week ago), according to data released Monday by Bankrate, which looked … Read more

Home renovations will not be easier or cheaper this year, but that does not mean you have to wait

The pandemic caused a certain kind of disaster in the renovation of the house. The growing demand for construction projects collided with shortages of materials and manpower, creating a traffic jam to improve the house that lasted until 2022. “The pandemic has played a huge role in everything but housing,” said Abbe Will, deputy director … Read more