As homebuyers continue to back out of the housing market, home sellers are providing concessions to help reduce the buyers’ total cost of purchasing the home, according to a new Redfin report, offering some house hunters a sense of financial relief in hopes to sell their homes quickly.
Read More »Examining the Impact of the ‘Lock-in Effect’
A new Fannie Mae report examines how the "lock-in effect" is affecting the housing market. Click through to read why surveyed homeowners are staying put, and how that choice is sending ripple effects throughout the market.
Read More »Residential Remodeling Activity Primed to Retreat?
According to a new analysis from the Joint Center for Housing Studies, home updates are likely to see some changes over the coming year. Click through to learn what the study is forecasting over the next four quarters.
Read More »Study Examines Why 1 in 5 Americans Regret Moving
Among homeowners who have relocated in the last three years, more than 20% regret moving, according to a new study from All Star Home, with unexpected housing costs cited as the top driver of buyer's remorse.
Read More »2023 Renovate/Repair Spending to Pull Back; Still Projected to Top $45B
The amount consumers are set to spend on home renovations or repairs is set to slide for the first time in a few years. Click through for more.
Read More »Fewer Homeowners Repairing, Maintaining Homes
A new report found that many lower-income homeowners who make repairs rely on government assistance repair programs for emergency, structural, plumbing, electrical, mechanical, and replacement needs.
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