Housing Insights Central
Delve into articles on market trends, home improvement, and legal tips that guide you to smarter housing decisions.
How Much Should You Spend on Rent?
Deciding how much to spend on rent starts with understanding what you can comfortably afford. Here are some general rules to guide you: The 30% Rule A common recommendation is to spend about 30% of your gross monthly income...
These States Will Cover Your First Home's Down Payment in 2020
With home prices continuing to go up in the United States, many people have given up on the prospect of owning a house. However, the tax deductions associated with mortgage interest combined with these great state...
New York Renters Strike in Potential Nationwide Rent Strike
At the beginning of April, New York Representative Alexandria Ocasio-Cortez called on all New Yorkers to strike against paying their rent. Whether they had money and could afford rent, whether they were working a...
The Housing Market Is on a Wild & Curvy Upswing for the Remainder of 2020
Welcome to the new reality for the housing market. Who could have expected so many changes during the 2020 housing season? Economists had predicted that the 2020 housing market would be stable. There ...
Pandemic Rebound Creates Bidding Wars in Housing
According to housing data in the US from the first weeks of May, 2020, over 41% of homes being sold actually faced a bidding war. These numbers were released by Redfin, and show a 9% increase from January, and a huge increa...
How to Lock in Mortgage Rates While They're at Record Lows
If you are looking to buy a property, one of the most important things you need to think about is mortgage rates. Just a one percent difference in interest saves people an average of about $60,000 over the life of th...
Will Urban Dwellers Move to the Suburbs Because of Coronavirus?
There has been talk that COVID-19 could permanently change the housing market in the U.S. The thought was that people would be moving out of cities because they are afraid of crowded conditions leading to spread...
Tips of Selling Your House for More During COVID-19
With the economy taking a gradual hit from the effects of COVID-19, the housing market has been one of the worst-affected sectors. Housing market experts have termed the current industry changes as remarkable as they have s...
Housing Market Continues to Set Records Despite Ongoing COVID-19 Pandemic
Housing experts were predicting a dire freefall in the home market when the COVID-19 pandemic hit. Fortunately, those predictions have proven to be way off as the market has shown an extraordinary amo...