Want to buy a home? It’ll cost you $1,030 a month more than renting

The premium for buying a home is now 17 percent higher than it was a year ago thanks to high interest rates and stubborn home prices, according to John Burns Real Estate Consulting. It might push the rent even higher. Continue reading

Investor activity slows, still makes up 1 in 4 homes sold in US

New data from John Burns and Redfin shows that investor activity slowed toward the end of 2022 but still accounted for about a quarter of home sales. That’s up from about 11 percent in 2001. Continue reading

Home flippers search for ‘creative deals’ as high rates cool the market

The fix-and-flip housing market continues to shrink as real estate investors struggle to find deals. High interest rates are to blame, according to a new John Burns Real Estate Consulting survey. Continue reading

Lumber prices reach lowest 2022 level. But DIY projects already DOA

The price of lumber dropped to $829 per thousand board feet on Tuesday, a 39 percent drop from just a month earlier. It’s still nearly double the pre-COVID rate. Continue reading

Home sale-leasebacks are surging, but are they good for homeowners?

Sale-leasebacks can feel like a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors are offering. Continue reading

From the Great Recession to 9/11: What to do when external factors get in the way of a real estate deal

Economic changes, tariffs and international conflicts can put buyers on edge — here’s how you can help them make the right decision. Continue reading