Home Prices Benefit Owners, Challenge Buyers

A typical homeowner has accumulated $147,000 in housing wealth over the last five years. Prices remain on solid ground, NAR’s chief economist said.

Who’s Responsible for Landscaper Damage?

If an HOA hires a contractor who then causes damage, the HOA shares the responsibility for addressing those damages. Take clear photos of the damages.

Consumers More Confident on Housing

Despite higher home prices, the share of consumers who think it’s a good to time to buy increased to 20%. Those who think it’s a good time to sell declined to 64%.

Fed Cuts Key Interest Rate a Quarter-Point

The Fed cut its key interest rate by 0.25%, lowering it to 4.6%, as inflation drops near its 2% target. Interest rates impact mortgage rates.