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Rent Prices Are Soaring in These 5 U.S. Metros. Here's What to Know Before Moving to a Cheaper Area
Rent prices swelled during the first half of 2022, with a double-digit increase year-over-year. Here’s what to know before moving to a cheaper area.
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‘A Major Affordability Crisis': Rents Climb as Tenants Return to Big Cities
Rents are rising as tenants return to major cities like New York City and Los Angeles. A Zillow expert explains why and how much landlords can increase them.
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Tips for Home Buyers in a Cooling Real Estate Market
The housing market has been on a wild ride over the past two years, and if you’re not sure where things stand now, you’re not alone. Real estate agent Matt Templeton breaks down what to expect if you’re looking to buy or rent and how to get the best deal.
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Rents Are Climbing as Tenants Return to Cities
Landlords are raising rents across the U.S., and prices are up significantly in cities like New York and Los Angeles. Some tenants are staying in one place longer and avoiding upgrades, while others are moving to downsize, according to Jeff Tucker, senior economist at Zillow, who joins LX News.
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How to Stand Out in Hot Rental Housing Market
With the housing market booming, home buyers are turning to renting their next home or apartment instead. NBC10’s Erin Coleman has tips on how to make you the perfect candidate.
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Does This House Look Different? It Was 3D Printed
Habitat for Humanity recently completed its first 3D-printed home in Tempe, Arizona. It’s a single-family dwelling with 1,738 square feet of livable space – and will be energy efficient in the desert heat. Dusty Parsons, chief marketing officer for Habitat for Humanity of Central Arizona, joins LX News to talk about the home and how 3D-printed homes could alleviate the...
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Rent Prices Are Starting to Cool Down: The 5 Cities With the Most Significant Decreases
Rent prices have started to cool down this summer. Cities with the most significant decreases include Tallahassee, San Diego and even Miami.
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Climate Change Will Force People Out of Their Homes — But Where Will They Go?
Many seek the best places to live to avoid climate change—but do those places exist? And where will climate refugees go when the crisis forces them to relocate?
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Will the Housing Price Boom Finally Start to Slow Down?
Inflation is at a 40-year high and interest rates are going up too. So potential homebuyers might need to set their sights on a cheaper home in a more affordable area, while other potential buyers might back out of the market for now, says Lawrence Yun, chief economist for the National Association of Realtors.
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Americans Are ‘Wasting Too Much Money on Housing,' Says Top Economist—Here Are 4 Ways to Get ‘House Rich'
As mortgage interest rates spike, it costs more to buy a home. Whether renting or owning, many people waste money on housing, says a Harvard-trained economist.
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Many Homebuyers Face Surprise Repair Costs Soon After Moving in, Survey Shows
More than three-quarters of new homeowners said in a survey they ended up having an unexpected cost in the first year of ownership.
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Is It Better to Rent Or Own a Home? Here's How to Decide the Right Move for You
With both home prices and rents rising, you’ll have to make a decision based on your personal situation. Here’s what to consider.
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Mortgage Refinance Demand Plunges 60%, as Rates Hit Their Highest Level Since 2018
A sharp increase in mortgage rates causes a plunge in refinance demand.
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Buying a Home This Spring? Be Aware of These 5 Unexpected Costs
You’ll need more than your down payment in savings before buying a house. These are the costs you should factor into your budget.
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Home Prices Heated Up to Start the Year, With Huge Surges in Arizona and Florida, Says S&P Case-Shiller Report
Home prices picked up steam again in January after a brief pullback, even as mortgage rates increased.
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House Prices Are Going Up. Here's When You Should Increase Your Budget, and When to Stick to Your Original Price
In February, the median sales price for homes in the U.S. was $357,300, a 15% increase on the year, according to data from the National Association of Realtors.
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Mortgage Rate Soars Closer to 5% in Its Second Huge Jump This Week
The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage News Daily.
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Pending Home Sales Sink in February, Setting a Grim Tone as Housing Market Enters Key Spring Season
Higher mortgage rates are taking their toll on home sales, as a strong housing market begins to turn.
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Consumers Felt the Pinch at the Pump With Rising Gas Prices in February. Here's Who Was Affected the Most
Rising gas, rental and grocery costs have had the biggest effect on households with $50,000 or less in annual income, according to a new report.
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Mortgage Refinance Demand Plunges 14%, as Interest Rates Spike Higher
Fast-rising mortgage rates are causing a drop in mortgage demand, especially refinances.