Commentary and opinion on real estate points from REALTOR® Magazine. Get the news delivered to your inbox by subscribing to the Navigate With NAR e-mail. A homebuyer must earn $114,627 to afford the median-priced U.S. house, up 15% ($15,285) from a yr in the past and up more than 50% for the reason that begin of the pandemic in early 2022, per Redfin. The priciest itemizing in Dutchess County, the $28 million Millbrook property has a whole wing largely embellished in the pattern.
Is Auctioning A House Better Than Utilizing A Massachusetts Realtor?
The biggest remorse amongst latest homebuyers was not being prepared for maintenance and different costs, according to a Bankrate survey. “People should know that this ache shall pass,” stated Melissa Cohn, regional vice chairman of William Raveis Mortgage in New York. “In the next yr or two years, interest rates shall be lower, and folks could have …