Black-owned banks received a wave of investment after George Floyd’s murder. That investment helped those lenders make more loans than they could have otherwise.
According to a new study from Redfin, buyers’ agents are still making about the same amount on commissions now as they were before the new rules went into effect — and sellers are mostly still paying them.
There's a lot of pent-up demand for new homes, but homebuilders are facing a combination of high interest rates, labor shortages and tariffs on construction materials.
“Even though I only live, like, 35 minutes away from the city, or 45 minutes by metro, it’s just a little inconvenient for people,” said William Craver in Herndon, Virginia.
Median property taxes in the U.S. rose by an average of more than 10% between 2021 and 2023, according to an analysis by LendingTree. More than half of homeowners with a mortgage are paying more than $3,000 a year.
A Realtor.com report finds that both the price and square footage of newly built homes are decreasing in about a quarter of the 100 largest metropolitan areas.