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The typical home for sale in the US has had its price cut, been on the market for months, and comes with at least one sweetener for buyers
8 days ago | By Business Insider
Getty Images With property prices declining in many US cities, buying a home is starting to get a tiny bit easier.
The median home-sale price fell 1.2% year-over-year in March to $352,750, according to Redfin.
As home prices fall and buyer demand fades, sellers are losing their grip on the housing market.
On the whole, conditions are starting to improve for prospective home buyers.
This year's home buyers still have to dig deep to afford the typical home for sale in the US. With the median home-sale price at $352,750 and mortgage rates hovering above 6%, housing affordability is at an...
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Home construction unexpectedly surged in February as slump in lumber prices offset pain of rising mortgage rates
8 days ago | By Business Insider
Construction work on a new apartment building in Austin, Texas. Brandon Bell/Getty Images
US housing starts surged in February, with the upside surprise boosted by falling lumber prices in the month.
Construction projects pushed through a period of rising mortgage rates.
Lumber prices climbed Thursday to trade above $400 per thousand board feet Thursday.
Data for February showed that new housing construction spiked unexpectedly in February, aided by falling lumber prices during the month while mortgage rates continued to tick higher. Lumber prices jumped Thursday following data showing...
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Salesforce COO warns there may be even more job cuts coming to 'change and...
Salesforce recently cut around 8,000 roles. Noam Galai/Getty Images Salesforce COO Brian Millham said it could "change and reshape" the company, per Bloomberg. The company has... Read more ...
New York Post and New York Daily News torch Trump for threats against Bragg...
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