Economy

Nearly half of Baby Boomers forgo financing when purchasing home

(The Center Square) – While most home buyers still get a loan to buy a home, about half of Baby Boomers are forgoing financing altogether, often using home sale proceeds… Read More

Housing

Realtors group ends commission model; biggest ‘jolt’ in housing in 100 years

(The Center Square) – The National Association of REALTORS announced Friday an agreement where it will end the 6% commission that is routine in home sales. In a court settlement… Read More

Economy

U.S. home prices sink under weight of higher interest rates

(The Center Square) – The median existing-home price for all housing types declined 3.1% in May from the same month in the prior year, the biggest drop in more than… Read More

Economy

Home sales decline, mortgage payments up 54%

(The Center Square) – The National Association of Realtors released new data Wednesday reporting that mortgage payments have risen more than 50% in the last year. Read More

National

Home prices and joblessness increase

(The Center Square) – Earlier this week, President Joe Biden touted the country’s economic growth since he took office, but the latest economic data show that progress may not be… Read More