How much does it cost to build a house? The median price of constructing a single-family home is $296,652. That’s for an average-sized house of 2,594 square feet, which boils down to $115 per square foot. Because of COVID-19, however, Americans keen to purchase new construction will need to tack on a pandemic premium of an extra $35,872, cranking up…
As the rebounding economy in California shows signs of declining again, this time due to the Covid Delta Variant upsurge – every dollar counts now, for middle class and even upper middle class families… As California enters the Fall of 2022, and consumer spending tightens again, employment is becoming more unstable, shut-downs loom, and companies that are suffering again turn…
These days, it seems like there are many ways to run a real estate marketing strategy—but only a few will set you apart from the crowd. A strong real estate marketing plan should be grounded in the fundamentals. Rather than relying on the flashiest new technology to generate leads, agents who want to ensure their longevity in the industry should tap into…
A new report has found that the explosive growth rate in housing prices has reached historic levels, with a year-over-year gain of eighteen percent in July coming in as the highest 12-month expand since that data index was d in one thousand nine hundred seventy-sixth. After extremely Ltd supply and superheated demand fueled these increases, the recent report by analytics company CoreLogic anticipated significantly slower growth over the following year,…
If you are looking for the cheapest cities to buy a home you came to the right place. Due to the COVID-19 pandemic, many families want to move to other locations. Looking for an affordable house? Head to Detroit, which has the cheapest homes in America. The city’s median home price is less than $35,000, and in certain neighborhoods, you can…
Last updated on September 1, 2022 As a real estate investor, you want to find properties where your investment dollar will go the furthest. To help you do that, we decided to compile a list of the cheapest states to buy a house in America in 2022. We analyzed data from several sources: Zillow Research for home values and historic price…
Dramatic weather events such as wildfires, flooding, extreme heat, drought, and storms are on the rise all over the world due to climate change. As a result, all of these climate-related events are posing an increasingly large risk to real estate and the housing market here in the U.S. So if you’re a homeowner or you’re planning to buy or sell…
The most expensive states for homeowners insurance Homeowners insurance costs an average of $1,445 annually, but premiums vary greatly by state, from $598 annually in the least expensive state to $2,559 annually in the most expensive state. We collected thousands of homeowners insurance quotes and calculated the average premium for each state. The following table shows our findings, from the…
Standard homeowner’s insurance doesn’t cover damage earthquakes or floods, but it may be possible to add this coverage. Homeowner’s insurance is also sometimes referred to as “hazard insurance”. Many homeowners pay for their homeowner’s insurance through an escrow account as portion of their monthly mortgage payment. You create the payments to the lender, and the lender holds the portion of the payment that’s for insurance in an escrow…
There are many important steps to buying or selling a house. One aspect that homebuyers and sellers often have questions about is the home appraisal process and how it impacts them in regards to the home sale. It’s important for both buyers and sellers to understand this process so that your home purchase, or sale, goes as smoothly as possible. Below…