Kevin O'Leary, a well-known investor, has some strong opinions on home buying. He thinks it's not always the best move, especially for young adults. His advice? Rent first, invest the savings, and buy later when it makes more sense. O'Leary suggests that buying a home only makes sense if you plan t
Pets are now a big deal in home buying. More than 70% of U. S. homes have a pet, and buyers are looking for houses that fit their pets' needs. This means features like fenced yards, durable floors, and nearby parks are becoming more important than ever. Buyers are willing to pay more for homes that
The spring housing market is finally kicking into gear, but will buyers be eager to jump in? There are a lot of factors to consider. For starters, mortgage rates and home prices are both quite high. The average 30-year mortgage rate is around 6. 65%, which is a bit lower than it was in January but s
In 2024, a new record was set: more Americans used inheritance money to help buy their first home. This comes from a survey by the National Association of Realtors. It shows that first-time homebuyers were older and wealthier than before. This is a sign of how tough it is for many people to buy a ho
The Federal Reserve is on the verge of announcing a series of interest rate cuts, which could have a significant impact on the economy. The decision to cut rates comes after a long period of steady increases, which had left borrowing expensive and made it difficult for consumers and businesses to in
