Are mortgage buydowns a lifeline or a risk for new homebuyers?
The debate over the large builders’ elevated use of mortgage buydowns — and the potential risks to buyers — isn’t new. Reigniting the argument, a recent report from the American Enterprise Institute (AEI) asserts that mortgage buydowns among the large builders are artificially inflating new home pri
Pine Bluff’s low prices are not speeding up home sales
Pine Bluff’s housing market reveals a stark disconnect between affordability and buyer interest, with 34.4% of active listings taking price cuts while homes sit on the market for a median 91 days. The metro’s $139,950 median list price represents less than half Arkansas’s $315,000 statewide figure,
Connecticut governor signs bill to tackle affordable housing shortage
Connecticut Gov. Ned Lamont (D) on Wednesday signed a housing bill aimed at addressing the state’s shortage of affordable housing. H.B. 5002, a “much-debated” bill, according to CT Insider, passed during a special session in early November. The bill is a compromise from the version that Lamont had v
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