REI Posts

Planning to buy a home in 2025? Here’s some tough news: housing prices are expected to go up, and experts are predicting steady growth throughout the year. If you’re renting, though, you might catch a break. Home Prices Are Climbing According to Redfin, home prices will rise by about 4% next year, continuing the upward … Read more

The buzz in Palm Beach is all about Elon Musk! Rumors are swirling that the billionaire entrepreneur might be eyeing a luxurious penthouse in Florida. This isn’t just any penthouse—it’s the one that once belonged to beauty mogul Sydell Miller, the brains behind famous brands like Ardell and Matrix Essentials. Miller bought the stunning penthouse … Read more

Real estate expert and “Shark Tank” star Barbara Corcoran believes there’s one magic number that could send the housing market into overdrive: 5% mortgage rates. During a recent chat on Fox Business’s “Cavuto: Coast to Coast,” Corcoran explained that if mortgage rates drop into the 5% range, it would spark incredible homebuying activity. Right now, … Read more

The average mortgage rate for a 30-year loan recently dropped to 6.60%. Curious about what it takes to buy a home in Kentucky at this rate? Let’s simplify it! Kentucky Home Prices and Down Payments The median price for a home in Kentucky is $299,200. Here’s what your down payment and monthly costs might look … Read more

Did you know that not having a bank account can hold you back from building wealth? It’s true! Over 5 million U.S. households don’t have bank accounts, and this makes it harder to buy homes, save money, or even start a business. Here’s the thing: without a bank account or a credit history, it’s tough … Read more

If you’re house hunting in Washtenaw County with a $200K budget, you might be surprised at what you can get! Here’s a rundown of five homes that sold between Dec. 2 and Dec. 8 for $200,000 or less. These picks offer great value, with plenty of charm and space to make your own. 1. $200K … Read more

Rumors are swirling that billionaire Howard Lutnick, CEO of Cantor Fitzgerald and a pick for Commerce secretary, has purchased Fox News host Bret Baier’s jaw-dropping Washington, D.C., mansion. The stunning French château-style home, located at 2400 Foxhall Road, was listed last year for $31.9 million but had its price trimmed to $28.995 million earlier this … Read more

Thinking about buying a house but worried about your credit card debt? You’re not alone. The housing market has changed a lot in recent years, making it both exciting and challenging for buyers. Mortgage rates, once sky-high, are finally coming down, and home prices are leveling out as more houses become available. But is it … Read more

Miami’s real estate market has been skyrocketing since the pandemic, with home prices climbing nearly 50% since 2019. According to UBS’s 2024 Global Real Estate Bubble Index, Miami is now the riskiest city in the world for a housing bubble, beating places like Tokyo and Zurich. But don’t worry—real estate experts say there are smart … Read more

The year 2024 has been a wild ride for mortgage rates, with ups and downs that have kept many homebuyers and homeowners on edge. Early in the year, rates were rising, but they dropped in the fall before climbing again. So, what’s in store for 2025? Will mortgage rates finally go down? Let’s break it … Read more