Home Source Realty

For Some, Smart Homes May Be Too Smart Is the TV listening to me? Could a company get hacked and leak my doorbell videos? Smart devices make life easier but also make some people uncomfortable. NEW YORK – While smart-home technology adds convenience to a homeowner’s lifestyle, many Americans worry about potential shortcomings when it...

NAR 4Q: Most Metros Saw Double-Digit Price Growth \67% of metro areas in NAR’s 4Q report saw double-digit price growth.. WASHINGTON – The fourth quarter of 2021 saw home prices continue to increase, although at a slower pace. Even though two out of three metro areas saw double-digit price growth in the fourth quarter (4Q) of 2021, it’s down f...

Mortgage Rates Hit Two-Year High: 3.69% After three fairly calm weeks, the average rate for a 30-year, fixed-rate mortgage rose to 3.69% from last week’s 3.55%. WASHINGTON (AP) – Average long-term U.S. mortgage rates jumped last week to their highest level in more than two years, potentially bumping some homebuyers out of the market w...

NAHB: Too Few New Homes and Rising Costs in 2022 At the International Builders’ Show in Orlando, economists said the industry has too few laborers, and interest rate and price increases will deter more buyers. ORLANDO, Fla. – Low existing home inventory and strong buyer demand will keep housing moving forward in 2022, according to economists a...