Author: lofaack

The housing market is finally starting to normalize after an exhausting and wild three years. But even normal is a bit weird in the world of real estate. Even though home prices are falling, interest rates remain astronomically high, barring many from being able to afford homes.

See: 7 Best Cars for Retirees on a Budget
Also: 6 Genius Things All Wealthy People Do With Their Money

And then you’ve got everyone on the other side of the equation: the homeowners. They’ve got the most to lose because their homes probably are their biggest assets and biggest

A substantial settlement recently announced by a US group representing more than one million Realtors has real estate experts hopeful Canadian home sellers could soon get a better deal.

Last week, the US-based National Association of Realtors (NAR) agreed to pay $418 million US to end legal claims from home sellers that alleged the group artificially inflated real estate commissions.

The NAR, which denied any wrongdoing in the case, it has also been agreed to eliminate the standard six per cent sales commission and do away with other commission rules.

The landmark settlement in the US is playing out at

Your home is your sanctuary, but it’s also one of your biggest budget items. And after you retire, it may feel like more home than you need. But in this housing market, when a smaller home with upgraded features may be about as expensive as the one you’re selling, is it still smart to downsize?

In some cases, downsizing is appropriate, but not necessarily money-saving. You may be able to sell your house and buy something cheaper, but it might also make sense to downsize to move closer to family or have less house to clean.

It’s important to be

Victoria might be sweating through its hottest weekend of the year, but the property market is going to be feeling the hot for the next night.

PropTrack recorded 350 results yesterday from the 532 homes testing the market this week, down from more than 1000 slated almost every week since the start of February.

But a healthy 62 per cent clearance rate has boosted confidence ahead of the state tackling a monster two weeks ahead with more than 3400 homes scheduled to test the market.

RELATED: Hot auction narrowly avoids dress mishaps,

Indian housing market continued on the growth path with housing sales during Jan-March (Q4FY24) was highest ever. According to data from Anarock, 1,30,170 units sold during the quarter across the top 7 cities, a 14% yearly rise year-on-year.

With this the total housing sales in FY 24 reached 492,900, 30% increase from previous year.

“MMR and Pune accounted for over 51% of the total sales in the top 7 cities, with MMR recording a 24% yearly jump and Pune witnessing an over 15% yearly rise. New launches across the top 7 cities continued above the one lakh mark but witnessed