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First-time homebuyers often make costly mistakes like breaking their budget, skipping mortgage preapproval, and foregoing home inspections. It's crucial to set a comfortable budget including maintenance costs, get preapproved (not just prequalified) for a mortgage, and never skip a home inspection to avoid hidden repair costs. Also, comparison shop lenders for the best rates and […]

Existing home sales in October rose in two of four U.S. regions, with the Midwest up 5.3% and the South up 0.5%. The Northeast saw no change, while the West declined 1.3%. Total homes for sale increased slightly from last year, offering more options for buyers. Mortgage rates averaged 6.24%, down from 6.78% a year

Home location significantly impacts value, with homes in large metro areas worth about 60% more than those in non-metro areas. Pacific states have home values 35% higher than New England, while Southern and Midwestern regions have values 19-60% lower. Neighborhood quality adds roughly 2% value per rating point, while nearby abandoned buildings and visible trash

Buying your first home can be straightforward with the right guidance. Key steps include ensuring you're ready to commit, preparing your finances, maintaining your credit, and getting pre-qualified for a mortgage. Hiring a realtor can simplify the process, while a home inspection is crucial to identify potential issues. Be aware of extra expenses beyond the

In 2025, eco-friendly and efficiency-boosting home features dominate trends, with WaterSense fixtures rising 289.6%. Net-zero ready homes and EV charging gain popularity, reflecting a shift toward renewable energy. Biophilic designs that blend indoor and outdoor spaces increased 163%. Smart home features also grow, while formal dining rooms and luxury Old-World European styles decline. Luxury trends