Real Estate News 02/25/2025

Today’s News Synopsis:

In The News:

Forbes – “What Is House Hacking, And Is It A Solution To The Housing Problem“ (02-24-25)

“With rising home prices and the Singles Tax costing solo renters over $7,500 more per year, affordability is a struggle. “

FOX Business – “Mortgage rates fall for fifth week in a row, hover near 7%” (02-20-2025)

“Mortgage rates fell for a fifth consecutive week, hitting the lowest level since December but remaining elevated near 7%.”

Fast Company –  “Housing market map: Zillow just revised its 2025 home price forecast“(02-22-25)

“Zillow projects that U.S. home prices will rise 1.1% between January 2025 and January 2026.”

Redfin – “Is Your HOA Overstepping? 12 Unenforceable HOA Rules to Know” (02-19-25)

“HOAs help maintain property values, but some rules go too far.  From unfair fines to solar panel bans, know your rights. This guide covers 12 unenforceable HOA rules and how to push back.”

CBS News – “Should you use a home equity loan for your spring home renovation? Experts offer advice” (02-24-25)

“According to a recent study, nearly two-thirds of homeowners opt to finance their renovations rather than pay out of pocket. The good news is that rising home values over the past several years have increased the equity most homeowners have in their homes, making it easier to pay for home improvement projects with a home equity loan.”