Artist Colony Made Famous by ‘Hippies’ and Rock Stars Comes Into Its Own as Luxury Destination
Woodstock, NY, has one of the most recognizable names in real estate, thanks to a world-renowned music festival that didn't even take place in the town. The name conjures up images of Jimi Hendrix letting loose with "The Star Spangled Banner," Joe Cocker's famous gyrations, and an ominous warning no
‘Borderline Desperate’ Buyers Are Winning Bidding Wars but Risking Deals Over Low Appraisals
Desperate to win bidding wars in low-supply, high-demand markets, buyers often offer well over asking price, only to see the deal stall because the appraisal falls short of mortgage requirements. This leaves them with a stark choice—either pay out of pocket to bridge the financing gap or walk away f
How Chattanooga Boosted Affordable Housing Without Direct Subsidies
With its corner of Southeast Tennessee growing, Chattanooga has developed a new tool to encourage more housing, without making taxpayers foot the bill. The city has secured the first set of new housing developments using a first-of-its-kind tool, which incentivizes the construction of below-market h
Why Mortgage Rates Just Hit a 9-Month High—and What It Means for Buyers and Sellers
As summer unofficially begins, mortgage rates have climbed to their highest level in nine months, propelled higher by soaring energy costs stemming from the ongoing conflict in the Middle East. Freddie Mac reported last Thursday that the average 30-year fixed home loan rate reached 6.51%, a benchmar
Categories
Recent Posts
