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Author: Swapna Venugopal Ramaswamy, USA TODAY

Money

Home prices rose by more than 50% in these 10 markets since 2017

June 2, 2021June 2, 2021 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on Home prices rose by more than 50% in these 10 markets since 2017

If you own a home in the top 10 metro housing markets, it might be worth a lot more than what you paid for, even if you bought it a few years ago.

News

Luxury home sales soar, even helping houses that languished on the market for months

June 1, 2021June 1, 2021 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on Luxury home sales soar, even helping houses that languished on the market for months

Americans have struggled with bidding wars and a limited number of houses for sale. But the luxury home real estate market is improving.

Money

Multigenerational home sales increase during COVID-19 pandemic as buyers care for parents

May 23, 2021May 23, 2021 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on Multigenerational home sales increase during COVID-19 pandemic as buyers care for parents

In the first three months of the coronavirus pandemic, the number of multigenerational homes bought jumped from 11% to 15%.

Money

As prices soar and bidding wars flare, many home sellers will ask above what they think their house is worth

May 20, 2021 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on As prices soar and bidding wars flare, many home sellers will ask above what they think their house is worth

In the current seller’s market, 29% of would-be home sellers expect to set the list price above what they think the house is worth.

Money

Finally tackling that home improvement project? Why you should expect delays, shortages and higher prices into 2022

May 20, 2021May 20, 2021 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on Finally tackling that home improvement project? Why you should expect delays, shortages and higher prices into 2022

The COVID pandemic brought an opportunity for many to start home improvement plans. But the industry is having trouble delivering.

Money

‘I don’t care that I’m overpaying’: Houses are selling over asking price. Here’s how to win a real estate bidding war.

May 13, 2021May 13, 2021 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on ‘I don’t care that I’m overpaying’: Houses are selling over asking price. Here’s how to win a real estate bidding war.

The real estate market continued to break historic records in April, as home prices rose 21% YoY and the median home-sale price soared to $348,500.

Money

One-third of people who delayed mortgage payments during COVID-19 used cash for groceries, utilities

May 10, 2021May 10, 2021 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on One-third of people who delayed mortgage payments during COVID-19 used cash for groceries, utilities

In a Credit Karma survey exclusive to USA TODAY, 59% of people felt their financial stability depended on their ability to delay mortgage payments.

Money

Buy a house during COVID-19? The housing market is a tale of two Americas and first-time buyers are struggling

May 6, 2021May 6, 2021 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on Buy a house during COVID-19? The housing market is a tale of two Americas and first-time buyers are struggling

In the housing market, the ability to purchase homes seems proportional to the price range – the higher the range, the greater the sales.

Money

Is the office back? COVID-19 created a work-from-home culture but companies are trying to make the office appealing again

April 26, 2021April 27, 2021 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on Is the office back? COVID-19 created a work-from-home culture but companies are trying to make the office appealing again

After a year of work-from-home policies, companies are prepping for their employees’ return to the office. That could be a very unfamiliar place.

Money

Flush with cash, affluent Americans are chasing million dollar listings

April 21, 2021April 21, 2021 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on Flush with cash, affluent Americans are chasing million dollar listings

Sales of homes above $1 million surged 81% in February from a year earlier. Homes sold under $100,000 were down 26%.

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