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Real Estate News

Virtual reality homebuying on the horizon

Southern California’s home market is so competitive that some buyers make down payments on houses over mobile streaming applications. Soon, thanks to virtual reality, showing a home may become passé, too. Calgary, Canada-based builder Brookfield Residential will offer virtual tours…

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Housing Affordability in U.S. Hits Eight-Year Low

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), shortages of buildable lots and skilled labor, along with excessive regulations, rising mortgage interest rates and ongoing home price appreciation pushed housing affordability in the fourth…

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