The New Rules of Home Buying in a Changed Market.

The article discusses the changing landscape of home buying in the United States. The traditional method of paying real estate agents is set to change, with the seller no longer necessarily paying a 6% commission to be split between buyer and seller agents. Homeownership remains a challenge for many, with only 20% of homes for sale being affordable for the typical household. Home insurance costs have also risen, and buyers are advised to shop for insurance early and use it as a negotiation tactic. Additionally, the article suggests considering new construction homes, as they make up a larger percentage of homes for sale and often come with incentives. Finally, the article advises buyers who also need to sell their homes to have a plan in place to bridge the financial gap between the sale and purchase. [Extracted from the article]