Buying a homeMarch 23, 2019Home bidding wars down, buyer opportunities upHome bidding wars happen when two or more buyers compete for the same property but research indicates that home bidding wars happen much less often nowadays. This is good news for would-be buyers.
Real Estate NewsMarch 21, 2019Bye bye, big down payment: Most homebuyers put less than 10% downNo money for a down payment? That might not be a problem. According to a new analysis, the majority of recent Millennial and Generation X homebuyers pay either no down payment or down payments of less than 10 percent when purchasing their home.
Real EstateMarch 20, 2019Why townhouses are popular with first-time home buyersA new townhouse can be an amazing value for first-time home buyers who want the privacy of a single-family home, but—as a first-time home buyer—can’t afford the price.
Real Estate NewsMarch 20, 2019Mortgage lenders: Your digital tools may make or break youDigital mortgage solutions are a major priority for today’s homebuyers. In fact, according to a new survey, half of all homebuyers choose their mortgage lender based on whether they offered a digital portal or not.
Real EstateMarch 19, 2019Modern homes: The style Millennials loveEasily customized and designed to reduce energy and maintenance costs, modern homes are a popular choice for Millennial home buyers.
Real Estate NewsMarch 19, 2019New home construction lags — but not in these four citiesThinking of buying a new house in 2019? Chicago’s your best bet. According to new data, the city saw the biggest surge in new home construction last month, with a 60 percent uptick year over year.
Real Estate NewsMarch 18, 2019Remodeling on the rise: Here’s how many homeowners plan to renovate their houseA whopping nine out of 10 homeowners plans to remodel their house, according to a new survey. And more than a third of those homeowners? They plan to do so in the next two years.
Real EstateMarch 15, 2019Why Craftsman homes are making a comebackCraftsman homes are gaining popularity with today's new home buyers. Their attractive design and eco-friendly layouts make these some of the most sought-after homes today.
Real Estate NewsMarch 14, 2019Report: Homeowners gained nearly $10K in home equity last yearHome price growth might be slowing, but homeowners are still gaining serious equity in their properties, According to new data, the average homeowner saw their equity jump by $9,700 last year.
Real Estate NewsMarch 13, 2019Buying vs. renting: Where buying a home is the clear-cut winnerThe Sunshine State has more than just great weather and sandy beaches. According to a new analysis, it also has four cities where mortgage payments clock in significantly lower than local rents.
Mortgage NewsMarch 12, 2019Survey reveals what sellers, buyers really think of real estate agents in the face of techAre buyers willing to use AI instead of a real estate agent? How do sellers really feel about those commission fees? Which generation is most likely to forgo an agent altogether? A new survey has some interesting insights in how real estate agents are seen, used and (in some cases) replaced in today’s tech-savvy market.
Real Estate NewsMarch 11, 2019Homeownership is on the rise thanks to young buyersMore and more Americans are becoming homeowners — and younger generations are leading the charge. According to new data, owner households grew by more than 1 million last quarter, marking the eighth quarter in a row to see such growth.
Real Estate NewsMarch 7, 2019Report: Americans are paying too much for their mortgagesAmericans apparently aren’t making the smartest financial decisions when buying their homes. According to a new report, homebuyers are missing out on millions in mortgage savings by not shopping around.
Real Estate NewsMarch 6, 2019Homebuying power increases, making its highest jump in five yearsThanks to decreasing mortgage rates, consumer homebuying power is up. In fact, according to new data, it actually made its biggest monthly jump in more than five years.
Mortgage NewsMarch 5, 2019Want to pay less in property taxes? Move SouthSouthern states boast the lowest in average real estate taxes, according to a new analysis. In fact, New Jersey homeowners willing to move to low-cost states like Alabama could save as much as $8,000 a year in property taxes.
Real Estate NewsMarch 4, 2019Millennials outrank Boomers on recent mortgagesThe days of Millennials sitting on the homebuying sidelines have now come to an end. According to new data, the generation is now taking out the largest dollar share of new mortgages in the nation.
Real Estate NewsFebruary 28, 2019Hot spring homebuying season? Maybe notSpring is typically the hottest homebuying season of the year. But in 2019, that trend might not hold true. With mortgage rates near one-year lows, home sales down and showings on a steep downturn, spring is shaping up to be a pretty good time to buy a home.
Real Estate NewsFebruary 27, 2019“Bank of Mom and Dad” clocks in as the nation’s No. 7 lenderThe No. 7 U.S. lender isn’t a big bank of fintech firm. Nope. According to a new analysis, it’s good old mom and dad.
Real Estate NewsFebruary 26, 2019Spring Break short-term rental demand: Where homeowners stand to gain the mostOwn a home in Big Sky, Montana? Then you might want to consider listing it on Airbnb before Spring Break rolls in. According to new data, the city offers the nation’s biggest Spring Break jump in short-term rental rates.
Real Estate NewsFebruary 25, 2019Buying or selling a luxury home? Here are the best markets to do it inIf you’re hoping to buy a luxury home this year, then you might want to stock up on swimsuits. According to a new analysis, none other than Maui, Hawaii, is the nation’s top market for luxury buyers.