Real Estate News - Page 21

It’s no secret that rents are rising. But for residents in hot vacation spots? Rent prices are growing even more. In fact, in hotspots like Orlando rents jumped upwards of 6 percent over last year.

Atlanta, Dallas and Houston are some of the fastest-growing metros in the nation. And according to new data, they’re also some of the most affordable in terms of housing.

"What's my house worth?" With today's rising property values, your hous may be worth more than you think. Here's how to find out.

Millennials are serious about homeownership. In fact, according to a new report, the Millennial cohort values owning a home over nearly every other milestone — including getting married, having children and traveling.

It’s a good time to be an American homeowner. Not only has home equity topped $6 trillion, but foreclosures have now dropped to 0.5 percent — their lowest point in more than a decade.

On the hunt for a luxury home? Then you might want to act fast. According to new data, luxury home prices are climbing — in some places at double-digit rates.

Want lots of housing options? Then avoid Sacramento or Charlotte. According to new data, they’ve experienced the biggest housing inventory crunch in the nation. In facts, listings in both cities have dropped more than 50 percent in the last three years.

If you’re not marketing your home to Millennials, then you’re missing out. Data shows that by the end of 2018, Millennials are expected to account for a whopping 43 percent of new mortgages — meaning nearly half of all home sales.

On the hunt for a home? You now have the most options since 2013. According to a new report, the number of new listings was up 8 percent last month — its highest uptick in more than five years.

Millennials looking for good job prospects and affordable housing should head South. According to a new ranking of the best cities for Millennial homebuyers, four of the top five spots are located in the Southern half of the country.

Though the recent 0.1 percent dip in national rents may seem like a reason for optimism, it turns out things are pretty bad for today’s renters. In fact, according to new data, nearly half of all U.S. renters are cost-burdened, spending more than 30 percent of their monthly income on rent.

So much for Southern hospitality. When it comes to annoying neighbors, the Lone Star State apparently has a lot of them. According to a new survey, Dallas, Austin and Houston are all in the top 10 for most annoying neighbors in the nation.

It seems the longstanding shortage of housing inventory may be on its way out — particularly in some of America’s higher-priced markets. In fact, according to new data from Trulia, some of the nation’s most expensive markets have actually seen the highest jump in listings over the last year.

Star and legend Cher, whose life is about to be spotlighted in a Broadway musical, once owned this 14-acre Beverly Hills estate. It's for sale: $68 million.

Home buyers have a lot to celebrate. Not only was home price growth at its lowest point in four years last month, but inventory crunches are starting to let up, too. Add in that more than 25 percent of sellers dropped their home’s listing price in August, and it seems we might have a buyer’s market sooner than many expected.

Looking to buy a home in today’s competitive housing market? Thanks to a new tool from Knock.com, determining when to bid — and even how much to offer — just got a little bit easier.

2017 tax bill summary and how the latest reforms affect you.

What does the American dream home look like exactly? According to a new study, it’s a four-bedroom, 5,000-square foot house on the water. It also comes with a whopping 10 acres of land.

Want to make some extra Airbnb income? Then buy in a small or medium-sized market with lots of residents — preferably one with warmer weather. According to new data, these are your best bet for banking the big bucks on the short-term vacation rental market.

The rising rent problem isn’t getting any better. Rents rose 3 percent over the year in July, with low-end properties seeing the biggest jumps. Rent prices in Orlando, in particular, have skyrocketed in the last year.