Down Payments Are Up: Here’s Where They’re Highest Faced with more expensive home prices, home buyers are bringing more money to closing. The median down payment on a single-family home and condo purchased in the third quarter increased by...
Read MoreWhere Real Estate Is Expected to Shine in 2021
Where Real Estate Is Expected to Shine in 2021 The housing markets expected to be the strongest in 2021 are tech hubs with strong job creation, state capitals where home shoppers may get more square footage for their money, and smaller cities...
Read MoreSurvey: Gen Z Expects Homes to Have Tech
Survey: Gen Z Expects Homes to Have Tech Generation Z, the oldest of whom are turning 24 this year, is a growing force in the rental market, but real estate experts are watching these consumers’ preferences closely for when they’re ready...
Read MoreReport: Buyer Trends Moving to the Suburbs
Report: Buyer Trends Moving to the Suburbs A lot has changed since the onset of the coronavirus pandemic, including home-buying trends. Homes that were once sitting on the market due to their size and location, are now the preferred...
Read More2020’s Best Real-Estate Markets
2020’s Best Real-Estate Markets Whether you’re joining the real-estate business or just looking for a place to call home, it’s important to get a handle on the housing markets you’re considering before investing in a property. This year...
Read MoreBaby Boomers Are Making Home Renovation a Priority
Baby Boomers Are Making Home Renovation a Priority Home renovation remains a popular activity for owners, particularly among older age groups. Baby boomers accounted for more than half of renovating homeowners in 2019, according to a newly...
Read MorePotential homebuyers are going to face historically low inventory this summer
Potential homebuyers are going to face historically low inventory this summer LendingTree says that 53% of homebuyers are more likely to buy a home in the next year because of the COVID-19 pandemic, with respondents saying they’re either...
Read MoreMore Than a Quarter of Properties Are Equity-Rich
More Than a Quarter of Properties Are Equity-Rich Many homeowners have a lot of money in their homes. During the first quarter of this year, 26.5% of residential properties or 14.5 million were considered equity rich, meaning the owner had at...
Read MoreNumber of Homes for Sale Has Dropped, But Prices Have Risen
Number of Homes for Sale Has Dropped, But Prices Have Risen The number of homes for sale declined 15.7% annually in March, a housing report released Thursday by realtor.com® shows. However, the national median listing price was up 3.8% to...
Read MoreRental prices in top housing markets fall in March
Rental prices in top housing markets fall in March Rental prices for one-bedroom and two-bedroom units fell in March, sliding by 0.4% and 0.3%, respectively, according to Zumper. It now costs the average renter a median of $1,219 and $1,463 to...
Read MoreHomeownership Rate Climbs to 6-Year High
Homeownership Rate Climbs to 6-Year High Americans are facing challenges to homeownership, particularly with shrinking inventories of homes for sale, yet somehow more are still finding their way to becoming homeowners. The homeownership rate rose...
Read MoreFannie Mae, Freddie Mac loan limit increases to more than $510,000
Conforming loan limit has now increased by nearly $100,000 since 2016 The Federal Housing Finance Agency announced Tuesday that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than $510,000. In most of the U.S....
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