Category: Real EstatePage 11 of 14

Longer Closing Times Hamper Home Sales

Nationwide existing-home sales dipped significantly in November, reaching their slowest pace in more than one-and-a-half years, according to the National Association of REALTORS®’ latest housing report. All four…

What the Fed’s Interest Rate Increase Will Mean for Housing

DAILY REAL ESTATE NEWS | THURSDAY, DECEMBER 17, 2015 Since 2008, the Federal Reserve has kept a zero-interest rate policy in place. But on Wednesday, in a largely…

The Rental Affordability Crisis

Realtor.com®’s chief economist warns that the nation is in a rental affordability crisis and that local leaders need to “wake up” and respond before matters turn even more…

Projects with the Greatest Remodeling Value

Aside from the need to upgrade worn out features, two of the biggest reasons owners put money into remodeling are to increase the home’s value and to improve…

Fannie Mae Offers Help to Repeat Home Buyers

The percentage of repeat home buyers has fallen 40 percent between 2002 and 2014, according to mortgage financing giant Fannie Mae’s research. Why the drastic drop? Jude Landis,…

Dos and Don’ts for a First-Time Home Buyer

Purchasing a home for the first time is one of the most exciting and important decisions someone can make. Making a mistake in the process can be devastating….

Dos and Don’ts for a First-Time Home Buyer

Purchasing a home for the first time is one of the most exciting and important decisions someone can make. Making a mistake in the process can be devastating….

Home Buyers: The Bargains Are Now

For home buyers chasing bargains, they may want to act fast. Closings in January provide the best discount for home buyers, according to Lawrence Yun, the chief economist…

Four Renovations That Can Hamper Value

Renovations are mostly done not only for a home owner’s comfort but to add value to their home. However, in some cases, home owners may end up making…

Mortgage Rates Stay Flat

Average fixed-rate mortgages mostly remained unchanged this week as the 30-year fixed-rate mortgage continues to remain 4 percent, Freddie Mac reports. Freddie Mac reports the following national averages…

6 Reasons Why a Housing Crash Isn’t Likely

The U.S. is nearing the 10-year anniversary of the 2006-2007 housing bubble. Should Americans be worried that history could repeat itself? After all, home prices have risen above…

Mortgage Rates are Inching Up

The 30-year fixed-rate mortgage is getting closer to moving over 4 percent, as mortgage rates climb for the second week in a row. Freddie Mac reports that fixed-rate…

Mortgage Rates are Inching Up

The 30-year fixed-rate mortgage is getting closer to moving over 4 percent, as mortgage rates climb for the second week in a row. Freddie Mac reports that fixed-rate…

Mortgage Rates Are Climbing

Fixed-rate mortgage rates were on the rise this week as market expectations mounted over a possible rate hike from the Federal Reserve. Those expectations pushed the 30-year fixed-rate…

Homeowners Net Highest Profits in 8 Years

Rising home prices over the last few years are finally putting more money back into home sellers’ pockets. Homeowners who sold during the third quarter saw an average…

Concrete Cracks: Reason for Concern?

You’re touring a property with a buyer when they spot a big crack in the driveway, sidewalk, or concrete patio area. Should the crack make them be concerned…

Why Condo Loans Can Be So Hard to Get

From NAR.org For many first-time home buyers, condominiums are an affordable way to get on that first rung of home ownership. Yet financing for condos can be a…

Interest Rates Likely to Stay Low Longer

The Federal Reserve once again decided not to raise the federal funds rate this month, saying the economy is still falling short of benchmarks. That likely means home…

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