Forecast: The Top Housing Markets of 2017
Forbes magazine and Local Market Monitor analyzed 300 housing markets across the U.S. and came up with a joint list of the Top 20 Housing […]
Residential Real Estate
Wage Growth Lags Behind Home Price Appreciation, Affordability at 8-Yr. Low
Income growth hasn’t kept up with multi-year gains in home prices in 81% of U.S. real estate markets, according to a report by ATTOM Data Solutions’. […]
Buying a Home is Cheaper than Renting in Two-Thirds of U.S. Markets
According to ATTOM Data Solutions’ 2017 Rental Affordability Report, buying a home is more affordable than renting in 66% of U.S. housing markets. However, rising […]
Cities with Monthly Mortgages Under $1,000
Looking to own an affordable home? Average mortgages in 6 metro areas are under $1,000 per month, according to a study by HSN, reported Marketwatch. City […]
California Makes it Easier for Homeowners to Add a Second Unit
California Governor Jerry Brown signed into law Assembly Bill 2299, which allows homeowners to add “accessory dwelling units” (ADU’s) to their existing homes. The bill, which […]
The Growing Burden of Renting: 2.7 Million Tenants Faced Eviction Last Year
The hot real estate market isn’t just posing a challenge to buyers, but also to renters. According to new research by real estate firm Redfin, an estimated […]
Real Estate Markets with the Biggest Price Reductions
Realtor.com analyzed 300 metropolitan areas for price reductions on existing real estate listings. The list was used to rank the top 10 markets with price discounts. 1. […]
Home Prices Exceed 2006 Peak, but are 16% Lower When Adjusted for Inflation
U.S. Home price have surpassed their previous peak levels reached in July 2006, according to the benchmark S&P Case-Shiller CoreLogic National Index. However, the new peak […]
Higher Mortgage Rates Add $16,400 to the Cost of an Average Home
The recent spike in interest rates, which have jumped from 3.5% to 4.25% in the past few weeks, have pushed the cost of an average […]
Trump Administration Eyes Reducing Mortgage Interest Deductions
The incoming administration of president-elect Donald Trump may reduce mortgage interest deductions, according to Treasury Secretary nominee Steve Mnuchin, reported Forbes. “We’ll cap the mortgage […]