The US housing market still has a serious hangover

U.S. home prices keep climbing as inventories sit at historic lows yet the pace of construction lags. What might stimulate builders is worsening affordability for millennials, and may be persuading baby boomers to stay put. A decade after the crisis, the American housing hangover shows few signs of lifting. Prices rose 5.8 percent in the […]

How to Keep Your Second Home Safe

Posted on Aug 29, 2017 01:40 PM EDT How to Keep Your Second Home Safe If you are lucky enough to own a second home or a residence in your favourite country, then you will understand the anxiety behind wanting to keep it safe at all times. Of course, you can’t be in two places […]

Where Salaries Go the Farthest

You can get much more bang for your buck in some locales than others. While salaries may be highest in San Jose and San Francisco, for example, the cost of living is highest there too. But when salaries are adjusted for cost of living, the smaller metros tend to be where residents see their paychecks […]

5 Things to Never Tell a Contractor

Contractors may be your client’s go-to person during a home renovation. To ensure things go smoothly, realtor.com® warns of a few phrases homeowners should never say to the contractor, including: 1. “I’m not in a hurry.” Don’t put too much pressure on the contractor. This phrase implies the contractor and crew can take as much time as they’d like […]

Swap Out These 7 Things in Your House for a New Lease on Life

  Freer Law/iStock   You just can’t overestimate the effect your home can have on your mood. After all, it’s where you try to relax after work, and to get jazzed up for a new day. But some surprising things in it might actually be bringing you down, without your realizing it. Fortunately, a few […]

Top Entryway Decor Ideas for 2017

By Katherine Medlin, guest contributor  The entryway is a significant space within a home — it’s the first thing a potential buyer sees, and it sets the stage for the whole vibe of the home. Buyers can form opinions on a home within seconds of opening that front door. Your clients can make a few simple changes […]

Fannie Loosens ARM Down Payment Rules

Fannie Mae is changing the requirement that borrowers pay a higher down payment to qualify for an adjustable-rate mortgage, announcing that it is bringing this type of financing more in line with that of fixed-rate mortgages. Now, borrowers can make as little as a 5 percent down payment on a one-unit primary property using an […]

China may be crippling some of its largest companies with a crackdown on investment

China has tightened the purse strings on foreign investment, but the government’s crackdown could completely backfire, hurting the very companies it’s seeking to firm up. Chinese companies had been on a massive shopping spree — outbound deals hit a new record every year since 2009, soaring 500 percent to a whopping $200 billion last year. […]

Top Destination Cities for Relocation Buyers

Home buyers looking to relocate are most likely to be heading to Colorado Springs, Colo. The city nabbed the top spot on ATTOM Data Solutions’ list of top moving destinations for the third quarter of 2017. Also likely to receive more transplants are Chicago; Washington, D.C.; Reno, Nev.; and Lexington, Ky. According to ATTOM Data […]

30-Year Mortgage Rate Hits New 2017 Low

Borrowers applying for a 30-year fixed-rate mortgage this week locked in the lowest rate of the year, as it dropped to its lowest average since November 2016, Freddie Mac reports. Additionally, “the 10-year Treasury yield fell 6 basis points this week amid concerns over lagging inflation,” says Freddie Mac chief economist Sean Becketti. Freddie Mac […]

Inventory Relief for Desperate Buyers?

If your buyers have been frantically searching for a home as the inventory crunch grows tighter, some relief may be on the way. It’s a challenging environment, with homes in July selling at the fastest pace this year, prompting “desperate buyers to bid up prices and move quickly to close,” according to realtor.com®’s monthly housing […]

Report: 30% of Luxury Deals Are ‘Suspicious’

A new watchdog program designed to monitor real estate deals involving shell companies has found that the buyers in 30 percent of high-end deals were linked to “suspicious activity,” the Treasury Department reported this week. Federal officials are now expanding the program, which aims to prevent money laundering by overseas buyers who use shell companies […]

The 20 Markets Dominating in August

Half of the 20 hottest housing markets in August were located in California. Vallejo, Calif., held on to its top spot in realtor.com®’s “hot list” this month. Realtor.com® ranks the top 20 medium-to-large metro markets where homes are selling the fastest and where buyers are searching the most on realtor.com®. Detroit also made a comeback […]