Articles by Aly J. Yale - Page 14

Digital mortgage solutions are a major priority for today’s homebuyers. In fact, according to a new survey, half of all homebuyers choose their mortgage lender based on whether they offered a digital portal or not.

Thinking of buying a new house in 2019? Chicago’s your best bet. According to new data, the city saw the biggest surge in new home construction last month, with a 60 percent uptick year over year.

A whopping nine out of 10 homeowners plans to remodel their house, according to a new survey. And more than a third of those homeowners? They plan to do so in the next two years.

Home price growth might be slowing, but homeowners are still gaining serious equity in their properties, According to new data, the average homeowner saw their equity jump by $9,700 last year.

The Sunshine State has more than just great weather and sandy beaches. According to a new analysis, it also has four cities where mortgage payments clock in significantly lower than local rents.

Are buyers willing to use AI instead of a real estate agent? How do sellers really feel about those commission fees? Which generation is most likely to forgo an agent altogether? A new survey has some interesting insights in how real estate agents are seen, used and (in some cases) replaced in today’s tech-savvy market.

More and more Americans are becoming homeowners — and younger generations are leading the charge. According to new data, owner households grew by more than 1 million last quarter, marking the eighth quarter in a row to see such growth.

Americans apparently aren’t making the smartest financial decisions when buying their homes. According to a new report, homebuyers are missing out on millions in mortgage savings by not shopping around.

Thanks to decreasing mortgage rates, consumer homebuying power is up. In fact, according to new data, it actually made its biggest monthly jump in more than five years.

Southern states boast the lowest in average real estate taxes, according to a new analysis. In fact, New Jersey homeowners willing to move to low-cost states like Alabama could save as much as $8,000 a year in property taxes.

The days of Millennials sitting on the homebuying sidelines have now come to an end. According to new data, the generation is now taking out the largest dollar share of new mortgages in the nation.

Spring is typically the hottest homebuying season of the year. But in 2019, that trend might not hold true. With mortgage rates near one-year lows, home sales down and showings on a steep downturn, spring is shaping up to be a pretty good time to buy a home.

The No. 7 U.S. lender isn’t a big bank of fintech firm. Nope. According to a new analysis, it’s good old mom and dad.

Own a home in Big Sky, Montana? Then you might want to consider listing it on Airbnb before Spring Break rolls in. According to new data, the city offers the nation’s biggest Spring Break jump in short-term rental rates.

If you’re hoping to buy a luxury home this year, then you might want to stock up on swimsuits. According to a new analysis, none other than Maui, Hawaii, is the nation’s top market for luxury buyers.

Housing inventory is finally on the rise. According to new data, January saw for-sale inventory jump 1.2 percent over December, marking the first time in half a decade that has happened. The last time a calendar year kicked off with an increase in inventory was 2014.

Tiny homes are often billed as the new big trend in real estate, but according to data, that just isn’t the case. In fact, tiny homes only made up a mere 2.1 percent of all New York City sales in the last eight years — and that’s the highest share of all major cities in the country.

Looking to snag a low mortgage rate? Then considering putting down roots in California. According to new data, the state claims the lowest mortgage rates in the nation.

For the past few years, iBuyers like Opendoor, Offerpad and other similar platforms have been simplifying the sales process for homeowners across the country, offering easy, instant cash offers, without all the hassle and headache of the open market. Now, with the launch of a new online marketplace, sellers can do more than just utilize iBuyers to sell their homes; they can actually compare the offers of more than 100 iBuyers in one single place, too.

Americans looking to buy a house — and do so affordably — might want to head to inward. According to a new ranking, Pittsburgh, Cleveland and Oklahoma City are the best cities for first-time homebuyers, boasting affordable entry-level homes, low down payment averages and not-so-stringent credit score standards.