Articles by Aly J. Yale - Page 24

Looking for a new place to call home? You might want to consider Ann Arbor, Michigan. According to a new ranking, it’s the No. 1 best place to live in America – and for good reason.

It seems real estate agents should get to work on their texting skills. According to a recent survey from Ellie Mae, homebuyers are increasingly expecting to text with their realtors – as well as other industry pros – as they go about the buying process. Fortunately, a new emoji app can help.

Single, female homebuyers are on the rise, according to a new survey, accounting for 18 percent of all home sales in 2017. Just 7 percent of home buyers last year were single males, while 65 percent were married couples – marking the third year in a row this segment has dipped.

It looks like HELOCs are about to rise. According to a new survey, nearly half of all homeowners have a Home Equity Line of Credit on their radar, with 42 percent saying they’re somewhat, very or extremely likely to apply for one in the next 18 months.

What are America's highest paying cities? You might be surprised by the answer.

The number of U.S. residents moving out of state has declined since the mid-80s. But according to new data, that trend might finally be ending thanks, in large part, to Millennials and Baby Boomers.

If Millennials needed more reason to join the housing market, RENTCafe has just offered it. According to a new study from the apartment listing site, the average Millennial will spend a whopping $93,000 in rent costs by the time they’re 30.

It’s not just age that separates the nation’s biggest generations. According to recent data from Realtor.com, it’s also preferences in housing markets.

As a homebuyer, acting fast is vital in today’s market – even in some of the nation’s smaller markets. According to new data, homes averaged a mere 62 days on market last month, the lowest February stat on record.

After two months of consecutive drops, it seems existing home sales are finally on the rebound. According to new data, sales on existing homes jumped 3 percent last month and more than 1 percent over the year.

Though Millennials may be known as tech-savvy disruptors to many, data shows they’re more traditional than most think. In fact, according to the National Association of Realtors, Millennial homebuyers consider proximity to friends and family more of a factor than either Generation Xers or young Baby Boomers.

Rising home prices might be getting buyers down, but for already existing homeowners? They’re offering serious financial benefits. According to new data from CoreLogic, the average homeowner saw their home equity jump by more than $15,000 last year alone – the biggest increase in four years.

Can a home equal happiness? If you buy a house in Fremont, California it just might. According to a new ranking, Fremont is the nation’s happiest city, boasting ample health, employment and community opportunities.

Single women home buyers may make up one of the biggest segments of the market, but that doesn’t mean the world is their oyster. According to a new ranking, while some states offer women prime opportunities for employment, health, safety and overall well-being, just as many don’t. And most of those sub-par states? They’re in the South.

We all know it costs to buy a home. But what if your city actually helped you with those costs, giving you free land, cash grants and other financial incentives just to move there? In a handful of American towns, that’s exactly what buyers can expect.

There’s a lot of talk about the housing affordability crisis faced by Millennial home buyers. But according to new data, today’s buyers are actually enjoying a much more affordable market than their parents did 40 years ago.

Millennial home buyers seem to have pretty good credit. According to new home buying trends, not only are their credit scores rising, but they’re also qualifying for more conventional loans – products that are traditionally more difficult to get without stellar credit.

It seems home buyers are starting to look outside major metro areas – and even major suburbs, in order to find their dream homes. According to new data, demand is rising in outlier housing markets across the nation, with Spokane, Washington leading the pack.

It looks like 2018 is going to be a big year for the home remodeling market. According to new data, home improvement projects will clock in around $340 billion across the country this year – a jump of 7.5 percent over 2017.