Real Estate NewsMay 16, 2019Data shows a fifth of all Millennials are living with momRising rents are causing more and more Millennials to move in with mom. According to new data, the number of young adults living with their mom has nearly doubled since 2000.
Real Estate NewsMay 15, 2019The top cities for Millennials: Where Generation Y is putting down rootsMillennials aren’t gravitating toward the huge urban centers like most would expect. According to new data, they’re actually heading to smaller towns in the midwest — like Madison, Wisconsin and Grand Rapids, Michigan.
Real Estate NewsMay 14, 2019Home price growth is slowing — but maybe not for longHome price growth is continuing to slow down — though it might not be for long. A new forecast predicts home prices will rise as 2019 plows forward.
Real Estate NewsMay 13, 2019Housing inventory is up, especially on starter homesHousing inventory has finally stopped its longstanding decline. And even better for first-time homebuyers, starter home inventory is actually on the rise.
Real Estate NewsMay 9, 2019Investing in a beach house? Here’s where to buy (and maximize profits)Considering a beach house investment or a summer home to occasionally rent out? A new report reveals the best places to buy a beachfront property in 2019.
Real Estate NewsMay 8, 2019New report: Referrals equal big earnings for today’s real estate agentsReferrals are vital to any agent’s career. In fact, according to new data, 17 percent of all real estate agents earn anywhere from $20,000 to $50,000 thanks to agent-to-agent referrals every year.
Real Estate NewsMay 7, 2019Home sellers: Want to triple your profits? Do this one projectData shows that less than home sellers got an average of 7 percent more than their asking price in the last five years. But those who did additional construction before listing? They got three times that.
Real Estate NewsMay 6, 2019Keller Williams launches iBuyer program, starting with DallasKeller Williams has become the latest big name brand to join the iBuying game. This month, the national real estate brokerage launches its Keller Offers program, looking to compete with Opendoor, Offerpad and other iBuyers in certain markets.
Real Estate NewsMay 2, 2019Home seller gains are down, but strong — especially in WestHome sellers may not be making the bank they were last year, but sales profits are still going strong, historically speaking. According to new data, the average seller saw a 31.5 percent return on investment last quarter — amounting to $57,500 in profits.
Mortgage RatesMay 1, 2019President Trump calls for a 1% interest rate cut, additional stimulusPresident Trump took to Twitter to advise a 1% rate cut and further stimulus from the Federal Reserve.
Real Estate NewsMay 1, 2019U.S. homeownership rate remains strong, thanks to young buyersThe national homeownership rate held steady last quarter, hovering around 64 percent. According to one expert, it’s poised to rise even more thanks to an influx of young buyers.
Real Estate NewsApril 30, 2019Home showings down, signaling a less competitive housing market this springIf homebuyers want another sign the market has turned in their favor, last month’s showing activity is the proof. According to new data, home showings were down significantly in March — especially on the West Coast.
Real Estate NewsApril 25, 2019West Coast markets cool down; buyer see more success on first offersThings are looking up for homebuyers on the West Coast. According to new data, the historically hot coastal markets are finally cooling down — and buyers are having an easier time snagging those dream homes.
Real Estate NewsApril 24, 2019Hispanic homeownership is up — especially in these areasHomeownership among Hispanic Americans is on the rise. According to a new report, Hispanic homeownership rose to 47.1 percent in 2018 — its highest point since 2010. It also marks the biggest annual gain in homeownership for the cohort in 13 years.
Mortgage NewsApril 22, 2019Homebuying power on the rise thanks to low rates and high incomesAmerican homebuying power has reached its second-highest point in the last 20 years. According to a new analysis, the average buyer can now afford a home priced as high as $391,037.
Real Estate NewsApril 18, 2019Home flipping is up; here’s where returns are highestHome flipping is once again a major force in the housing market. According to new data, it accounted for more than 10 percent of all home sales last quarter — nearing all-time high levels.
Real Estate NewsApril 17, 2019Generation Z is serious about homeownership — and already saving up for itIt looks like Generation Z is coming at homeownership faster than Millennials have taken to it. Though many Millennials aren’t buying homes until their 30s, according to a new survey, more than half of Gen Zers plan to buy a home in the next five years — when they’re only 24 to 28.
Real Estate NewsApril 16, 2019A drop in home prices? Here’s where it’s most likelyIf you’re holding out hope that home prices will start to decline, you might be in luck. According to new data, the chance of dropping prices is up — especially in the high-cost markets on the West Coast.
Real Estate NewsApril 15, 2019Living near a marijuana dispensary could mean higher home values, study showsWant a home that improves in value? Then you might want to buy near a legal marijuana dispensary. According to new data, dispensaries can boost home values by $22,000 or more.