Real Estate News - Page 11

More buyers can take advantage of the energy savings an LEED home provides. The number of LEED-certified homes has jumped nearly 20 percent since 2017.

With rates at three-year lows, Millennials are finally hopping on the refinance bandwagon. Refis accounted for 14 percent of all Millennial loans in June.

Low mortgage rates haven’t caused an uptick in demand just yet. In fact, according to new data, only about one in 10 buyers faces a bidding war in today’s market — a steep drop from last year, when 45 percent of buyers saw competition when bidding on a house.

Want high returns on that next fix-and-flip? Then buy a house near an ALDI grocery store.

It looks like buyers aren’t sticking close to home anymore. A full quarter of homebuyers are looking to move outside their metro area.

The latest home sales data might not reflect it, but according to a new report, consumer homebuying power is almost at a record high.

According to a new study, half of undergrads with student loans plan to put off buying a house due to their student loans.

Home prices continued their cooldown, logging just a 3.4 percent annual increase in May. It marks the 14th straight month that prices have slowed.

Mortgage rates hold to low levels as the Federal Reserve cuts rates for the first time since 2008.

American mortgage debt has offficially reached a new high. According to recent data, Americans now hold more than $9 trillion in mortgage balances — up around $1 trillion from just three years ago.

Consumers are putting their money where their bed is. According to a new study, home improvement spending is up 17 percent, with the average homeowner spending more than $9,000 on home projects in just the last year.

Home prices are getting bigger, but rates are dropping. Consumers are still optimistic about buying. What should you do as a prospective home buyer?

Home prices have hit a new peak. According to new data, U.S. house prices just experienced their biggest quarterly increase in four years.

Higher degrees generally come with higher incomes, but it turns out they’re not a requirement for buying a home. In fact, according to a new analysis, a high school degree offers enough income to afford a home in nearly three-quarters of the country’s biggest cities.

Confidence in the housing market remains near an all-time high. According to new data, consumers are especially optimistic about mortgage rates and home prices.

Housing might be looking up, but that doesn’t mean today’s homebuyers have it easy — especially not first-timers. In fact, according to new data, more than half of first-time homebuyers have been searching for six months or more to find that dream house.

Nearly one in two homeowners is planning to renovate in the next two years. Though HELOCs offer a good source of funding for these projects, according to a new survey, many homeowners don’t even know what these financial products are.

The number of bidding wars just keeps slipping — but those days might be numbered. According to new data, just 12 percent of buyers faced a bidding war last month — marking a 52 percent drop from a year earlier. But will the trend continue? Experts don’t expect so.

Millennials looking to buy a house should head to Ohio. According to a new analysis, that’s where three of the nation’s 10 best cities for Millennials are located.

Consider San Francisco the spot for home-selling seniors. According to a new analysis, the average San Fran homeowner 55 and up sees their house appreciate 311 percent from the time of purchase — more than any other city in the country.