Real Estate News - Page 14

It’s getting harder and harder to be a renter, it seems. According to new data, rents are now up in 92 percent of the country’s largest cities.

A new study from Georgia State University examined serial eviction filings and revealed patterns in landlord behavior reminiscent of the subprime mortgage crisis a decade ago, suggesting that the mounting eviction crisis may be the newest American housing crisis.

With the median home price hitting $300,000 for the first time ever last week, choosing your location wisely has never been so important when buying a house. Fortunately, according to new data, there are still a few U.S. locales where home prices are affordable — or even dropping.

Agents and homebuyers looking to speed up the overall homebuying process are in luck. Thanks to a newly launched platform, making an offer on a house — and even negotiating counteroffers — is as simple as the click of a button.

A decade ago, “modern farmhouse” might have described a newly built house on a farm. Today, these simple, cozy homes appeal to nostalgia for simpler, lower-tech lifestyles.

Down payments, closing costs and homeowner’s insurance — these are all costs homebuyers need to prep for when purchasing a house. But what about other things like maintenance and home improvement? New data reveals just how much homeowners are spending on these costs — and how much new buyers should budget for.

Profit margins are up for single-family property investors. In fact, according to new data, some counties have seen rental profits jump as much as 29 percent in just the last year.

Home inspections can provide key insights when buying a house. And according to new data, it could also save serious cash, too. In fact, the average inspection reveals more than $11,000 in potential repairs.

The strong seller’s market of 2018 might be gone, but that doesn’t mean there aren’t ways for home sellers to maximize their potential profits. According to new data, listing a home on the right day of the week can mean $3,000 or more in added earnings — not to mention a faster sale on the whole.

New data show that prices are falling in several markets. Smart shoppers who can afford to buy should take advantage of all these factors and claim a home sooner versus later.

Want to get more for your house? Install smart home technology. According to a new study, 65 percent of homebuyers are willing to pay more for properties equipped with smart technology.

New data shows that Tampa, Florida, offers low-income homebuyers the best shot at buying a house. The Southern city claims the nation’s smallest gap in homeownership between low-income families and the general population.

Americans are moving less than ever. And when they do pack up and leave? According to new data, most are staying in the area, with 55 percent moving less than 50 miles away.

Decreasing mortgage rates, rising wages and a finally improving supply of inventory all spell good news for the housing market. In fact, according to one expert, “a stronger than expected” spring homebuying season is ahead.

Home bidding wars happen when two or more buyers compete for the same property but research indicates that home bidding wars happen much less often nowadays. This is good news for would-be buyers.

No money for a down payment? That might not be a problem. According to a new analysis, the majority of recent Millennial and Generation X homebuyers pay either no down payment or down payments of less than 10 percent when purchasing their home.

A new townhouse can be an amazing value for first-time home buyers who want the privacy of a single-family home, but—as a first-time home buyer—can’t afford the price.

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.

Easily customized and designed to reduce energy and maintenance costs, modern homes are a popular choice for Millennial home buyers.

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.