Real Estate News - Page 18

American homebuyers are flocking toward warmer climates. According to a new study, U.S. residents are increasingly leaving colder states, instead buying homes in places like Florida, Texas and California.

Can’t decide where to put down roots? If you’re looking for a safe spot to avoid natural disasters, identity theft or burglary, you might want to buy a home in Columbia, Maryland. The city was just named the country’s safest place in America.

Homeowners have seen serious gains in equity this year. According to the latest data, the average owner saw their home equity jump 9.4 percent since 2018 — an aggregate increase of $775.2 billion across the nation.

Homeowners are planning to spend big this holiday season — but not just on gifts. According to a new survey, a whopping third of homeowners are planning home improvements this season, opting to spend 10 times what most Americans have allotted for gifts.

It turns out Millennials aren’t as bad with money as most assume. In fact, according to a new report from Bank of America, the Millennial generation is actually just as good — if not better — at managing their money than past cohorts were.

Natural disasters are on the rise — and according to a new survey, homeowners are woefully underprepared. Few have flood insurance, most don’t have generators and even fewer have a safe room or shelter in case of emergency.

Digitization is on the rise across the real estate industry. According to a new survey of experts, homebuyers will likely encounter chatbots, eclosing processes, digital notaries and online communication portals as we head into 2019.

Where are the nation’s oldest and youngest homeowners? According to a new analysis, older homebuyers flock to warmer climes in Florida, Arizona and Hawaii. Younger ones? You’ll find them in Utah, Iowa and Texas.

Want help paying down that mortgage loan? Just ask your parents. According to a new study, most U.S. parents would give their children nearly $6,000 to pay down debts — without expecting any sort of repayment at all.

Home prices are still rising, but according to the latest data, they’ve hit their slowest growth rate since January 2017. Sixteen of the top 20 markets are also seeing slower price gains.

There’s yet another reason for home buyers to celebrate. According to new data, the number of sight unseen offers has dropped significantly — indicating less competition and easing inventory pains in many markets.

Millennial homebuyers are big on fixer-uppers. But what exactly are the projects they’re gravitating toward? According to a new report, closet overhauls, craft rooms and landscaping projects are among the tops.

It seems Americans are taking the country’s housing woes into their own hands. With construction down and inventory still low, new data shows homeowners are investing more in remodeling and building accessory dwelling units to make up for it.

Really looking to save cash on your home purchase? Then close on your loan in December. According to new data, that’s when buyers see the biggest discounts off market value.

It pays to have a great credit score — especially if you’re buying or refinancing a home. According to new data, buyers with premium credit scores save more than $30,000 over the life of their loan compared to those with scores on the lower end of the spectrum.

Seeing the word “bargain” in a listing doesn’t make it true. In fact, according to a new analysis, in more than a third of the nation’s largest housing markets, most “bargain” home listings offer little or no savings at all.

Thinking of renovating in 2019? You might want to add a few basic safety features to your tick list. According to a new study, a large number of homeowners are woefully underprepared for emergencies — especially house fires. 

What do the experts say we can expect from real estate in 2019?

Million-dollar homes are on the rise. According to new data, over 100 new neighborhoods joined the $1 million housing market this year, and in one city? Million-dollar houses now make up 81 percent of all housing in the area.