Real Estate News - Page 20

If you’re debating whether to rent or buy, look to your local price-to-rent ratio for guidance. A recent analysis revealed which of the nation's housing markets boast the lowest ratios — thus favoring buying over renting — as well as the spots where renting might be more affordable in the long run.

More than a third of high net worth individuals think real estate is the most obvious sign of wealth. But what exactly are these buyers looking for in their properties? A new study breaks it down.

Americans might have more home equity than ever before, but most aren’t tapping it to fund renovations. For those costs? Many homeowners are turning to credit cards instead, spending more than $141 billion on home improvement costs just last year.

It’s no secret that crippling student loan debt keeps many Millennials from buying a home. But according to new data, Millennials with student loan debt aren’t just less likely to own a home. When they do buy? They face more expensive mortgage loans and lower home values, too.

Ready to buy a home but not sure where to put down roots? If starting a family’s on your radar, you might want to head to Moscow — Moscow, Idaho, that is. The city was recently ranked the No. 1 small town to raise a family in.

It’s no secret that rents are rising. But for residents in hot vacation spots? Rent prices are growing even more. In fact, in hotspots like Orlando rents jumped upwards of 6 percent over last year.

Atlanta, Dallas and Houston are some of the fastest-growing metros in the nation. And according to new data, they’re also some of the most affordable in terms of housing.

"What's my house worth?" With today's rising property values, your hous may be worth more than you think. Here's how to find out.

Millennials are serious about homeownership. In fact, according to a new report, the Millennial cohort values owning a home over nearly every other milestone — including getting married, having children and traveling.

It’s a good time to be an American homeowner. Not only has home equity topped $6 trillion, but foreclosures have now dropped to 0.5 percent — their lowest point in more than a decade.

On the hunt for a luxury home? Then you might want to act fast. According to new data, luxury home prices are climbing — in some places at double-digit rates.

Want lots of housing options? Then avoid Sacramento or Charlotte. According to new data, they’ve experienced the biggest housing inventory crunch in the nation. In facts, listings in both cities have dropped more than 50 percent in the last three years.

If you’re not marketing your home to Millennials, then you’re missing out. Data shows that by the end of 2018, Millennials are expected to account for a whopping 43 percent of new mortgages — meaning nearly half of all home sales.

On the hunt for a home? You now have the most options since 2013. According to a new report, the number of new listings was up 8 percent last month — its highest uptick in more than five years.

Millennials looking for good job prospects and affordable housing should head South. According to a new ranking of the best cities for Millennial homebuyers, four of the top five spots are located in the Southern half of the country.

Though the recent 0.1 percent dip in national rents may seem like a reason for optimism, it turns out things are pretty bad for today’s renters. In fact, according to new data, nearly half of all U.S. renters are cost-burdened, spending more than 30 percent of their monthly income on rent.

So much for Southern hospitality. When it comes to annoying neighbors, the Lone Star State apparently has a lot of them. According to a new survey, Dallas, Austin and Houston are all in the top 10 for most annoying neighbors in the nation.

It seems the longstanding shortage of housing inventory may be on its way out — particularly in some of America’s higher-priced markets. In fact, according to new data from Trulia, some of the nation’s most expensive markets have actually seen the highest jump in listings over the last year.

Star and legend Cher, whose life is about to be spotlighted in a Broadway musical, once owned this 14-acre Beverly Hills estate. It's for sale: $68 million.

Home buyers have a lot to celebrate. Not only was home price growth at its lowest point in four years last month, but inventory crunches are starting to let up, too. Add in that more than 25 percent of sellers dropped their home’s listing price in August, and it seems we might have a buyer’s market sooner than many expected.