Real Estate News - Page 21

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.

Looking to buy a home in today’s competitive housing market? Thanks to a new tool from Knock.com, determining when to bid — and even how much to offer — just got a little bit easier.

2017 tax bill summary and how the latest reforms affect you.

What does the American dream home look like exactly? According to a new study, it’s a four-bedroom, 5,000-square foot house on the water. It also comes with a whopping 10 acres of land.

Want to make some extra Airbnb income? Then buy in a small or medium-sized market with lots of residents — preferably one with warmer weather. According to new data, these are your best bet for banking the big bucks on the short-term vacation rental market.

The rising rent problem isn’t getting any better. Rents rose 3 percent over the year in July, with low-end properties seeing the biggest jumps. Rent prices in Orlando, in particular, have skyrocketed in the last year.

When it comes to housing amenities, buyers are putting their money where their mouth is. In fact, according to a new study, some Americans are willing to pay $100 or more per month just to have certain features in their home or property.

If you fall in line with the findings of a recent financial literacy study, you may want to consider studying up before buying a home. According to the data, a large chunk of Americans aren’t familiar with some of the most basic financial terms — many of which play a big role in both buying and owning a home.

It looks like the suburbs are getting a serious dose of growth in the coming years. According to a new analysis, a whopping 60 percent of Generation Z prefer suburban living — and 83 percent of that cohort plans to buy a home in the next five years.

Credit definitely plays a huge role in someone’s ability to get a mortgage, but according to a new study, location does, too. In fact, in some cities, an overwhelming share of home buyers have a credit score of 649 or less.

It seems like the red-hot housing market might finally be cooling off. According to a new survey, almost half of all homeowners think home buying has gotten less competitive in the last year. Even more think the ever-pricy California and Colorado markets have slowed down.

Going digital isn’t the only way Millennials are approaching home buying differently than past generations. According to new data, they’re also eschewing the “marry first; buy a house second” tradition. In some markets, single Millennial home buyers are even outnumbering married ones by a mile.