Aspiring first-time homebuyers may not want to give up on that competitive house hunt: In many markets, they could save money by owning. Buying a starter home is more affordable than renting in nearly half of the largest U.S. metros, according to a new study released by realtor.com®. The U.S. median rental price has climbed […]
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Why 2021 Is Still the Year To Sell Your House
If you are trying to decide whether to sell your home, now is the time to seriously consider moving.Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good time to sell is higher now than it was over the past few summersWhy is sellers sentiment up year-over-year?The […]
Chicago landlord buys Las Vegas apartment as rents rise rapidly
A Chicago real estate company acquired two apartment buildings in Las Vegas, as homeowners’ purchases rebounded from last year’s downturn and rents rose rapidly.Waterton announced last week that it had acquired Ely in Centennial Hills and Pointe in Northwest Valley. Both have 312 units and are adjacent on Sky Pointe Drive south of the US […]
Las Vegas home builders raise prices again
Las Vegas home hunters paid a record for new homes last month as developers continued to raise prices and cheap money continued to drive the market.The median closing price for new homes in southern Nevada was $ 419,951 in July, up 13.1% from the previous year, according to a new report from Las Vegas-based Home […]
Parents buy properties in their children’s college towns
Homeownership may offer more long-term benefits to students than a dormitory, so parents help their students buy a house in the city. Real estate experts told Bankrate.com they see this long-standing trend developing.Buying a home for their older children while in school can cut costs and be a sound investment.Jeffrey Decatur, a real estate professional […]
What To Do with Your Vacation Home as Summer Ends
With the end of summer, is it time to think about selling your vacation home? Based on recent data and expert opinions, this is something you may want to considerIf you took your last vacation this summer, here are the reasons why you should consider selling your vacation home this year.1. Remote work continues to […]
Promising buyers welcome increased inventory
More and more houses are entering the market and buyers are eager to buy them.The National Association of REALTORS® reported on Monday that existing home sales (including single-family homes, townhouses, apartments, and cooperatives) in July increased by 2% compared to June. The seasonally adjusted annual rate is 5.99 million sets. Sales increased by 1.5% compared […]
Mortgage Giant to Accept Bitcoin Payments Soon
United Wholesale Mortgage, the second-largest mortgage lender in the United States, announced that it will accept cryptocurrencies for home loans before the end of this year. UWM hopes to be the first lender in the national mortgage industry to do so. “We have assessed viability and look forward to becoming the first mortgage company in […]
Research Finds Eviction Moratoriums Costly for Nevada’s Homeowners and Economy
The state and federal suspension of eviction orders is a life-saving straw for cashless Nevadas, but a study released on Thursday found that these protective measures have hit Nevada’s economy and its homeowners.According to a report by RCG Economics for Nevada Realtors and the Nevada Condominium Association, the economic activity generated by the residential leasing […]
What do the experts think about mortgage interest rates today?
Mortgage interest rates are hovering near record lows, which is good news for homebuyers today.Generally speaking, when rates are low, you can afford more homes for your money. That’s why experts across the industry agree – today’s low rates present buyers with an incredible opportunity. Here’s what they have to say:Sam Khater, Chief Economist at […]
