News & Media By Melissa Dittmann Tracey CHICAGO — Real estate professionals say they often recommend potential sellers prioritize two house projects before they sell: Painting, whether it’s the entire home or at least one interior room, and making sure the roof is up to par. Such projects can make a difference in marketing […]
WASHINGTON — With the increased use of digital tools, the mortgage process looks quite different today than it did for previous generations. These new technologies can make the home loan process more efficient for both those buying a home and those refinancing their mortgage. However, it’s important to understand how your information is being […]
FORT LAUDERDALE, Fla. — Question: I am buying a vacation home with one of my children, and we will take turns using it and split the cost and expenses. We want to make sure that if something happens to me, she does not have to split the house with her siblings, whom I made […]
NEW YORK — Four in five homeowners see their home as an extension of themselves, according to new research. The survey of 2,000 American homeowners explored respondents’ attachments to their homes, and the results revealed that 78% see their homes as a part of themselves. Millennial homeowners were the most likely to agree with […]
WASHINGTON — U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner recently announced the Federal Housing Administration (FHA) is extending by an additional 90 days its existing foreclosure moratoriums on FHA-insured single-family mortgages in the Presidentially-Declared Major Disaster Areas (PDMDAs) resulting from Hurricanes Helene and Milton. The extensions provide more time for […]
News & Media NEW YORK — Real estate professionals often rely on generic listings, stale ads and other traditional marketing strategies to cultivate leads they will try to convert. Buyers and sellers, however, now expect instant engagement and personalized communications. Embracing advanced marketing strategies can provide real estate teams with a competitive edge in […]
News & Media By Amy Connolly ORLANDO, Fla. — Homebuyers looking to customize their space and incorporate modern features are turning to new construction homes but may not know where to start. Realtors can help guide these buyers through the process, from finding the right plot of land to understanding the steps to bringing […]
News & Media By Alex Veiga WASHINGTON – The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring homebuying season. The rate rose to 6.83% from 6.62% last week, mortgage buyer Freddie Mac said Thursday. […]
NEW YORK — “How much can I afford to pay for a house?” It’s a question all hopeful homebuyers ask themselves. Coming up with a monthly payment that works for you might be easy – simply subtract your monthly expenses from your gross monthly income. Unfortunately, that number might not align with the amount […]
News & Media WASHINGTON — Following national home price growth of 5.8% in 2024, a panel of more than 100 housing experts forecasts home price growth to average 3.4% in 2025 and 3.3% in 2026, according to the Q1 2025 Fannie Mae Home Price Expectations Survey (HPES), produced in partnership with Pulsenomics, LLC. The […]
News & Media NEW YORK — Realtor.com found that in 2024’s fourth quarter, the total value of private real estate reached $48.1 trillion, a 7% increase from the previous year and nearly double the value since 2016, according to Federal Reserve data. Homeowner equity reached $34.7 trillion by the end of last year, a […]
WASHINGTON — Constrained housing affordability conditions due to elevated interest rates, rising construction costs and labor shortages led to a reduction in housing production in March. Overall housing starts decreased 11.4% in March to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. Department of Housing and […]