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One In Two Biden Voters Want To Live In A Place Where Marijuana is Legal, One In Eight Trump Supporters Want The Same
Thursday, April 18, 2024 - 12:47pm | 465Read More...Nearly half (46.8%) of homeowners and renters nationwide who plan to cast their vote for President Joe Biden in the November 2024 election want to live in a place where recreational weed is legal, a new report from Redfin revealed. Donald Trump's supporters, on the other hand, are not too fond of...
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Most Millennials Homeowners Are Suffering Buyer's Remorse
Monday, April 22, 2019 - 3:18pm | 694Read More...If you're one of those rare millennials who made it through the home-buying process, congratulations! You probably feel a great sense of satisfaction and relief. But will you feel the same way over time? According to a recent survey from Bankrate.com, you have a decent chance of...
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American Homeowners Are On The Move
Wednesday, April 10, 2019 - 4:37pm | 996Read More...If you've been homesearching for a long time without success, you may be looking in the wrong place. According to the Census Bureau's 2017 American Housing Survey, 35% of people who had recently moved did so because they wanted a larger or higher-quality home — and that...
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Study: Early May Is The Best Time To Sell Your House
Wednesday, April 3, 2019 - 2:51pm | 933Read More...Ah, springtime. Flowers are blooming, birds are chirping and homes are selling. Are you planning to sell your home, too? According to recent research by Zillow, you should list your home during the first two weeks of May to get the most out of your home sale. On average, homes across the...
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'Liar Loans' Are On The Rise Again, Be Sure Not To Fall Into Their Trap
Friday, February 22, 2019 - 3:36pm | 764Read More...When it comes to dealing with risk, America's housing market struggles with balance. How can lenders offer affordable home mortgages for more Americans and still maintain proper safeguards? The Great Recession was driven in part by overly risky loans that were packaged as securities and sold to...
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In Today's Market, It Can Take Over 7 Years To Save For A Down Payment Alone
Monday, February 11, 2019 - 4:35pm | 684Read More...First-time homebuyers face many obstacles, but perhaps the most frustrating one is accumulating down payment money. Traditional loans require a 20 percent down payment. Using Zillow's $229,800 median home sale price for November 2018, that's over $45,000. In many urban markets, a 20...
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More Homebuyers Are Turning To Parents For Down Payment Help
Friday, February 1, 2019 - 2:24pm | 694Read More...First-time homebuyers face many challenges, but the biggest task may be coming up with a suitable down payment. Consumers in the early stages of their careers often face a fresh set of bills, and in some cases, mountains of student loan debt. A National Association of Realtors survey found...
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5 Predictions For The 2019 Housing Market
Friday, January 4, 2019 - 3:20pm | 714Read More...Is 2019 the year you finally buy that starter home? Are you upgrading or downsizing to a new home? Are you interested in how your home value is likely to change over the next year? We offer these 2019 housing market predictions to consider as you review your housing plans for the year. Inventory...
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Courts Recognize Importance Of Credit Scores, Do You?
Friday, December 21, 2018 - 3:11pm | 751Read More...How important is your credit score? It doesn't generally affect your daily life but ignoring your credit score can cause serious financial problems. Not convinced? Consider the case of Cameron v. Cameron. The New Jersey case concerns a divorce settlement where the wife would keep the home...
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Why Your Neighbors Are Tapping Their Home Equity
Thursday, November 8, 2018 - 1:54pm | 726Read More...You've accumulated a decent amount of equity in your home. Why not put your equity to use with a home equity loan or a home equity line of credit (HELOC)? Both allow you to borrow against the equity in your home. A home equity loan is a lump sum option with a fixed interest rate and payment...
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Is The Housing Market Turning? And What Does That Mean For You?
Wednesday, November 7, 2018 - 4:55pm | 994Read More...The housing market has suffered from excess demand and limited supply for years, causing a sharp increase in home prices. Add continually increasing interest rates to the mix, and eventually something has to give. The turning point may have arrived. The S&P CoreLogic Case-Shiller report shows...
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The Home Affordable Refinance Program Is Ending Again, For Real This Time
Thursday, November 1, 2018 - 2:54pm | 770Read More...Since 2009, the Home Affordable Refinance Program (HARP) has helped qualified homeowners with limited equity in their homes find affordable refinancing. After seven program extensions, HARP is scheduled to end December 31, 2018, when new assistance programs from the mortgage-loan-backing agencies...
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9 Alternatives To A Reverse Mortgage
Wednesday, October 24, 2018 - 3:44pm | 790Read More...A reverse mortgage allows you to convert the equity in your home to cash that you can use for other purposes. Essentially, you're selling your home back to a lender in increments. It's a popular method for seniors to supplement living expenses. So long as the home is maintained and...
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A New Alternative To Reverse Mortgages: What You Should Know About HELOs
Friday, August 24, 2018 - 12:48pm | 712Read More...Reverse mortgages can be a useful tool for seniors attempting to convert the equity in their home into cash for living expenses or other retirement purposes. The loan is usually paid out over time instead of as a lump sum. There are no repayments as long as the senior taking out the loan continues...
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Renters Vs. Buyers: Who Has More Money Left Over?
Thursday, August 23, 2018 - 9:41pm | 725Read More...How much discretionary income do you have left after you've paid the monthly bills? Would that change if you were a homeowner instead of a renter, or vice versa? PropertyShark and RENTCafé considered this question with a study of 52 urban areas. Using data from the Census Bureau and the...
