Where Performance Outsells Promises
Despite a strong market, American families are facing unaffordable housing, Fannie Mae CEO Timothy Mayopoulos told FOX Business on Tuesday. “The greatest challenge in housing now is not home price appreciation but really affordability for families,” Mayopoulos told Dagen McDowell during an exclusive interview on “Mornings with Maria.” The government-sponsored enterprise, … Continue reading...
U.S. housing affordability is at its worst level in decades and is only expected to deteriorate further over the course of the year. In the first quarter of 2018, affordability worsened by 5% as the cost of having a mortgage rose, according to a report from Arch Mortgage Insurance. The picture is only going to get worse through the remainder of the year, which is headed for … Continue reading...
Bathrooms have overtaken kitchens as the most popular remodeling project, according to a newly released survey by the National Association of Home Builders. "Small-scale renovations are slowly becoming just as popular as large-scale projects, as seen with bathroom remodeling becoming more common than kitchens," says 2018 NAHB Remodelers Chair Joanne Theunissen. "Home owners … Continue reading...
The world has changed and renting has changed right along with it. Renting has long been the traditional first-step toward home ownership and, in later life, a lifestyle-simplifying option for long-term property owners intent on liberating equity. The latest Report by The Pew Charitable Trusts reveals that the lingering legacy of the 2007-09 Great Recession is more … Continue reading...
Closing, or settlement, costs are expenses over and above the price of the property. Where you are dealing with real estate in Charlotte or anywhere else, both the buyer and seller incur some of these expenses when transferring ownership of a property. Who actually pays, however, often depends on local custom and what the buyer or seller negotiates. Closing costs normally … Continue reading...
Home prices are starting to top out, with appreciation decelerating as the market moves toward a peak, according to the Buy vs. Rent Index published by Florida Atlantic University (FAU) and Florida International University (FIU). “Housing markets are slowing, suggesting that we are nearing a peak in housing markets around the U.S.—but this is good news, as we are pulling … Continue reading...
Before you put your home up for sale with this we buy houses company, and do twitter marketing, understand how the right comparable sales help you and your agent find the perfect price. How much can you sell your home for? Probably about as much as the neighbors got, as long as the neighbors sold their house in recent memory and their home was just like your … Continue reading...
As February begins to wind down to a close, it is time to take a look at home sales for the month – and it seems as if we are seeing more of the same. Throughout the month of January, home sales had gone down 7.8% and February isn’t looking much better. The sales for U.S. single-family homes have fallen for the second month in a row. The Commerce Department has determined that … Continue reading...
One of the four-letter words no one wants to hear is mold, especially when you are considering using a "we buy houses" company to sell your home for the best value.—this is especially true for those involved in a house sale. It’s a problem that can put a screeching halt to any potential sale and could cause heartache on both sides of a transaction. The problem is most people … Continue reading...
If you're switching jobs or plan to in the near future, you might want to know how that impacts your ability to buy a house. After all, purchasing a home is a lengthy, stressful process once you tally up the time for mortgage approval and pounding the payment to find a home. If you're in the middle of considering a job change, your company has transferred you to a new area … Continue reading...
