News

Student loan debt has racked up a collective $1.5 trillion bill for 44 million Americans, and its crushing people’s homeownership dreams. According to a recent survey by NeighborWorks America, people with student loans are delaying purchasing a home, with many worried about their debt most or all of the time.

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National residential and commercial mortgage services company LRES promoted Ann Song, also a winner of the HousingWire 2018 Women of Influence award, to senior vice president of operations.

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Cloudvirga launched a new mobile mortgage point-of-sales solution for loan originators and homebuyers in the purchase mortgage market. The Mobile POS is backed by the same tech that runs the Enterprise POS, which won Cloudvirga a HousingWire Tech100 award.

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Many older Americans haven't put enough cash aside to support themselves in retirement, and that's why homeownership investment companies are popping up around the country, offering homeowners ways to access their home equity to make ends meet. New York-based NestEgg seeks to do just that with its "sell to stay" program, which hooks homeowners up with an investor, who will buy the house but let them stay there.

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After taking an absolute beating this year, the refinance market just got its first ray of sunshine in 2018. According to Ellie Mae’s Origination Insight Report, the percentage of refinances closed went up for the first time in 2018 in August.

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Housing starts increased 9.2% in August, according to the latest report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. First American Chief Economist Mark Fleming said the continued year-over-year growth in completions means more homes.

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With rents continuing to rise with little sign of slowing, multifamily real estate in the U.S. is beginning to draw some serious international investor interest, as one of Asia’s largest real estate companies is planning a U.S. invasion of its own. Singapore’s CapitaLand announced Tuesday that it is entering the U.S. multifamily market with an $835 million acquisition of 16 apartment communities in Seattle, Portland, Los Angeles, and Denver.

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New tariffs against China could add $1 billion in costs to goods involved with housing construction. According to CNBC’s Realty Check, the NAHB estimates that of the 6,000 goods under the umbrella of the latest round of tariffs, roughly 600 products, representing $10 billion in goods, are related to the construction of new apartments and homes.

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The Federal Trade Commission shut down a series of real estate websites that allegedly targeted Section 8 voucher recipients and falsely promised “exclusive” access to rental listings in exchange for a monthly or weekly subscription fee.

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As mellohome CEO Chris Heller recently noted, there’s a race afoot to be the dominant player offering a true one-stop-shop for homebuying. There appears to be a similar sprint happening on the rental side of the business as well. Case in point, rental listings site Zumper is preparing to roll out its own end-to-end platform that will allow renters to instantly rent an apartment or a home through its site.

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HGTV Designer Leanne Ford Simplifies Finding the Perfect White Paint with PPG
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Study Says Buying a Home is Cheaper Than Renting
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Chimney Liners: Does Your Home Have One - Do You Even Need One?
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How to Stay Safe—and Safeguard Your Home—in a Flood
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Seize the Savings: What to Buy in September and October
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5 Mistakes Home Sellers Make
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5 Ways Moving Improves Your Happiness
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Renovating your home? Why not make it a family affair, getting the kids involved in projects that can make them feel included and proud of their work.

Not every job is gong to be right for your kids.

But there are several tasks they can do with supervision, and a few they might be able to handle on their own, depending on their age and maturity level.

The first step is to properly explain the tasks at hand and identify any risks.

"Parents really need to talk to their kids who are old enough to understand and lay down ground rules for the renovation," says Eric Phillips, vice president and general manager at DreamMaker Bath and Kitchen of the Triangle in Apex, NC on Bob Vila.

"And once the rules are there, parents really have to have the discipline to enforce those rules with their kids."

Feeling good about their ability to help? Go renovate something together!


Kukun

Cleaning and chucking

Before any renovation can start, you'll probably have some cleaning out to do. The traditional three-pile method of "keep, sell, donate" can work well for kids. Telling them they can keep whatever they make on the sale of their old things usually inspires a job well done.

Painting the walls

Your kids have probably been painting since before they could speak. With their fingers, anyway. They probably haven't lost the love of covering surfaces in pretty colors, so set them up with a paintbrush and let them go! You'll want to give them a basic tutorial that illustrates how to best get paint on the desired surface without dribbles. And don't forget to prepare the area with heavy-duty dropcloths, tape up baseboards, and move furniture and furnishings out of the way so they don't accidentally get splattered.


teal & lime

Sanding

Use caution with electric sanders, or any power tool for that matter, when your kids are involved. But sandpaper or sanding sticks and a surface that needs to be stripped down could be a good way to bring some kids in on a renovation. You'll need to make sure they have a dust mask, eye protection, and a well-ventilated area. Sandpaper in tender hands might cause abrasions, so make sure there are gloves as well.

Creating new art

You probably already have a stack of your kids' art showcased or stashed in your home. But directing them to create something new specifically for a showcase wall or tabletop is a great way to involve them in your renovation without worrying about them getting hurt. Choosing colors and materials together at an art store and show them ahead of time where their art is going to be displayed can get them excited about this new project—and maybe make them feel better about the fact that they don't get to handle the nail gun.

Backsplash

Doing your own kitchen backsplash is a relatively easy DIY project you can do over the weekend and have a little fun at the same time. If you're doing mosaics on a sheet, kids as young as five or six should be able to help place them and even help adhere them to the wall and apply/clean up the grout.

Pulling up carpet

Kids who love to dismantle stuff (read: all kids) will love being able to help roll up carpet for removal. The box knife needed to slice it up is probably not the best tool to put in a kid's hands, but taking up the tack strip? A handy child can use a pry bar and rubber mallet to handle this task. Just take proper precautions with gloves, eye protectors and the like. Those nails can be nasty.


Chasa

Laying wood floors

Kids can be helpful gluing and placing wood planks and might even enjoy the process. Can you leave your five-year-old alone to handle the job? Probably not. But working side-by-side with your children laying out the wood pieces will make you all feel good every time you take a step.

Wallpaper removal

The tedious peeling away of old wallpaper might be the perfect task for your kids. Even if they don't finish the job, any wallpaper you don't have to peel off yourself is a bonus. Trust us.

Other demolition

An invitation to break stuff? Oh yeah! Just remember to take all safety precautions (goggles, closed-toe shoes, and gloves if needed) and make sure the demo is appropriate for the age group (i.e. you might not want to leave your five-year-old alone with a power saw.).

Gardening

If your renovation includes an outdoor element, you're in luck! Kids love to get dirty. Depending on the age and inclination of your child(ren), a bag of soil and a shovel might be considered a good time!

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7 Home Items That Will Absolutely Make Your Life Easier
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The paint company Behr has named its top pick for 2019's Color of the Year. See the trending color in home design.

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By Audra Slinkey, Home Staging Resource A lot of real estate agents are looking for a good, reliable home stager that can magically transform their listings into the price point their seller is hoping to achieve.  The trouble and confusion sometimes comes when the real estate professional asks a few home stagers to “bid” or […]

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The following are some examples of rooms that were “styled to sell” by meeting targeted buyer’s specific needs.

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Justin Riordan with the Spade and Archer Design Agency offers up three tips in how he staged this former fixer upper.

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Savvy real estate professionals are using many new tools to help their listings gain an advantage and sell faster--including virtual staging. View the possibilities.

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Asbestos is only considered dangerous when contaminated materials have been worn down or damaged, which is a standard part of most renovation or remodeling work.

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Furniture is getting curvier this year. Rounded options are pushing out the sharp-edge designs.

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To make a bigger statement with a ceiling, some designers are turning to wallpaper. It also might be the answer to modernizing that dreaded popcorn ceiling in your listing.

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What’s your state’s favorite home accessory—centerpiece bowls, trays, throw blankets, vases, or more? Take a look at this chart from a survey conducted by Next Day Blinds to find out.

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Home buyers love kitchen islands. Make it the showpiece of your kitchen.

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More spiders will likely weave their webs inside homes this fall. Here’s how you can get rid of them.

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The latest round of tariffs “could have major ramifications for the housing industry,” the builders’ trade group warns.

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Real estate professionals in the Carolinas put their businesses on hold to help communities get back on their feet after Hurricane Florence.

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NAR’s 2018 Technology Survey reveals real estate professionals’ gadgetry habits, as well as the most popular tools being used right now in the field.

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New findings counter what the public has long assumed about mobile homes.

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Buyers are “upping the ante” when it comes to putting more money down on a home purchase.

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Realtor.com® teamed up with Money to identify what it calls the best towns to reside, based on several economic and housing factors.

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These exclusive tips during CRS Week will help you distinguish yourself from the competition.

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Capital cities tend to have the strongest economies in their respective states, as well as a rich history and broader cultural offerings, according to a new study.

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Users have six months to switch either to the Gmail app or another email client.

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