News

Although homebuilder confidence inched forward one point to 65 in July, many builders still report rising construction costs as a major cause of concern, according to the National Association of Home Builders/Wells Fargo Housing Market Index. NAHB Chief Economist Robert Dietz said while the current low mortgage interest rate environment should be getting more buyers off the sidelines, they remain hesitant due to affordability concerns.

Read more

Digital marketplace HomeAdvisor indicates that consumer spending on home improvement projects has increased by 17% since last year. According to the company’s State of Home Spending Report, American homeowners are now spending more money on home improvements than home maintenance.

Read more

For nearly six months, the ongoing debate over buyer broker compensation has loomed large over the real estate industry, with two lawsuits taking the practice to task. Now, a third lawsuit has been filed that touches on the issue. This time, it’s a class-action suit against Realogy alleging that investors purchased securities at inflated prices because of the brokerage’s failure to disclose “anticompetitive” behavior.

Read more

As rent prices continued to climb in June, RentCafé indicates that the nation’s mid-year average rent spiked $37 from the previous year. According to the company’s Mid-Year Rent Report, the national average rent in June totaled $1,465. Not only is this a 0.8% increase from the previous month, but it is also 2.6% higher than the same period in 2018.

Read more

Now that he’s got the sneaker market thoroughly cornered, Kanye West is apparently moving on to his next project: affordable housing. A recent profile of the rapper-turned-designer revealed that West is working on designing prefabricated, low-income housing with a Star War's aesthetic, shopping the idea to investors as a potential housing solution for the homeless.

Read more

This week's mortgage tech rundown highlights the latest news in mortgage technology, featuring product updates, integrations and announcements.

Read more

In what may seem like a surprising partnership between two would-be competitors in the burgeoning iBuyer market, Opendoor and Redfin are joining forces to buy homes in Phoenix and Atlanta. The companies announced this week that homeowners in those two cities will now be able to request a direct offer for their home from Opendoor through Redfin’s website and mobile apps.

Read more

Tropical Storm Barry is now moving into the nation’s Gulf Coast, threatening the state of Louisiana with as much as 20 inches of rain. As Barry continues to slowly move along the coast, recent reports now say that the storm has the potential to land a Category 1 hurricane designation. In response to this threat, Fannie Mae and Freddie Mac are reminding servicers of mortgage assistance options available for victims of this destructive storm.

Read more

Walker & Dunlop, a commercial real estate company, recently hired Sean Williams as senior vice president and managing director of its investment sales team. In his new role as SVP, Williams will be responsible for originating multifamily property sales for the company’s institutional and private clients throughout the Tampa, Florida region.

Read more

A Rhode Island woman who operated a property preservation and field services business admitted in court this week that she used that business to defraud dozens of individuals out of millions of dollars by operating what amounted to a Ponzi scheme.

Read more

Starting with the initial decision to sell, worry is often a major issue for sellers; however, once a listing agreement is signed, sellers are no longer alone with their worries. PJ Wade explains Three Needless Worries and how real estate professionals remove stress and worry for sellers. As if there isn’t enough for sellers to worry about when they decide to sell their home, some of them needlessly worry about things that their real estate professional is responsible for. After making the decision to sell and selecting a listing broker, the associated worries–which sellers face alone–are behind them. Once the home is listed, sellers often shift to a new set of worries when really they should turn to the real estate pr...

Read more

To pool or not to pool? That’s the question a lot of us start asking ourselves this time of year. Escaping the heat, having a built-in recreation and play zone for the family…it all sounds very inviting, no? But have you ever thought about turning your backyard into a beach instead? You might now. There are a number of companies that will design and build backyard ponds for homeowners all over the country, but Zydeco Construction’s ponds go a step beyond the norm. The company, based out of southeast Louisiana, approximates the look and feel of a tropical getaway with sand all around the pond, which creates a beach-style entry, and an array of possible additions to make it even more distinctive. At present, Zydeco Cons...

Read more

Moving is a drag—there’s no way getting around it. But there are ways to make your move a whole lot easier, and it starts with packing. Here are ten moving mistakes you may be making—and how to avoid them. 1. You figure you can pack everything in a few days Begin with a plan—and start packing weeks in advance, especially if you have a lot of stuff. But before you just start piling things into boxes, spend the time up front to make an inventory of everything that needs to be either packed or tossed and break it down room by room. It will save you time down the line (and spare you a few grey hairs too). 2. You wing the whole labeling thing Think you’ll be able to remember which boxes go with each room...

Read more

For those who are eligible for a VA home loan, it’s really quite the program. It’s one of the few home loans that do not require a down payment, probably its biggest feature. But in addition to no down payment, there is no monthly mortgage insurance payment. This increases buying power. Other loan programs with a low down payment ask for monthly mortgage insurance, both for government-backed programs like FHA and USDA but also for conventional loans. Those who are eligible for a VA loan include not only veterans but also active duty personnel with at least 181 days of service, National Guard and Armed Forces Reserve members as well as unremarried, surviving spouses of those who died while serving or as a result of a service-...

Read more

The use of hidden surveillance cameras inside vacation rentals has been in the news lately. No one wants to show up to a luxury home rental and worry that they are being spied-upon. Some Airbnb hosts have even been removed from the for violating the company’s policy, and TurnKey has a very strict policy in place as well. While I understand the desire of owners to protect their properties, the importance of guest privacy is not only the law, but also common sense. Is there a solution that eases the concerns of both homeowners and guests? Having worked with thousands of owners in markets across the U.S., I believe there is a way to find this balance. There are plenty of ways vacation rental homeowners can leverage advances in securi...

Read more

A household move is never easy, no matter whether you are moving within the city or to another state. Add to this the necessity to safely relocate valuable and fragile items, and your household move can turn into a nightmare. The lack of proper organization and knowledge about the right ways of handling and packing breakables and collectibles may lead to disaster that you, however, can easily avoid if you use white glove moving services. A team of white glove movers can make any relocation a whole lot more efficient, safe, and fast-paced. However, before hiring a moving company you are interested in, take your time to do a background check. Not all white glove moving companies are the same, and not all of them can offer professional art...

Read more

Selling your home used to be as simple as vacuuming the carpet and allowing people inside on open-house day. Buyers want more out of their purchases today, however. They have a lot of choices in the marketplace. There's no reason why they should settle. If you're planning an open house, be sure to stage your home. Follow these guidelines for the best results. Declutter Now Potential buyers don't want to walk into a tiny house. This scenario is an immediate turnoff. Make the home look like it's double the size by removing clutter. Take out small appliances, stacked magazines and other items. Aside from a centerpiece, there should only be decorative items on a table or counter. Removing these items tells the buyers that you care about the...

Read more

If you have a child who’s about to go off to college for the first time, you’re probably drowning in to-do’s and to-buy’s. You may already have read 153 “dorm essentials” lists. A comforter and pillow, check. Cleaning supplies, check. Bathroom stuff, check. But there are a few things you may not have considered. Now that we've successfully made it through freshman year with our daughter, we’re sharing a few of the must-haves that made her life easier. Ultra-slim hangers Dorm closets aren’t what we’d call spacious, and you’ve got to do what you can to maximize the space. These skinny hangers take up less space than those chunky plastic guys, which means you can cram more clothes...

Read more

The costs of living in a city depend a lot on the area you live in and the town itself, but it mostly depends on the comfort level and the number of facilities that your apartment has. When browsing for a rented place, most people consider their budget before anything else, trying to fit their needs in the lowest cost possible. You may have checked out luxury apartments too, out of curiosity. They look good and all, but the price is seriously high compared to a standard apartment. You probably ended up always choosing the average apartment, because it just sounds more reasonable to pay $1,500 a month instead of $3,500. And you do not have luxurious needs; you just want comfort and convenience at a decent price. End of discussion, right?...

Read more

When selling a property with a pool, the first thing to know is that you should be prepared (and prepare your clients) for a bit of resistance from certain potential buyers. A number of people have a negative mindset when it comes to the discussion of pools, and I think this is due in part to price. A pool can be an expensive, luxury item rather than a necessity. The cost of a pool, between the routine upkeep/maintenance, repair costs, and the direct effect it will have on your home’s energy bills, are all reasons that deter buyers from exploring pool ownership, so don’t be surprised if you get some negative reactions. Safety risks are another factor that prevent buyers from signing on a home with a pool. Injuring yourself o...

Read more

Those investing in real estate are planning to increase their buying in the elderly living segment over the next 12 months, a new report shows.

Read more

The shuttering of Google+ hasn’t stopped the online giant from taking another shot at capturing the online social space.

Read more

Home buyers should be ready to face increased competition well into 2020.

Read more

“Some of what we found was surprising,” says the chief economist at Apartment List.

Read more

If you’re going to use the phrase to describe your listing, be ready for what most buyers are going to expect.

Read more

The tropical storm could bring flash floods and tornadoes to several states as it moves inland, the National Hurricane Center warns.

Read more

The check in the amount of $262,523 was caught by a real estate pro and an official at First National Bank.

Read more

Find out what other gripes consumers have about the home buying and selling process.

Read more

A three-bedroom home made of 612,000 recycled plastic soda bottles can withstand winds up to 326 miles per hour.

Read more

Purchasing real estate has become an increasingly costly endeavor over the last half-century.

Read more

We'd Like To Hear From You