In 2002, brothers Kelly and Chris Edwards bought their first house in Raleigh, North Carolina. They were both in their 20s at the time and had both noticed a trend that the people with the hihest net worth owned real estate. They bought the house for $88,000 and in the next years bought another four or five properties. Today, they own [...]
A new home is a huge investment that stands to appreciate significantly if you invest wisely. By avoiding the following five mistakes you can turn your home into a major asset instead of a draining [...]
The number of homeowners' associations is on the rise nationwide. 59 percent of newly constructed homes in 2014 were part of a homeowner's association, according to the US Census Bureau. That's a 46 percent increase since [...]
If you think your beloved house is 150% covered by your insurance you're going to be severly disappointed. There are probably some pretty big holes in your coverage. Two of the most common doozies are flooding and earthquakes - and just because youre not looking to settle down in San Francisco or another high-risk area doesn't mean you're [...]
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On the border of Waltham and the bank of the Charles River sits Auburndale. "The Reverend Charles du Maresque Pigeon, grandson of an illustrious eighteenth century local, is credited for persuading the railroad to introduce a flag stop on its line two miles West of West Newton. This influx of traffic led to a surge in [...]
Going through the stressful escrow process is a necessity when buying a home. Once you're past it, you finally get to live in the home you've worked so hard for. But first, you have to [...]
Newton Highlands' railroad station was constructed before the town was even built. This was back when the Charles River Railroad was extended through Newton in 1852. The primary purpose of the track was to carry gravel from Needham to fill the Back Bay. This lasted until the early 1870s when the railbed was [...]
Condos are appreciating faster than single-family homes accross the US. This is especially prominent in areas with thriving job markets and ongoing urban renewal. Condo are appreciating at a rate of 5.1 percent compared to the 3.7 percent appreciation for single family [...]
There were a total of 327,258 foreclosure filings in the third quarter of 2015 according to a recent report.
The annual increase in the third quarter was the second consecutive quarter where US foreclosure activity rose on a year-over-year basis following 19 consecutive quarters of year-over-year [...]
Buying your first home is a very exciting endevor. Among the many decisions you'll have to make is whether you will buy a house that's move in ready or one that needs a little work. Many people opt for fixer-uppers because of the lower cost but they can end up costing you more in the long run. Here are some things to consider when making [...]
Buying a house in your 20s. Many people see it as an impossible feat. However, its not as far out of reach as you might think. However, before you jump into anything it's important to consider all your options. So, here's a list of steps you should run through before you make that down payment.
Non-traditional forms of financing new single-family home purchases remained high in 2014, but the use and mix differed significantly across the country, according to NAHB analysis of a recent Census Bureau Survey of Construction (SOC) data. In the West North Central division, only 21 percent of new homes in 2014 were attained using [...]
"Buying a home in fall and winter months will ensure you get the best deal." This is a phrase that anyone who has bought a home is probably familiar with.
RealtyTrac set out to test the validity of this statement and here's what they found.
The study analyzed over 32 million sales of single-family homes [...]
The Top 4 Reasons to Buy a Home in the Fall
As the leaves begin to change and temperatures start to drop, the reality that summer is over becomes an unavoidable fact. Fall is here and with the change in seasons comes a change in the real estate market. The summer market was characterized by escalating home prices and limited supply. With [...]