Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared…
One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, …
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in [...]
The home of singer and actress Jennifer Lopez has gone ON SALE for a market price of $42.5 million. This countryside-inspired 1940 8-acre home has everything you are looking for.
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Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press …
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in-depth, let’s lean on the experts and what history tells us to see what could lie …
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features...
Having seen a price reduction of eight million dollars, the Chateau-esque Los Angeles mansion of actor and former funky bunch ringleader Mark Wahlberg is now tagged at $79.5 million.
Chateau Wahlberg has a big footprint to match its limestone pretentions; with 30,500 sq. ft. of interiors and 6.14 acres’ worth of grounds, its size is impressive even for its Beverly Park location. The property was initially listed in April of this year. Wahlberg had it custom built by Los Angeles trophy home expert Richard Landry; it was completed in 2014.
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This property is a true work of art by the renowned architect Cristian Fernández Eyzaguirre. The house is split up into four levels; the main level, upper level, and two lower levels. The outdoor space has a solar heated pool, a fire pit, and a barbecue area. Most rooms have beautiful views of the sea.
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A brand new South Florida home has hit the market and it's looking for a new owner. You could be the new owner of this beautiful mansion in Davie, FL. The 5,406 sqft home has a 0.82-acre space all to itself in the heart of Davie. This estate has all the features of an entertainer's home from the wood-burning fireplace in the living room, to [...]
TV star Marcus Lemonis listed his contemporary mansion in Montecito. Lemonis, also CEO of Camping World, listed the house for sale with an asking price of $22.75 million. He renovated the property to the foundation, and had it custom-built for him. The 8,100 Sq. Ft . single-level home has five bedrooms with ensuite bathrooms, including a master with two separate bathrooms and closets. The house also has a formal living room with a loft office, open concept kitchen with modern appliances, state-of-the-art gym, and multiple casual living areas complete the architectural masterpiece. The estate's 2+ acres includes a pool and spa, a tennis court with pavilion, vegetable gardens, and a firepit.
Click here to see the full listing!
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Equity is the difference between what you owe on the home and its market value based on factors like price appreciation.
In today’s real estate market, many homeowners have far more equity in their homes than they realize due to the home price appreciation we’ve seen over the past few years.
What’s Ahead for Mortgage Rates and Home Prices?