Interest rates have increased, but they are still at historic lows. Homeowners that purchased years ago with 6% and 9% interest rates should consider refinancing right now. Rents continue to rise, and now is a great time to invest in a home.
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In 2016, 36.6 percent of household heads rented their home, close to the 1965 number of 37 percent, according to a new report by the Pew Research Center based on data from the Census Bureau. The total number of U.S. households grew by 7.6 million over the past decade, Pew reported. However, the number of households headed by owners remained relatively flat, while households headed by renters grew by nearly 10 percent during the same time period.
US homes are now more valuable than ever. A home is only worth what someone is willing to pay for it, and that tab just hit its highest level in history. The median value of all homes in the United States in June surpassed $200,000, according [...]
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With the rise of Airbnb, there has been a rise of short-term rentals in all parts of the country, and in neighborhoods.
Constructing a basement bathroom can be and expensive ordeal, here are a few tips that can help make it more affordable. Save money on plumbing, fixtures, hardware and more when you plan ahead and shop savvy.
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Cultivating one’s yard is a delicate balance that can be easily thrown into chaos and devastated. There are five common ways the yard is threatened by devastation ignoring harmful tree and plant varieties, neglecting pest control, poor planing, excess mulch or gravel, and overcommitting.
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Energy costs are high, and there is an alternative energy source that can be exploited to reduce energy costs, and eventually pay for itself. The alternative is solar energy, and it could be more beneficial in some states and cities because they offer subsidies and tax incentives to upgrade the home to solar power.
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New data from realtor.com shows there was 11 percent few homes on the market than last year.
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Existing-home sales have bloomed after the April showers, with the median days on the market at a new low and the median sales prices at a new high.
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Mortgage rates on average are down this week.
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How does one know if they are getting the best deal on a luxury home? The luxury home market isn’t as straightforward of a process as one might think. Variables such as privacy, sports features, and great views appear that make it hard to pin down an exact market value. There are guidelines to ensure that one can get a fair price on a luxury home.
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Existing-home sales took a bit of a fall in April because of a virtually absent supply. Sales totaled 5.57 million a 2.3 percent decrease from March, but increased 1.6 percent from last [...]
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Overlooked expenses of selling a home
Home sellers spend on average $15,190 on common expenses associated with placing a home on the market; some of those costs include home improvements and closing costs according to a recent analysis by [...]
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‘Green’ living is easy for everyone to do, here are seven ways to make your home more eco-friendly.
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