Developers are catching up with the co-living trend



The trend towards co-living is growing rapidly in the U.S. as renters and homeowners realize they can afford to live in a better home by sharing the costs with housemates. Co-living refers to the idea where tenants will rent a small room within a larger home or apartment, and then share common areas such as […]

HUD to donate $47 million for grants to housing counselors



Some $47 million of funding has been earmarked by the U.S. Department of Housing and Urban Development to go towards providing housing counseling grants. The money will be used to help around one million low income households avoid foreclosure or find new housing. HUD Secretary Ben Carson announced the new funding initiative, saying that HUD-approved housing […]

Mortgage payments rise twice as fast as interest rates



Buyers’ monthly housing costs are growing rapidly as mortgage rates have risen significantly since the beginning of the year. A recent Zillow analysis found that higher rates are responsible for about two-thirds of the increase in buyers’ monthly mortgage payments compared with what those costs would have been a year ago had home values remained […]

Home Price Cuts are Already Happening



The shift is geographic and economic but there are strong indications the U.S. real estate market is shifting more in favor of buyers. According to an October 11, 2018 analysis report by Trulia, July and August data shows that the number of homes for sale that have reduced the sales price at least one time […]

What to do if You Aren’t Happy with Your Real Estate Agent



What happens if you aren’t happy with your real estate agent or broker? The answer might be in the listing agreement you signed. Other times, you may have to negotiate a change to or cancellation of the agreement. Know the Types of Real Estate Professionals First, some background. There are two types of licensed real […]

How to Make Sure You Get the Best Home Loan Possible



Finding your dream home is just one part of the home purchase process. The other part is finding a home loan that fits your needs and your budget.

Divvy Homes lands $30M in venture capital funding



Real estate startup Divvy Homes, which wants to revolutionize rent-to-own and fractional ownership, just raised $30 million from venture capitalist firm Andreessen Horowitz. San Francisco-based Divvy, which only launched earlier this year with $7 million in funding, calls itself a “fractional homeownership company.” In many ways the company seems similar to traditional rent-to-own operators, some […]

Most buyers still fail to shop around for a mortgage



A majority of home buyers could be leaving money on the table due to their failure to shop around for a mortgage. According to a new survey by PenFed Credit Union, two thirds of mortgage applications admit they did not shop around when buying a home. There’s also a great deal of confusion around mortgages, […]

San Jose residents protest plans to house teachers in schools



California’s San Jose Unified School District recently outlined plans to accomdate teachers, who cannot easily afford homes in the area, within district-owned properties that will be converted into housing units.

Suburbs are less affordable than urban areas in the largest U.S. metros, study finds



Housing affordability across the country is especially tough in the nation’s urban areas, but in the country’s largest metros it’s often the suburbs that are the least affordable.

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