Report: Parents face greater difficulty in finding a home to buy



With school letting out for summer, the scramble is on for many families seeking to buy their first home or move into a larger one before the bell rings again in September. Shopping for and buying a home is a daunting process for anyone, but new Zillow research shows that for parents the stresses are […]

The average buyer spends 124 hours searching for a home, survey finds



People are taking longer to decide on a home to buy, and many will view their short-listed properties more than once before making an offer, according to a new survey. Zolo, a Canadian real estate firm, said its survey of almost 2,000 recent home buyers that the average person spent around 124 hours, or just […]

Ohio Bill Would Create Credit Protection Type Laws for Land Contracts



A land contract provides a rent-to-own structure which enables someone to purchase real estate with little to no cash down payment.  Called contracts for deed or land installment contracts in some states, land contracts require the buyer to make monthly payments towards purchase of the real estate to the seller. Part of each month’s payments […]

Homeowners Beware! Know the Hidden Costs of Homeownership



Homeowners often find out that being one comes with a lot of responsibilities, especially financial ones. Any property, whether new or old, requires you to spend on repairs and maintenance every year. Experts estimate that your home will cost you between 2 to 4% of your total home value every year in maintenance costs. For instance, […]

Zillow: ‘Gayborhood’ homes come at a premium



In most major cities in the United States, homes in gayborhoods are worth more than the typical home – in some cases several times more. To identify gayborhoods across the country ahead of Pride Month, Zillow analyzed data from the American Community Survey to find which neighborhoods have the highest share of same-sex couple households […]

Best Home Buying Advice for May



Planning on buying a home this summer? Start with some great advice! Whether it’s previous buyers, buyer’s agents, or investors, trust those that have gone before to get some good ideas before buying. 10 Simple Ways to Make Home Buying More Affordable – Getting your finances together, looking at homes then pulling the trigger all […]

Redfin says we’ll see less bidding wars this year



Bidding wars are unlikely to be as commonplace this year as they face less competition due to growing inventories in many markets, according to a new Redfin analysis. In April, just 15% of offers faced competing bids, Redfin said. That’s down 60% from a year ago, it added. The reduced competition is even being felt […]

The Best and Worst Ways to Shop for a New Home



Buying a home is an exciting venture, but many people embark on this venture with little knowledge about how to conduct their search efficiently. There are plenty of valuable resources online that can aid you in the search, but there are also plenty of sources that may mislead you. If you’re in the market for […]

Contrary to popular opinion, most baby boomers aren’t looking to downsize



The common perception that retirees are thinking of downsizing and moving to urban areas might be a myth. Instead, most baby boomers actually have similar ideas to millennials and Generation Xers, a new study has found. The survey by Del Webb, a builder of active-adult communities owned by the Atlanta-based PulteGroup, found that most homeowners […]

Should I Pay for an Additional Inspection?



We’ve talked about the importance of the home inspection in general but what if your inspector suggests an additional or extended inspection? This can often happen if there are questions about the roof integrity, sewer or septic system, foundation, pest or termite control, or any extensive inspection that a general inspector may not be able […]