Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

If you have spent more than a day or two looking to buy a home, it’s no surprise that your bargaining power has probably never been lower than it is now. The number one tip that you should be following is to be patient. Don’t expect to have an offer accepted on the first house […]

Armed with savings from the pandemic, young adults eye homeownership

Zillow believes that most millennials and Gen Zers are enthusiastic about the idea of owning a home and that a good number of them will look to buy one in the near future. A recent survey on the housing preferences and influences on the younger generations found that three in five are planning to use […]

How to Hire a Roofing Contractor in 5 Steps

If you’ve purchased a home knowing you’ll need to replace its roof, or you’re organizing for a new home to receive a roof, you may not know how to go about hiring a professional to carry this out. While it can be as simple as making a phone call, doing your due diligence can ensure […]

Mortgage servicers brace themselves as forbearance programs edge towards expiration

Mortgage servicers are preparing for a wave of delinquent mortgages and possible foreclosures to hit the market, but say they have already taken steps to mitigate their impact. The U.S. government made mortgage forbearance available to any home loan borrowers in the early days of the COVID-19 pandemic, and those who took up the option […]

Things to keep in mind when buying a second home

The housing market may go slow at times. However, the demand for new homes always remains at an all-time high. When you know the right way to select a property, you can reap many benefits from the housing market. Whether you are looking for a second home for vacation or simply looking for a secure place to […]

How Emotions Affect Home Buyers

According to the 2021 National Association of Realtors (NAR) Home Buyer and Seller Generational Trends Report, Millennials have made up the largest share of home buyers since 2014. Today, the percentage is broken down into Younger Millennial buyers (ages 22 to 30 years) at 14% and Older Millennials (ages 31 to 40 years) at 23%. […]

Fannie Mae chair warns against cash-out refinancing

Housing industry experts have been pretty vocal about the benefits of refinancing a mortgage lately, saying homeowners can benefit from current low interest rates to save potentially hundreds of dollars a month on their loan repayments. But Sheila Bair (pictured), chair of the board of directors at Fannie Mae this week warned that refinancing is […]

Sizzling Hot Summer Home Market

This isn’t the first time the US has seen a strong sales market. Something making it different this time is that the market is extraordinarily strong in every part of the country. Typically, the intense markets are found on the coasts but this time it is almost everywhere with the national average listing price hitting […]

Existing home sales fall in May, boosting housing inventory

Strong buyer demand coupled with limited housing inventories saw sales of existing-homes fall for the four month in a row in May. Existing home sales were down 0.9% compared to the month before, though they will still up 44% on a year over year basis, according to the National Association of Realtors in its latest […]

Home inventory grows almost 4% in May

Home inventory rebounded slightly last month amid torrid growth in the housing market, according to the latest Zillow Market Report. Home values continued to rise last month, breaking new records while the typical time on market has fallen to just six days. At the same time, rents across the U.S. are rising fast after stymied […]