The Ongoing Costs of Owning a Florida Home



The purchase price of the home comes with a number of fees. This includes but is not limited to title transfer fees, legal fees, loan origination fees, realtor commissions, and property appraisals. The closing costs hint at the ongoing costs of owning the home such as pro-rated property taxes and insurance. The ongoing costs of […]

Millennials move home more often than older generations



Millennials are moving more often and living in their homes for a shorter period than previous generations. The share of young adults who have lived in their current home for less than two years is nearly 12 percentage points higher than in 1960, according to a new Zillow analysis. Younger adults have always lived in […]

Young consumers are confused about home buying, survey finds



More than half of younger adults in a recent survey say they lack knowledge about homeownership and mortgages, and the findings demonstrate they may need more resources to learn about these things, the survey authors say. LendEDU, a personal finance resource that carried out the survey of consumers aged 23 to 38, said that confusion […]

1 in 3 older adults struggle with housing costs



Real estate listings website PropertyShark says a recent survey of 1,000 people it carried out shows that almost one in three adults aged 45 and above are struggling to cover their housing costs. The survey found that homeowners with low incomes tend to report the biggest housing costs burden, but the issue is actually present […]

HUD’s proposed rule change could limit housing discrimination lawsuits



The Department of Housing and Urban Development is proposing a change to its fair housing rules, but critics say the move could result in less discrimination lawsuits. The HUD has proposed a change in its regulations that would do away with the so-called “Disparate Impact rule”, which is often used as a way of enforcing […]

Oregon bans single-family zoning in major cities



Oregon has enacted a new law that requires cities with a population of over 10,000 people to allow duplexes in neighborhoods that had previously been zoned for single-family homes only, making it the first U.S. state to do so. Single-family zoning means that only one home can be built on each lot, but the growing […]

Most consumers oppose housing density, study finds



Some cities have moved to alleviate housing shortages by increasing housing density, which means allowing more than one home to be built on a single lot. But while the method has proven to be effective, it’s not proving to be quite so popular with consumers. A new Redfin survey of 3,000 consumers who bought a […]

20,000 new homes built in flood-risk zones



As America’s coastal communities continue to build homes in flood-risk zones, a new analysis by Climate Central and Zillow shows that nearly 20,000 homes built in the past decade are at significant risk of chronic coastal flooding by 2050. And if greenhouse gas emissions go unchecked, more than 800,000 existing homes worth $451 billion will […]

The growing problem of community golf course closures



Homeowners living in so-called golfing communities are seeing the premium they paid disappearing as an increasing number of golf courses in the U.S. are closing down. According to the National Golf Foundation, almost 200 golf courses located in suburbs across the Sun Belt have shut down. The reason is that less and less people are […]

Vacant & abandoned homes are a big factor in the ‘housing crisis’, experts say



The U.S. is often said to be facing a “housing crisis”, with much of it centered on a shortage of available homes for sale. But a new report from the National League of Cities says that abandoned and vacant homes across the country are also a big part of the problem. In some parts of […]