Housing inventory grows, advantage shifts to buyers



After falling for nearly four consecutive years, housing inventory has turned a corner, growing on an annual basis in four of the past five months, according to the January Zillow Real Estate Market Report. U.S. for-sale home inventory grew 1.2 percent year-over-year. There were 19,455 more homes for sale nationwide in January compared to a […]

Chinese interest in U.S. real estate grows



Chinese have ranked as the top foreign buyers of residential homes in the U.S. for six straight years. Traditionally, Chinese buyers have mostly focused on buying higher-end homes, but these days they’re increasingly looking at low-priced properties as well, the National Association of Realtors says. Up until recently, most Chinese buyers have snapped up million-dollar […]

Adjustable-rate mortgages grow more popular in expensive markets



More buyers are opting for adjustable-rate mortgages in order to cut costs amid rising interest rates, new data from CoreLogic shows. They’re doing so even as the potential savings between a fixed-rate mortgage and an ARM get narrower. According to Freddie Mac data, the average rate on both a 30-year fixed rate mortgage and a […]

Zillow lists its top 10 markets for buyers this winter



After years of competitive bidding wars and rising prices, a new study from Zillow shows it might finally be a good time to buy a home in many U.S. markets. Zillow researchers looked at three factors to determine which of the largest U.S. housing markets are becoming more buyer-friendly and found that some previously prohibitively […]

New owners can expect to pay $40,000 in fees to buy a home



Buying a home is one of the most expensive transactions someone will ever make, and home shoppers can expect to spend $40,000 on average in one-time fees on the typical U.S. home, according to a new analysis from Zillow company RealEstate.com and Thumbtack, an online service that matches customers with local professionals. For first-time buyers, […]

Ten Seller Deliveries at a Commercial Real Estate Closing



When buying a house, the seller typically will sign a deed and hand over the keys. However, commercial real estate transactions are usually more complicated, and most sellers of commercial properties have more deliverables. Buyers who do not get these items from sellers at the closing may find themselves trying to track down the sellers’ […]

As trade war rages on, Chinese keep buying U.S. real estate



Despite rising tensions between China and the U.S. resulting from a new trade war launched by President Donald Trump, Chinese investors are still drawn to the U.S. real estate market, experts say.

Survey: Most buyers seek financing before they start looking for a home



The majority of first time buyers will check to see if they can obtain financing as the first step they make, even before looking at potential listings, according to a new survey of 1,000 buyers by loanDepot and mellohome.

87% of Detroit home buyers now pay in cash



A combination of lower home values, affluent buyers, more investors and individuals who want to skip the appraisals process means that all-cash transactions in Detroit are spiking through the roof.

Clients with children look to move more urgently than those without



Home sellers with children are usually in much more of a hurry to sell than those who don’t have kids, new survey from the National Association of Realtors has found. The survey, part of the NAR’s 2018 Moving with Kids report, found that 26 percent of sellers with kids aged under 18 say they need […]