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, […]

Discrimination is the top concern for LGBT home buyers, survey finds



Freddie Mac researchers have revealed that members of the lesbian, gay, bisexual and transgender community often try to seek “LGBT-safe” neighborhoods when buying a home, as they fear being discriminated against. The findings come from a survey of more than 2,300 consumers, and reveal that LGBT community members are, on the whole, positive about homeownership. […]

Homeowners believe renovations are the best reason to tap home equity



With home prices on the rise in most parts of the country, homeowners are sitting on top of record amounts of home equity. But with most homeowners showing a reluctance to tap into that wealth, Bankrate.com says its latest survey shows plenty of reasons why it might be worth taking out a loan to unlock […]

Homeowners start counting the cost of Hurricane Florence



Residents of affected areas are now starting to count the cost of the damage as the storm slowly dissipates

The hidden costs of homeownership add up to $9K a year, study finds



Homeowners will pay around $9,390 per year on the hidden costs associated with homeownership, according to a new analysis by Thumbtack and Zillow.

Home equity is growing, but homeowners refuse to tap into it



With home prices continuing to rise, homeowners are becoming increasingly “equity rich”. But that hasn’t tempted many to take advantage of the situation, as the number of home equity lines of credit stays flat.

Millennials go to great lengths to achieve homeownership



Millennials are showing such a strong desire to get into homeownership that many are willing to make big sacrifices or take on a second job.

Young aspiring homeowners to struggle until 2025, Freddie says



Freddie Mac raised few eyebrows today when it reiterated what most of us already knew – that the rising costs of housing are the biggest hurdle for younger people trying to get into real estate for the first time, in a new repor

Less than 10% of U.S. homes remain underwater, Zillow says



Almost a decade after the last recession, we’ve passed another milestone in the housing market recovery. The percentage of homeowners who owe more on their mortgage than the value of their home, or those who’re “underwater

Single women buy twice as many homes as single men



Single women are showing much greater interest in becoming homeowners than their single male counterparts, according to a new study.

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