Solar power savings vary greatly according to where you live

Homeowners with solar panels and solar battery storage installed in their homes save an average of $1,075 annually, amounting to around 67% of their electricity bills, a new study by home energy firm Sense has found. That’s a tidy amount, but homeowners’ savings can vary wildly depending on which part of the U.S. they live

Read More »

Net-zero energy homes pay for themselves in just over a decade

Although it costs more money upfront to build net-zero homes than it does with ones that aren’t so energy-efficiency, homeowners in the long term can enjoy substantial savings.     Those savings are so huge in fact, that eventually they’ll pay for the home itself, and it doesn’t matter where you live either, according to

Read More »

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

Read More »

Analysis shows Chicago is the easiest place to save for a down payment

If you’re struggling to save up for a down payment on your first home, you could do a lot worse than move to Chicago, where it’s possible to do so within just three years, according to a new analysis from RealEstate.com.

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.

Cash-strapped buyers turn to crowdfunding to raise a down payment

A growing number of aspiring homeowners are turning to crowdfunding platforms as a way of raising funds to cover their down payments. Crowdfunding platforms such as HomeFundMe and Feather the Nest have recently emerged, catering specifically for the home down payment market, Realtor.com reports. The idea is that wannabe homeowners can use the platforms to

Read More »

First-time buyers turn to crowdfunding, and lenders are backing it

Would be home buyers who can’t afford to save for a down payment are increasingly looking at crowdfunding options to fund their home purchases.

Renters can save thousands by renewing instead of moving, Zillow says

Renewing a lease instead of moving to a new apartment can mean major savings for renters. Those who moved in the past year paid an average of $3,946 more in 2015 on rent than renters who stayed in the same unit for the past five or more years, according to a new Zillow analysis of 2015 rent data from

Are Your Bills Too High? 4 Tips to Make Your Home More Cost Efficient

At the end of the month, many people look at their bank accounts and wonder where all of their money has gone. If this sounds like your own situation, then you might want to take a fresh look at some tips and tricks you can use to save money around your home.

Does raising your home insurance deductible really pay off? That may depend on where you live…

Many homeowners look to raise the deductible on their home insurance policies in order to save more money on their premiums, but a recent study from insuranceQuotes, an online home insurance comparison service, reveals that it’s not always financially sound to do so.

RealtyBizNews: Real Estate Marketing & Beyond