Tag: Real Estate

Posted on 09/25/2024

Financial real estate terms buyers should know

The more real estate terms you understand, the more...

Down Payment

Fair Market Value

+ 4 more

Posted on 06/07/2022

Remodeling Regret Is Growing

© Getty Images Plus June 7, 2022 Interest in home remodeling has surged during the pandemic. But homeowners may not be happy with the results of all their house projects, pointing to the high expenses and strain on relationships. One-third of about 600 respondents recently surveyed said they regret their remodel, according to the survey from Lantern by...

Remodel

Credit Card

+ 4 more

Posted on 06/06/2022

Majority of Aging Adults Say They’re Not Moving

© DigitalVision / Getty Images June 6, 2022 Baby boomers hold the majority of real estate wealth in the U.S.—and as they age, they increasingly say they plan to stay put in their current homes. Sixty-six percent of U.S. adults aged 55 and older say they expect to age in place, according to a new Freddie Mac survey....

Real Estate

Moving

+ 1 more

Posted on 03/29/2022

Some Owners Turn to Cash-Out Refinances

© whyframestudio - iStock / Getty Images Plus Some homeowners are turning to the equity in their current home to fund their next real estate transaction. But the move isn’t without risks. Most homeowners who bought a home before 2020 have seen rapid appreciation and rising equity in their homes. A cash-out refinance is allowing them to use...

Posted on 03/25/2022

In a grim sign for the housing market’s busiest season, pending home sales, which measure signed contracts on existing homes, fell 4.1% in February compared with January, according to the National Association of Realtors. Sales were down 5.4% compared with February 2021. Analysts were expecting a slight gain. This is the fourth straight month of declines in pending...

Real Estate

Housing

+ 4 more

Posted on 03/18/2022

Home Sales Fell Far More Than Expected In February, As Mortgage Rates Rose And Supply Remained Tight

Sales of previously owned homes fell 7.2% month to month in February to a seasonally adjusted annualized rate of 6.02 million units, according to the National Association of Realtors. That significantly missed analysts’ expectations of 6.13 million units. Sales were 2.4% lower compared with the same month a year ago. Rising mortgage rates likely played a role in the...

Real Estate

Mortgage

+ 4 more

Posted on 03/15/2022

Mortgage Delinquencies Drop to Record Low

©phototechno - Getty Images The percentage of homes with mortgages that have late payments or are in foreclosure has dropped to the lowest seen on record in more than two decades, according to CoreLogic’s data dating back to 1999. The nation’s overall delinquency dropped to 3.4% at the end of 2021, with the majority of states posting a...

Real Estate

Mortgage

+ 2 more

Posted on 03/14/2022

How the Turmoil Could Have a Big Impact on Home Prices

(Getty Images) TRENDS Inflation, Gas Pump Pain, and Putin: How the Turmoil Could Have a Big Impact on Home Prices Soaring inflation, spiking gas prices, and the war in Ukraine have taken their toll on just about everyone’s bank account balances—as well as their frazzled psyches. We’re already experiencing the worst inflation rates of the 21st century, and...

Real Estate

Interest Rates

+ 4 more

Posted on 01/20/2021

Is the Market Ready for Me to Invest?

Photo by Edar via Pixabay You’ve been considering an investment in real estate but are you really ready? Putting your money into something you haven’t done your homework on could be detrimental. You may even have all the tools, but are still straddling the fence. How will you know it’s time? Here are a few signs that indicate...

Real Estate

Investing

+ 4 more