The pandemic caused a surge in home-improvement projects at the worst possible time, and many companies are still struggling to keep up.
If you want to buy a house, you'll pay more than you would've last year. Redfin said the week of March 21's typical sale price showed a 16% increase.
The home's current owners predicted they would receive eight or 10 offers for their house. They received 122.
A new trend called “Amazon Rooms,” a dedicated room to store and decontaminate packages after they arrive, is catching on among the wealthy in Hollywood, according to The Hollywood Reporter. The CDC does not have explicit guidelines regarding sanitizing and disinfecting mail, but does encourage hand washing after handling any […]
Beatrice de Jong is a licensed real estate agent and consumer trends expert at Opendoor, a real estate company that makes it simple to buy and sell a home online. While the COVID-19 pandemic inspired many people to pack up and leave cities for greener suburban pastures, a permanent relocation […]
Suburban homes that lingered on the market for hundreds of days are being snatched up by New Yorkers during the pandemic, the New York Post reported. New Yorkers are buying homes “sight unseen” in Connecticut towns and New York’s Hudson Valley and Catskills regions, according to real-estate agents. About 420,000 […]
The seasonally adjusted purchase index jumped 12% from one week earlier, according to data for the survey ending April 24 and released Wednesday by the Mortgage Bankers Association. “The ten largest states had increases in purchase activity, which is potentially a sign of the start of an upturn in the […]
Investing your down-payment savings is only a smart move if you’re not planning to buy a house in the next two years. If you’re planning to buy in the next two to five years, you might want to consider CDs, or certificates of deposits, as a low-risk investment that could […]
While $US200,000 is the average cost of a home in the US, that price will get you vastly different properties across the country. In Indianapolis, Indiana; Columbus, Ohio; and Kansas City, Missouri, you can buy a decent-sized, single-family house for $US200,000. In Los Angeles, California, and Miami, Florida, you can […]
Boise, Idaho, was named the best place in the US to buy a home in 2019. People are moving in droves from places like California, Washington, and Oregon to the mid-size Western city, which Forbes named the fastest-growing city in the US in 2018. The median home price in Boise […]
Hot real-estate markets aren’t forever. With changes in the way people work, live, and spend, some US markets that were once hot are cooling. Markets seeing quick declines include neighbourhoods in Silicon Valley, San Francisco, and Seattle, along with neighbourhoods in Miami Beach and Chicago. These changes probably mean you’ll […]
I’ve owned two homes in Minnesota; I bought my first in 2012 and my second in 2017. When I bought my first house, I was paying $US2,200 a month in rent, so I thought a house with a small mortgage would be cheaper – it wasn’t. I wish I’d known […]
Opendoor, a real estate technology company, looked at the factors that most detracted from a home’s value in 20 cities across the US. It found that while things like having carpeting and an outdated kitchen could decrease your home’s values, location factors you can’t have control may be the most […]
For anyone looking to buy a house, the quality of the local school district is often an important consideration. SmartAsset looked into the best school districts with affordable homes. Its data shows that three states are clearly a best bet: All of the top 10 school districts were in Texas, […]
More millennials are looking at buying houses, but it’s causing home prices to rise, reported Diana Olick for CNBC, citing a new CoreLogic report. There’s already a limited supply of starter homes on the market, and this spike in demand is exacerbating the problem. It’s a vicious cycle for millennials, […]
We asked certified financial planners Colin Moynahan and Christine Centino to tell us the most expensive things the average American will pay for on over a lifetime. While buying a house is the biggest expense, they listed a few other things many of us don’t realise we’re spending a lot […]
Amazon has partnered with Realogy, the US’slargest residential real-estate brokerage company, to launch a service called TurnKey that connects prospective homebuyers with real-estate brokers. Customers who enter their details on Amazon.com are connected with Realogy brokers in the area where they’re looking for a property. If a person purchases a […]
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