The dream of homeownership remains a strong one among younger renters. As the housing recovery continues, Americans are growing more confident in the housing market in general. And that confidence comes in part from a potentially surprising source: Millennial renters, who to date have been perceived by many as largely [...]
Many of today’s new home buyers are Millennials – the generation born in the 80s and 90s – who are now getting married, starting families, and stepping into the real estate arena for the very first time. This is the same generation that grew up in a boom, followed by [...]
We always hear that remodeling a kitchen is one of the most expensive home improvements. And it can be. The Remodeling 2014 Cost vs. Value Report listed the average cost of a major kitchen remodel at $54,909, and even a minor remodel came in at $18,856. But kitchen remodeling doesn't [...]
When you make the decision to sell your home, it can be tricky to know which changes would make your home sell more quickly or boost the sale price — and which would just be a waste of your time and resources. Each home (and each homeowner) is different; that’s [...]
Falling in love can be wonderful—and finding the perfect house can make a house-hunter weak in the knees. As Valentine’s Day approaches, a survey by Realtor.com shows that falling head-over-heels for a house is fairly common—69% of respondents reported that they have had a home crush. House-hunters with a “home [...]
To the surprise of virtually no one, the Federal Reserve kept its cheap-money policy in place, but markets interpreted language in the decision to mean that the end may come sooner than expected. Wall Street had expected the Fed to refrain from tapering its so-called money printing operation. Economic data, particularly in [...]
WASHINGTON -- Average U.S. mortgage rates rose modestly this week, a move that makes home-buying a bit less affordable. Still, rates remain near historically low levels. Mortgage buyer Freddie Mac says the average rate on the 30-year loan increased to 4.29 percent from 4.22 percent last week. The average [...]
The average down payment for 30-year fixed rate mortgages dropped to 15.73 percent of the home's value in the third quarter this year, down 2.74 percent from the second quarter, according to a report from LendingTree. A news release about report, which detailed the average down payment percentages by state, [...]
The housing recovery is expected to grow at an annualized rate 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and 2014 until settling down to 3.3 percent annual increases over the next [...]
