Apr 19
Court College Grads: Here’s Why Americans with an education level of bachelor’s degree or higher are more likely to own a home by age 30, according to a new study from the Federal Reserve Bank of New York. That’s regardless of their student debt situation too, the study finds. Researchers who tracked college …
Apr 18
Forget Millennials: Gen X Is Driving the Market Millennials may often get all the attention, but members of Generation X are really the ones who have been driving the housing market lately. Gen Xers, who are between the ages of 37 and 51, make up the second largest share of home buyers, comprising 28 percent …
Apr 17
5 Ways to Make Listing Photos Pop Photos of your listing are crucial when selling a home and presenting it online to potential suitors. The New York Times recently featured several suggestions from professional stagers and interior photographers on how to achieve a picture-perfect home, including: Trim the belongings. “Instead of having lots of …
Apr 14
What’s on Home Shoppers’ Wish Lists A new realtor.com® survey reveals the top desires of home buyers today: Ranch-style homes, big backyards, and updated kitchens. More than half of home buyers say they’re on the hunt for a three-bedroom home, and 75 percent want a two-bathroom home as well, according to realtor.com®’s home buyer survey. …
Apr 13
Renters Are Starting to Feel Richer, But… Trying to convert renters to homeowners? Your job may be getting tougher. A new survey from Freddie Mac finds more renters are optimistic about their financial situations, but they’re less likely to move even if their rents increase. “It would appear from our new survey that …
Apr 12
Watch for These Open House Red Flags How fast can you pick out signs of deferred maintenance in a listing? Realtor.com® recently spotlighted several red flags to watch for at an open house. Intense scents. The stronger the air freshener, the more likely the seller is trying to mask an offensive odor, warns Denise …
Apr 11
Wire Scam Warnings as Spring Season Starts As the spring home buying season begins to heat up, the real estate and title insurance industries are reminding home buyers about wire fraud scams increasingly targeting them to steal their down payment funds. The National Association of REALTORS® has issued warnings to its members that hackers are trying …
Apr 10
Most Consumers Are Wrong About Home Insurance Fifty-six percent of consumers recently surveyed believe that a standard homeowner’s policy covers flood damage. But they’re mistaken, and their assumption could be a costly mistake. The survey by insuranceQuotes of about 1,000 consumers shows a lot of misunderstandings when it comes to home insurance and what’s covered …
Apr 07
New-Home Trend: Bigger Houses, Smaller Lots New homes are getting larger, but their lot sizes are getting smaller. The median size of a new home increased from 1,938 square feet in 1990 to 2,300 square feet in 2016, but lot sizes during this same period decreased from 8,250 square feet to 6,970 square feet. …
Apr 06
Why Sellers Are So Stressed in a Seller’s Market Home sellers say the greatest challenge for them this year is the lack of homes to choose from when it’s time for them to move, according to a new survey of more than 800 real estate professionals from Redfin. “It’s a seller’s market, but the …
Apr 05
Home Prices Blamed for Student Loan Defaults The housing crisis may also have sparked the increase in student loan default rates, according to a working paper by the National Bureau of Economic Research. The study says the drop in home prices during the Great Recession also coincided with a 24 to 32 percent rise …
Apr 04
Ways to Better Manage Your Social Media When using social media, make sure you aren’t turning off potential customers with your behavior online. Forbes.com offers the following tips on behaviors to avoid on social media, including: Being present on too many social media platforms: “Be careful not to create a social media behemoth you can’t …
