Real Estate News

May employment numbers show “rip-roaring” job growth

ADP and Moody’s Analytics released the National Employment Report showing a huge surge in employment numbers for May. Private-sector employment increased by a seasonally adjusted 253,000 from April to May. This is up from last month’s increase of 211,000.  “May proved to be a very strong month for job growth,” said Ahu Yildirmaz, vice president and co-head of the ADP

Homes With Blue Kitchens Sell for $5,400 More Than Expected

A fresh coat of paint in the right color may help sell a home for more money. Homes with rooms painted in shades of light blue or pale blue/gray can sell for as much as $5,400 more than expected, according to a new Zillow report. Zillow’s 2017 Paint Color Analysis looked at more than 32,000

Home prices jumped the most in these 10 housing markets

Home prices increased in March to a new peak, according to the latest Home Prices Index from Black Knight Financial Services. Home prices rose to a median $272,000 in March, the report showed. This represents a new peak in home prices, and a rise of 2.3% from the start of the year. And the Case-Shiller

Experts agree – home prices not back to bubble-era levels

Home prices increase a little more each month, even hitting new peaks in many markets, yet experts insist they are not back at bubble-era levels. The most recent Case-Shiller results show home prices rose 5.8% from last year to the highest pace in 33 months. Black Knight also released its Home Price Index Report, showing home

Pro Tips for Making the Most of Your Kitchen Remodeling Budget

A high-end kitchen remodel could easily drain your wallet. The nationwide average for a major kitchen remodel – replacing all appliances, installing a sink and faucet, and repainting walls – is $62,158, according to Remodeling magazine. And in cities like New York, those costs edge even higher. A modest kitchen remodel, in which the cabinets

Building Credit 101: Tips for Recent Grads

If you’re a recent college grad, you’ve likely heard speeches about pursuing your passions and believing in yourself, but you probably haven’t heard much about establishing a good credit history. Here’s what you need to know. It matters – a lot Qualifying for mortgages, auto loans, apartments and even jobs has become dependent, to some degree, on your

Can You Save Money by Bundling Home Services?

Why pay full price for something if you can get what you want, plus another item, at a discount? This is called bundling, and researchers have been studying the pros and cons of it for decades. Although many consumers think of bundling as a modern concept – it’s often used to combine TV, internet, and

What Do Buyers and Sellers Pay in Closing Costs?

Rarely does a buyer or seller show up to the closing without knowing exactly what their costs of sale will be. In fact, based on the mortgage loan amount of the purchase/sale price, it’s not hard to ballpark either side’s closing costs. Before you get too far along in the process, ask your real estate agent or

Redfin: Seattle is quickly running out of homes to sell

You have been logged out. Seattle is on the verge of becoming the metro with the least inventory, as it constantly finds itself among the hottest metros in the country. According to the latest housing report from online real estate listing service and broker network, Redfin, Seattle is currently the third-most constrained for inventory, following Oakland and San

5 Ways Home Buyers Make Their Agent’s Job Harder

Buying a home can be a long and challenging process. It’s a big, expensive and infrequent transaction that can cause lots of stress and anxiety. Some buyers take years to complete a purchase, and they require a lot of hand-holding and make lots of requests. Others are more self-sufficient, and only bring in the agent from