Real Estate News

Low down payment mortgages can compete in today’s market

Despite the growing prominence of low down payment mortgages, first-time homebuyers believe they need to put 20% down to compete in today’s market, but it’s not true given current market conditions, according to real estate agents across the country. Redfin conducted a survey between Sept. 15 and Sept. 18, receiving responses from 762 real estate agents

Tiny Home Traits: 5 Features Every Small Space Needs

Tiny homes appeal to many people, whether as a solution to surging rents or because of the freedom they can lend your lifestyle. But if you decide living in 400 square feet (or less) is for you, how do you actually make it work? Here are five features that help make tiny homes functional – and even comfortable.

CoreLogic: Cash sales hit record low in June

Cash sales fell to less than 30% for the first time since the housing crisis began, according to the latest report from CoreLogic. Cash sales decreased in June, down 2.5 percentage points from last year and 0.9 percentage points from May to 29.3%. This is down significantly from the cash sales peak in January 2011

Affordability crisis almost over? Household incomes increase faster than home prices

The S&P CoreLogic Case-Shiller Indices came out today, showing yet another increase in home prices in July at a slightly faster rate than June. In fact, this increase was just 0.6% short of the record high set in July 2006. The industry’s reaction compared this increase to the recent increase in household income. All seem

Case-Shiller results barely miss July 2006’s high

Home prices continued their increasing trends continued to increase in July, but at a slower rate than before, according to the most recent report by S&P CoreLogic Case-Shiller Indices released by S&P Dow Jones Indices and CoreLogic.   “The S&P CoreLogic Case-Shiller National Index is within 0.6% of the record high set in July 2006,”

What It Really Costs to Live ‘Tiny’

By nature all tiny homes are small, but that is often where their similarities end. With a variety of styles, amenities, and differing levels of quality on the market, the cost of living in one of these diminutive abodes can be as diverse as the houses themselves. A tiny home can be a permanent structure or

Political battleground states see highest rise in property values

Monday night will see the first presidential debate between Republican candidate Donald Trump and Democratic candidate Hillary Clinton. With the election still considered to be a complete toss-up, both candidates are counting on the “swing states” to secure their presidency. Each candidate’s messaging to those swing states is important, whether they are touting economic prosperity or economic disparity,

The Tricky Thing About Buying a Tiny Home

Buying a tiny house is a huge undertaking – particularly from a financing perspective. Tiny house hunters are typically looking for homes that range from 100 to 500 square feet. Many of these home buyers are millennials, who don’t want the hassle of maintaining a large house, says Matt Parker, a real estate agent in

5 Things You Need to Know About Real Estate Disclosures

It’s standard practice in real estate to give a home a fresh coat of paint before putting it on the market. Nine out of 10 times, the intention is to show the property at its best. But every so often, the seller paints the house in hopes of covering something up. In most parts of

‘What Do You Mean My Home Isn’t Legal?’

By Gemma Alexander Home may be where the heart is, but good luck convincing the authorities of that if your home is illegal. Your heart – or finances – may lead you to hang your hat in any number of atypical dwellings, but the truth is, it takes more than love to make a house a