The median home price is on the rise across the U.S., but it isn’t the only thing rising, according to a report from Trulia using data from the U.S. Census Bureau. Homeowners must also consider other costs such as property taxes or homeowner association fees. And the rate of increase for HOA fees leaves rising
While some cities have higher home prices than others, high-paying jobs could make up for the rising rental costs. Zillow and LinkedIn combined their housing and employment data to analyze rental costs and a good job. The companies analyzed job listings data, salary data and the percent of workers hired in the past year. For
President Donald Trump officially announced his budget proposal that would, among many other cuts, slash $6.2 billion from the U.S. Department of Housing and Urban Development’s funding. But HUD isn’t the only agency to receive less funding under the new budget plan – some agencies were even defunded entirely. The real winners in Trump’s budget
President Donald Trump proposed his budget for the 2018 fiscal year which would include a $6.2 billion cut to the U.S. Department of Housing and Urban Development. This cut represents an annual decrease of 13.2% and would allot $40.7 billion in gross discretionary funding for the agency. This chart from Bloomberg shows the winners and
Rates are up .5 percent so far in 2017, and could go higher. This raises the question of whether it makes sense to buy your rate down to control your mortgage costs. Let’s review the market outlook, then answer the question. Where are rates headed from here? Rates are tied to daily trading in mortgage
Could you be overestimating the value of your home? As it turns out, many homeowners are. Homeowner estimates of their property’s value remains above the appraised value, and even grew farther away from appraiser opinions in February. Homeowners priced their homes an average of 1.69% higher than the appraised value in February, according to the National
ATTOM Data Solutions, a fused property database, announced its new partnership with Clear Capital, a technology company providing analytics and data to the real estate valuations industry. This new partnership will allow for Multiple Listing Service analytics to be available for licensing to ATTOM clients. “Thanks to its relationships with local independent brokers and valuation
If you’re a first-time buyer who just nabbed your first place, you’re likely in one of the scarier places in the real estate transaction. Before choosing paint colors, you’ll need to inspect. If you’re feeling nervous, you’re not alone. The property inspection is one of the most important parts of the home purchase process, yet
There’s no question that the current real estate market favors sellers with its high home prices and low levels of inventory. But even with these factors, buyers are continuing to jump into the market, diminishing what little inventory remains. In fact, buyers seem even more eager to enter the housing market than sellers. To find
President Donald Trump is currently considering a $6 billion funding cut for the U.S. Department of Housing and Urban Development. As might be imagined, the industry was quick to react, opposing the administration’s budget cut. Even HUD Secretary Ben Carson jumped in, sending an email to his staff reassuring them that the budget is still under