Sixty-two percent of millennial home buyers say they're planning to put less than 20 percent down on the house they eventually buy.
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Your home's interior lights want to help you have fun, feel better, and save energy. Will you let them? It used to be we'd walk into a room and flip on the light switch, maybe slide the dimmer up or down a bit to change the brightness. But that's so old school. Instead…
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Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for.
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67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008.
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Median mortgage payments fell at the end of last year, dropping to $1,920 month-over-month, according to the Mortgage Bankers Association.
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The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Last fall buyers hesitated and took a break from the market. Now, as we move through 2023, there are signs things are finally going to pick up.
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According to the latest S&P Case-Shiller Home Price Index, home prices continue to slow, though they remain 7.7 percent above year-before levels.
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If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental(STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years.
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As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. But what are buyers doing now?
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There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.
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