Real Estate News

People considering buying or selling a home are facing a unique market. The real estate market has been in flux for several years, and high interest rates have made it more expensive to borrow. The Mortgage Bankers Association is projecting that 30-year mortgage rates will level out to 6.5 percent...

A home is the most expensive purchase many people ever make. Buyers understand that certain costs come with home ownership. However, some of the costs associated with home ownership can catch even the most savvy savers off-guard. And in recent years, those extra costs have been surging. The following are...

Vacations have changed dramatically over the last several decades. Social media has opened doors to new places, as millions of people are inspired to visit locales they first caught sight of via platforms like Instagram. But it’s not just where people are going that has changed, but where they’re laying...

Prospective home buyers are widening their home search areas to find new places to live. The National Association of Realtors says the median distance that buyers traveled to their new homes was 50 miles in 2022, which was triple the median distance that most people clocked in the 30 years...

Real estate has garnered considerable attention since 2020, and for good reason. Though speculators and real estate professionals may point to a number of variables that have affected the market for homes in recent years, the pandemic certainly was among those factors. Real estate prices and mortgage interest rates increased...

As long as there have been homes for sale, there have been financial vehicles designed to alleviate some of the financial pressures associated with owning a home. A reverse mortgage is another way homeowners can borrow money based on the value of their homes, but it doesn’t need to be...

Decorating a home for holidays is quite popular. A survey from the National Retail Federation found that 53 percent of respondents said they were planning to decorate their home or yard for Halloween in 2023. Lombardo Homes polled 1,000 Americans in 2021 and 94 percent said they celebrate Christmas in...

Families must make a number of important decisions when an aging relative decides the time is right to move into an assisted living facility. Such facilities help older individuals who are having troubling living independently. In addition to finding the right facility for a loved one, many families have to...

Credit card debt could be compromising the financial security and well-being of millions of individuals. According to the Federal Reserve Bank of New York, Americans’ total credit card balance in the second quarter of 2023 was more than $1 trillion, and LendingTree reports that the average credit card balances among...

To say the market is difficult to analyze would be an understatement. National media reports are conflicting and confusing: “Home Sales Down,” “New Listings Down,” “Home Prices Rebounding,” “Home Prices Softening,” “Buyers Waiting for Market Crash.” It’s no wonder that buyers and sellers are uncertain and fearful. Even real estate...

In the midst of an ongoing education crisis, a shocking revelation has emerged – the housing affordability crisis is playing a a role in the shortage of teachers in our schools. A recently released report has shed light on the alarming fact that only 12% of teachers can afford homes...

Home prices continue to be trending higher in the current real estate market with signs of staying positive. This is a good sign that those investing in real estate will see an increase in their value. We are seeing a strong real estate market and if homes are priced right,...