Real Estate News

Jan. 10, 2017

How can buyers get a lower mortgage rate?

Though mortgage rates have jumped in recent weeks, it's still possible for buyers to get a lower rate if they "buy the rate down," also known as "paying points."

But they should weigh the pros and cons carefully to decide if that's the best move.

"Buying your rate …

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Jan. 9, 2017

Older adults face housing troubles

The nation's housing inventory won't meet the needs of an increasingly older population through the next two decades, according to a report released by the Harvard Joint Center for Housing Studies.

With more than one in five people in the U.S. expected to be 65 or older – one …

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Jan. 9, 2017

Babies may spark the next hot housing market

Millennial motherhood is on the rise. Could the increase in births for the millennial generation bode well for real estate and finally convince them to move into homeownership?

About 1.3 million millennial-aged women gave birth in 2015, accounting for 82 percent of all U.S. births that year, according …

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Jan. 6, 2017

Three reverse mortgage firms fined for deceptive ads

Three reverse mortgage companies were collectively fined $790,000 for using deceptive advertising that claimed consumers could not lose their homes, a federal regulator said in December.

American Advisors Group, Reverse Mortgage Solutions and Aegean Financial reached consent agreements with the Consumer Financial Protection Bureau (CFPB) after the regulator's investigation …

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Dec. 1, 2016

More tiny neighborhoods are coming

Tiny homes are still mostly illegal in the majority of the country since they don't tend to meet municipalities' zoning and building standards. But more cities are looking to change ordinances to pave the way for entire tiny home neighborhoods.

Tiny homes are usually between 200 to 600 square …

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Dec. 1, 2016

Home sizes shrink yet again

New single-family home sizes continue to get smaller. In the third quarter of this year, the average square footage of a new single-family home dropped from 2,620 to 2,602 square feet.

The gradual decrease in new-home sizes reflects a trend among builders away from mostly focusing on just …

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Nov. 29, 2016

Fla.'s housing market: Median prices continue to rise in Oct. 2016

Florida's housing marketreported higher median prices and fewer all-cash sales in October, according to the latest housing data released by Florida Realtors®. Shortfalls in inventory continued to impact sales statewide: Single-family home sales totaled 20,194, down 5.3% from October 2015, while townhouse-condo sales totaled 7,955, down 12.3 percent compared to …
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Nov. 29, 2016

Tiny house festival goes big in St. Johns County

 The tiny-house enthusiasts gathered recently at the St. Johns County Fairgrounds say their itty-bitty homes leave them feeling liberated, not squished.

Just listen to Renee McLaughlin, who rents out her old 3,300-square-foot house and has downsized to an 87 square-foot micro-house she parks on her family's property in rural …

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Nov. 28, 2016

What's the luckiest list price?

The realtor.com®research team has found an unusual trend among listings on its site: a penchant for the number eight. About 178 listings on realtor.com have been priced at either $888,888 or $8,888,888 so far this year, with the majority of those homes in New York, San Francisco, Los Angeles, and …
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Nov. 28, 2016

Generation Z sees homeownership in their future

A panel composed of five members of the generation following millennials, Generation Z, young people ages 14 to 18, discussed their social media habits, shopping preferences and their desire to become homeowners, during a session titled "The Gen Z Consumer" at the recent 2016 Realtors® Conference & Expo.

"We …

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