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Home Features, Not Brands, Lure Young Buyers

Daily Real Estate News | Tuesday, November 14, 2017   Home features—particularly those that are technology-based—have a stronger pull on millennial home shoppers than the promotion of brand names, according to a new survey by John Burns Real Estate Consulting, conducted with 20,000 new home shoppers. Millennials tended to show a preference for tech-focused amenities that Read More

Kitchen Updates That Don’t Require a Remodel

Daily Real Estate News | Tuesday, November 14, 2017   If your sellers are looking for ways to improve their kitchen before listing, or if your buyers want to make cost-effective updates to a dated kitchen in their newly purchased home, professional organizer Colleen Klimczak, owner of Peace of Mind Professional Organizing, has five tips. Read More

Freddie: Housing Bubble Fears Too Inflated

Daily Real Estate News | Friday, November 10, 2017 Mortgage financing giant Freddie Mac devotes its entire November Insight report to exploring the warning signs from last decade’s housing price bubble and weighs it against the current housing market. Economists, however, are quick to say today’s market is not currently overheating.   “The evidence indicates Read More

Realtor.com®: Housing Boom Is Officially Back

Daily Real Estate News | Monday, November 13, 2017   Housing prices have returned to the “boom levels” of a decade ago, but this time around, the fast appreciation is being fueled by strong supply-and-demand dynamics rather than predatory lending practices, investor speculation, and too much construction, according to new realtor.com® data released Monday.   Read More

Tax Reform Bill Would Cap MID for New Mortgages

Daily Real Estate News | Thursday, November 02, 2017   The Republican leadership in the House has released its long-awaited bill to reform the nation’s tax code, and it raises significant concerns for middle-class homeowners because of limits on the mortgage interest deduction and the deductions for property taxes and state and local taxes.   Read More

4 Social Benefits of Homeownership

Daily Real Estate News | Thursday, October 26, 2017   Improved educational performance, higher civic participation, lower crime rates, and improved health remain the biggest social benefits linked to home ownership, according to a new research paper by NAR Chief Economist Lawrence Yun and research economist Nadia Evangelou, which appears in The Journal of the Read More

More Retirees Carry Mortgage Debt

Daily Real Estate News | Monday, October 09, 2017   Retiring baby boomers are less likely to be mortgage-free compared to people their age in previous generations, according to Fannie Mae. That could hurt boomers’ financial security and exacerbate the housing affordability crisis.   Slightly less than 50 percent of the oldest baby boomer homeowners Read More

Mortgage Rates Take a Leap This Week

Daily Real Estate News | Friday, October 13, 2017   Borrowers saw financing costs for a mortgage move higher this week. The 30-year fixed-rate mortgage posted its largest week-over-week increase since July.   “The 30-year mortgage rate increased for a second consecutive week, jumping 6 basis points to 3.91 percent,” says Sean Becketti, Freddie Mac’s Read More

Homeowners Face Tax Hike Under ‘Big 6’ Plan

Daily Real Estate News | Thursday, September 28, 2017   Home ownership would no longer be a priority in the tax code if a reform plan released Wednesday by the Trump administration and congressional Republicans becomes law. The “Tax Reform Unified Framework,” known as the “Big 6” tax reform plan, is being touted as a Read More

Fed Hints at Looming December Rate Hike

Daily Real Estate News | Thursday, September 21, 2017   The Federal Reserve voted to leave its short-term rates unchanged on Wednesday but it did indicate that a rise to its short-term interest rates is likely on track for later this year.   Read more: Could Rising Rates Be Good for Housing?   “The basic Read More

Homeowners Gain Average of $13K in Equity

Daily Real Estate News | Friday, September 22, 2017   In the second quarter of this year, homeowners saw their equity increase an average of 10.6 percent—or $12, 987—year over year, according to CoreLogic’s Q2 2017 Homeowner Equity Report. Western states are posting some of the highest upticks in equity. Washington homeowners, for example, saw Read More

7 Smart Strategies for Kitchen Remodeling

By: John Riha   Follow these seven strategies to get the most financial gain on your kitchen remodel.   Homeowners spend more money on kitchen remodeling than on any other home improvement project. And with good reason: Kitchens are the hub of home life and a source of pride.   A significant portion of kitchen Read More

Top Entryway Decor Ideas for 2017

Posted in Staging Tips, by Blog Contributor on August 28, 2017 By Katherine Medlin, guest contributor                 The entryway is a significant space within a home — it’s the first thing a potential buyer sees, and it sets the stage for the whole vibe of the home. Buyers Read More

Home Prices Rise For 16th Month In Coachella Valley!

Source:  The Desert Sun/August 23, 2017/Rosalie Murphy   Coachella Valley home prices rose in July for the 16th consecutive month, climbing 8 percent year over year to a median of $329,500 according to data from real estate research firm Core-Logic DataQuick.   Resale Single-Family Homes:  570 sales, up less than 1% year over year.   Read More

1 in 4 Homes Now Equity Rich

Daily Real Estate News | Thursday, August 17, 2017   Homeowners should be feeling richer. At the end of the second quarter, more than 14 million U.S. properties were considered equity rich. (That means the combined loan amount secured by the property was 50 percent or less of the estimated market value of the property.) Read More

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