Key Takeaways According to the National Association of Realtors, existing-home sales increased 4.4 percentage points to a seasonally adjusted annual rate (SAAR) of 5.71 million.Economists have been predicting a “spring revival” since the beginning of the year thanks to hearty buyers who refuse to let low inventory keep them from finding the perfect home.According to a recent realtor.com study, homes are flying off the market at a dizzying pac
You have finally sorted through thousands of shades and found your perfect paint color. You bought a few cans of paint. You cleared out your weekend. You are ready to jump in, but where do you start? Having the proper tools, correctly prepping your space, and taking your time using the right technique are all key to getting a perfectly painted room. Tools and Supplies The proper tools can make or break your affinity and patience for painting
Make a dramatic statement with design choices inspired by celebrity homes.Folks who are in the spotlight often love to surround themselves with dramatic colors and furnishings. See the shades three celebs chose for their homes, and learn how you can get the look, too.Zooey Deschanel: ship-shape navy Photo from Zillow listingThe “New Girl” actress’ bold blue kitchen pairs crisp navy cabinets with brass accents and a nautical-inspired light
The galloping real estate market is a scary and exhilarating thing.On the one hand, as home prices soar, how on earth will you ever buy one? On the other, assuming you do pull off the biggest purchase of your life and become a proud homeowner, those very same rising prices are a promise that one day you, too, will make bank.And that's exactly why savvy buyers and owners obsess about how much their home will be worth in a few years—and why.Will
Homeowners are sprucing up their properties and undertaking more remodeling and repair projects, according to a recent study.The Leading Indicator of Remodeling Activity, released by the Joint Center for Housing Studies at Harvard University, shows an annual growth in home improvement and repair expenditure this year that will remain above its long-term trend of 5 percent. Index authors, however, foresee a steady decline from 7.3 percent in the f
One of the nation’s largest processors of consumer mortgage payments—Ocwen Financial Corp.—was sued by the Consumer Financial Protection Bureau and also faces a cease and desist order by a multistate committee that's essentially shutting down the lender’s operations in a handful of states.Ocwen, based in West Palm Beach, Fla., services loans for borrowers in every U.S. state and the District of Columbia. As of Dec. 31, 2016, it serviced n
Your clients want to hear more about green real estate and why it matters, surveys show.Whether they're first-time buyers or existing homeowners, consumers are showing more desire to learn more about environmental matters in housing.Indeed, 61 percent of homeowners have researched energy-efficient improvements, according to the Bank of America Homebuyer Insights Report. Eighty-six percent of homeowners say they have some type of energy-efficient
The 30-year fixed-rate mortgage has fallen to its lowest average since November 2016, Freddie Mac reports in its weekly mortgage market survey.“The 30-year mortgage rate fell 11 basis points this week to 3.97 percent, dropping below the psychologically-important 4 percent level for the first time since November,” says Sean Becketti, Freddie Mac’s chief economist. “Weak economic data and growing international tensions are driving investors
Whether it's promoting images you've published on your account or creating video ads up to a minute long, Instagram is becoming marketers' social media platform of choice due to the sheer simplicity of being able to put beautiful content in front of a targeted and engaged audience.Instagram is visually focused and mobile first and offers 60 times the advertising rate of return than Facebook, and 120 percent more user interactions than Twitter, ac
This spring’s housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing-homes to sell significantly faster this year, and propelling home sales to the highest pace in more than a decade, the National Association of REALTORS® reported Friday.Strong sales gains in the Northeast and Midwest were behind most of the nationwide 4.4 percent month-over-month increase in existing-home sales in March. The West was the onl
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