Real Estate

Consumers returned from the holiday season to find mortgage rates at their lowest point since September, and they are responding in dramatic fashion. Mortgage application volume jumped nearly 28% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with

Florida’s Melbourne Beach has been attracting out-of-towners since the late 1800s. Over the years, the barrier island town in coastal Brevard County has become a family-friendly bedroom community and vacation destination. One side of the community faces the Indian River Lagoon; the other, the Atlantic Ocean. Taking full advantage of the panoramic views is this

Builder sentiment in the single-family housing market posted an unexpected gain in January, rising for the first time in 12 straight months. Economists had predicted a slight decline. Sentiment rose 4 points to 35 on the National Association of Home Builders/Wells Fargo Housing Market Index. Anything below 50 is still considered negative sentiment. The metric

On June 2021 I wrote a post here titled “3 Reasons Why The Real Estate Boom Is Not A Bubble.” At the time, a lingering deficit of housing units was pushing up housing prices but the combination of low rates, healthy savings and strong income made it still quite affordable to buy a home. The

Homes in Rocklin, California, US, on Tuesday, Dec. 6, 2022. A record number of homes are being delisted as sellers face a sharp drop in demand, according to real estate brokerage Redfin. David Paul Morris | Bloomberg | Getty Images Sales of previously owned homes dropped 1.5% in December from the previous month, according to

Over 80% of home buyers don’t regret purchasing their homes in the last two years, despite a tough market and making significant compromises, according to a new survey by LendingTree, an online lending marketplace. “The high satisfaction rate amid the hot market makes sense,” says LendingTree senior economist Jacob Channel. “Given the market climate, prospective

Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. FICO scores, the most popular scoring model, range from 300 to 850. A “good” score generally is above 670, a “very good” score is over 740 and anything above 800 is considered “exceptional.” Once you reach that 800

Home prices have been through a whirlwind over the last three years, thanks mainly to the effects of the pandemic. When it first struck in 2020, home prices and rents declined just as the economy as a whole took an initial nosedive. But as time wore on and the pandemic moved into its second year,

Ed Jones | Afp | Getty Images Between rents rising and most pandemic-era eviction bans having expired, the number of tenants coming home to find notices on their doors is picking up. In just the first week of January, the Eviction Lab at Princeton University has counted more than 9,300 evictions in the nine states

Nursery design styles have truly evolved in recent years. Today’s most lauded baby and children’s rooms are sophisticated with a style that often reflects the vibe of the rest of the home. When it comes to chic nursery design, there isn’t an interior designer whose work has taken off quite like that of Naomi Coe,

home is being built in in Rio Verde Foothills, Arizona, U.S. on January 7, 2023. The Washington Post | Getty Images Developers planning to build homes in the desert west of Phoenix don’t have enough groundwater supplies to move forward with their plans, a state modeling report found.  Plans to construct homes west of the

Color never stops being interesting, but right now we see a resurgence of interest. Searches for ‘how to choose a paint color’ are up 49% compared to this time last year, with 7,500 people searching for the term last month alone. Considering the rising cost of living, paint can be used as a relatively affordable

Our kitchens are not what they used to be. Once mere workspaces, they have become the rooms where families spend a majority of their time. No one knows this better than the Italian home appliance manufacturer founded in 1882 by Francesco Bertazzoni, which makes it the longest-standing family-owned appliance brand. “One of the positive things

To live in the Mexican town of San Miguel de Allende is to live close to the past as well as the very vibrant present. Authentic Spanish-Colonial buildings — brightly painted along picturesque cobblestone streets — and period churches have forged the town’s reputation as a must-see destination for world travelers. The 64-block city center

Just off the coast of Miami Beach, on ultra-exclusive Fisher Island, there is one crane on one construction site. It is the last plot of land available for development and an unlikely bet on luxury real estate at a time when the housing market appears to be in freefall. Jorge Perez, also known as “the

Homes are selling at their slowest pace since the housing market nearly ground to a halt at the beginning of the pandemic, according to a new report from Redfin, a technology-powered real estate brokerage. The typical home that sold during the four weeks ending January 8 was on the market for 44 days, the longest

In 2022, Sweden’s central bank undertook an aggressive interest rate hiking cycle that ricocheted through the property market. JONATHAN NACKSTRAND / Contributor / Getty Images Sweden’s property prices are facing a serious drop as the country’s former central bank governor warns of lofty household debt levels. House prices in Sweden have risen fairly reliably over

As 2023 begins, how should real estate agents best consider profitable avenues to which to dedicate time and resources? Here are a few ideas, starting with the most global and then becoming more specific: Be a good citizen. On the macro level, this may be the most important thing any agent can do. Participate in

In light of China’s reopening and easing of Covid rules, Hong Kong’s property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong.   The retail market in particular will reap the “best benefit,” Hannah Jeong, Colliers’ head of valuation and advisory services, told CNBC’s “Squawk Box Asia” on

The Oregon home of former Portland Trailblazer CJ McCollum has come on the market just outside West Linn, a suburb of Portland. The NBA shooting guard was traded early last year to the New Orleans Pelicans, where he has put on an impressive showing scoring 40 and then 42 points in late December games. Also