National Real Estate News

Jan. 22, 2019

Home remodeling projects owners most regret

NEW YORK – Jan. 18, 2019 – Remodeling isn’t as easy as it looks on TV, but many owners don’t realize it until they tackle a job on their own.

Nearly two-thirds of homeowners who’ve attempted a do-it-yourself house project say they regret not calling in an expert on at ...

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Jan. 18, 2019

Mortgage rates steady: 30-year at 4.45% for second week

WASHINGTON (AP) – Jan. 17, 2019 – U.S. long-term mortgage rates held steady this week, after falling for six straight weeks to reach their lowest levels in nine months.

Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year, fixed-rate mortgage was unchanged from last week at ...

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Dec. 20, 2018

Census Bureau: Florida tops for ‘net domestic migration’

WASHINGTON – Dec. 19, 2018 – The U.S. population grew by 0.6 percent over the past year, according to the U.S. Census Bureau.

Larger states such as Florida aren't usually in the running for "highest percentage growth" since their base populations are so large going in ...

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Dec. 14, 2018

More homes sell for less than asking price

MIAMI – Dec. 13, 2018 – According to the National Knock Deals Forecast, uses data for both predictive and historical analyses from ATTOM Data Solutions, the percent of home sellers who eventually sold for less-than-asking price in 2018 was about 2 in 3 (62 percent).

Of those homes that sold ...

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Dec. 10, 2018

Study: Florida top state for in-migration from other states

CHARLOTTE, N.C. – Nov. 5, 2018 – LendingTree's latest State Migration Study discovered that 12.1 percent of homebuyers across the country plan to change states and most plan to head south – and the largest number prefer Florida. It's the top destination for residents of 15 ...

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Dec. 5, 2018

Freddie Mac to back new loans for manufactured homes

McLEAN, Va. – Dec. 4, 2018 – Freddie Mac announced a new loan product for manufactured housing as a way to boost the U.S. supply for affordable homes.

Freddie says its CHOICEHome conventional financing for manufactured housing will help increase the availability of quality affordable homes by providing lenders ...

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Nov. 30, 2018

What happens to a house after one spouse dies?

FORT LAUDERDALE, Fla. – Nov. 29, 2018 – Question: I am concerned about what will happen to my house if my husband passes away. Will I be allowed to keep the house and make mortgage payments, or sell it if I want to? – Nancy

Answer: In most cases, you ...

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Nov. 29, 2018

Forget marriage – more young adults prefer homeownership

NEW YORK – Nov. 27, 2018 – When asked about life priorities, millennials name homeownership as their second-highest goal behind retirement – and before marriage and having children, according to Bank of America's 2018 Homebuyer Insight Report.

Seventy-two percent of millennials say owning a home is a top priority ...

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Nov. 12, 2018

Buyers finding it easier to qualify for a mortgage

NEW YORK – Nov. 9, 2018 – Clearing the hurdles to qualify for a mortgage used to be much harder. House hunters with too much debt had their home-buying hopes dashed after being denied a mortgage.

That's changing as mortgage lenders ease lending guidelines to expand mortgage credit to ...

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Nov. 7, 2018

You’re never too old to buy a first home

NEW YORK – Nov. 6, 2018 – A home purchase later in life comes with considerations unique to seniors.

Where is the cash coming from?
If you tap retirement savings, make sure you're old enough to avoid an early withdrawal penalty. You may be exempt if you're a ...

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