REAL ESTATE - TRENDING NOW

By BRUCE V. GALLANT, CPA/REALTOR LEOMINSTER, MA | Real Estate Info (Updated Weekly) For Buyers, Sellers, Investors & Brokers BGallant@C21NorthShore.com

Too many homebuyers and not enough homes

Across the Charles River from Boston is Cambridge, one of those places where people can't seem to buy enough real estate. No matter what size or …

Real Estate

Seattle retains title of hottest housing market in the country with Portland right behind

Seattle home values continue to skyrocket, rising at a rate of more than double the national average in July.<p>According to the latest installment of …

Real Estate

Home loan affordability improved 4.4pc over past year, PRDnationwide says

Housing loan affordability improved 4.4 per cent across the country in the 12 months to March driven by Victoria, the latest quarterly report by …

Real Estate

OSC: Don’t bank on rising home prices to fund your retirement

The Ontario Securities Commission has a warning for those approaching retirement: don’t bank on rising home prices to fund your golden years. In a …

Retirement

One Big Reason Millennials Want Smaller Homes

Ok, so maybe millennials aren't settling in cities en masse like we thought they were. However, they're still changing the housing market in small …

Real Estate

Home Prices in 20 U.S. Cities Increase More Than Forecast

Home prices in 20 U.S. cities climbed more than forecast in July, reflects solid demand against a backdrop of modest listings of properties, figures …

Real Estate

Real estate: High home prices may be hitting their limit

There is so much demand for housing and so few homes for sale that prices have nowhere to go but up — unless, of course, they get so high that potential buyers have no choice but to back away. That may be what is happening now.<p>After hitting a peak in March of this year, price gains month-to-month …

Real Estate

Selling & Buying Real Estate: How to Get the Most Out of the Deal

Are you shopping for a new home? How exciting! You and your realtor have probably been racing to get your offers in since in most locales it is a …

Real Estate

Eyeing a Second Home? 5 Reasons You Could Suffer Buyer’s Remorse

Photo by goodluz / Shutterstock.com<p>As many people near the finish lines of their careers, they’re tempted to purchase second homes.<p>Many real estate …

Real Estate

Does a Basement Count in the Square Footage of a Home?

This is the tale of two basements in otherwise comparable houses. One is a finished basement with a den, bedroom, and full bath. The other basement …

Real Estate

The London housing bubble has finally burst

Britain’s housing market is cooling down. The Nationwide’s house price index for August shows house prices across the country rising at an annual …

Real Estate

How an early retiree can get a mortgage without a steady income - MarketWatch

Most early retirees have no pension, annuity or Social Security income. Even if you’re a traditional retiree, you might have only one of those income …

Mortgages

'Can I Legally Sell My House to My Spouse?' Here's What You Need to Know

It might sound like a line from a book by Dr. Seuss, but "Can I legally sell my house to my spouse?" is a legitimate question. It comes up …

Real Estate

Top 5 reasons to refinance and the pros and cons of each

1. Lower monthly payments.<p>2. Lower interest rate.<p>3. Switch to a fixed rate.<p>4. Reduce your loan term.<p>5. Cash-out refinance.<p>Reason 1.<p>Lower monthly …

5 Tricks For Lowering Your Property Tax

Property taxes can be extremely burdensome for a homeowner. They tend to rise steadily over time and, even once you pay off your mortgage, the taxes …

Think Interest Rates Are Going Up? Banks Don't

After years of waiting for interest rates to rise, some banks are lending as if that day will never come, loading up on a record amount of loans and securities that carry low rates for long periods.<p>The percentage of bank assets that won’t mature or change rates for more than five years reached a …

Finance

Luxury townhouses prove a hit with househunters

Would-be homeowners are snapping up the properties at a luxury Salford townhouse development just a stone’s throw from the hustle and bustle of …

Manchester

What Are the Property Tax Differences Between Buying a Newer Home vs. an Older One?

In Los Angeles, bond measures and renovations affect your tax bill more than the house’s age<p><i>Every week, Mansion Global poses a tax question to real</i> …

Real Estate

Why Americans are shunning new homes and opting to stay put, renovate instead

When John Gedwill's family outgrew its Glen Ellyn home, he didn't consider looking for a bigger place.<p>His memory of the housing crash a decade ago was still too fresh.<p>"Real estate isn't the greatest investment," said Gedwill, an electrician who lost money on a condo in Rockford during the crash and …

Real Estate

What You Need to Know Before Getting Into a Bidding War

If you're hoping to buy a property in a competitive market, then you probably know that a bidding war with another hopeful buyer may be in the cards. …

Real Estate

L.A. Has More "$1 Million Neighborhoods" Than Any U.S. City Except New York

One of the clearest examples of Los Angeles’ intractable housing crisis can be found on the upper end of the local real estate market. In 2015, the …

China Home Prices Rise in Fewer Cities as Market Cools

China home prices rose in fewer cities in July, adding to signs the property market is cooling.<p>New-home prices, excluding government-subsidized …

Stop and Think: How Much House Can You Really Afford?

If you’re thinking now’s the time to pull the trigger on a home purchase, you’ll be jumping in at a time when housing prices are rising, and in some …

Money

$350-million price for U.S.'s most expensive home gets mixed reviews among agents

It’s the most expensive home to hit the market in the U.S., but does it live up to its $350-million price tag? Real estate agents from across the country share their thoughts on Chartwell, the Bel-Air estate of late billionaire businessman A. Jerrold Perenchio, and its chart-topping listing.<p>I can’t …

Real Estate

Boston home prices vs. other major U.S. cities: How do they stack up?

Comparing numbers<p>Everyone knows—or should know—that Boston is one of the most expensive cities in the United States for buying a home.<p>A recent analysis from real estate research site NeighborhoodX pegged the average asking price for market-rate Boston abodes not being sold as development sites at …

Real Estate

10 cities where millennials are buying homes — and 10 they won't touch

With staggering student loans, fewer affordable starter homes and lower earnings than the previous generation, young adults own fewer homes than ever.<p>Considering the reputation millennials have in the media for poor financial skills — avocado toast, anyone? — it's no surprise the millennial …

Millennials

It’s not just you — there really are fewer homes for sale with inventory at a 20-year low

Roger Yu and Paul Davidson, USA TODAY<p>Can't find a house to buy? Blame Baby Boomers.<p>The number of residential houses available to buy is at a 20-year low as the appeal of McMansions wanes and Baby Boomers grow increasingly reluctant to trade up or down from their current homes, according to a survey …

Real Estate

We're Definitely Not In A Housing Bubble

<i>By FS Staff</i><p>In 2005 and 2006, Financial Sense regularly warned that US housing was in a bubble. Now, with the national average above the 2006 peak …

4 of the 10 Largest U.S. Real Estate Markets Are Now ‘Overvalued’

Like the stock market, the U.S. housing market seems to climb every month. Home prices nationwide, including distressed sales, increased again in …

Real Estate