Real Estate

By Todd Waller | Curated articles on real estate, from a destroyer of the real estate fortress of suckitude.

Planning To Buy A Home? 5 Things To Know About The 2018 Housing Market

Are you thinking about buying a home in 2018? You’re not alone. Across the country, lots of people are trying to decide whether to make that leap into homeownership next year. So, since 2017 is coming to a close, we decided to write up our thoughts on where the housing market stands today and what …

Real Estate

How to buy a home without a mega down payment

For cash-strapped Millennials, saving for a down payment on a home can be downright daunting.<p>If a traditional 20% down payment sounds out of reach, you'll be happy to know that some mortgages will allow you to put down as little as 3.5% of your home's purchase price.<p>But there's a catch. Putting …

Mortgages

Bitcoin and the Blockchain Are Disruptors in Global Real Estate

Cryptocurrencies and smart contracts could improve transparency, speed and security of property transactions<p>In recent weeks, stories about bitcoin …

Bitcoin

Millennials' New Weapon in Bidding Wars: A Parent's Home Equity

Call it the mortgage merry-go-round: Parents refinance their home to fund the full cost of their son or daughter’s desired home. This allows the child to compete as a desirable all-cash buyer in an area where bidding wars are common. Then, when the purchase closes, the child refinances the new home …

Mortgages

10 Strangest Questions Buyers Have Ever Asked About a House

Long before home buyers decide a certain place <i>must</i> be theirs, it behooves them to ask a lot of questions. For example: "How's the neighborhood?" or …

Real Estate

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× It looks like Cookies are disabled in your browser. For the best experience, please enable cookies when using our site.<p>Blocked IP Address<p>Your IP …

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Who Will Buy Baby Boomers' Homes?

Years ago, housing experts predicted a housing crisis brought on by “the great senior sell-off.” But the seniors aren’t selling—yet.<p>A recent report from Harvard’s Joint Center for Housing Studies forecasts that the remodeling industry will remain robust over the next ten years. The growth will be …

Housing

Housing Trends Will Keep U.S. Interest Rates Suppressed

An aging population will be starting to downsize.<p>If we’re all downsizing, who’s upsizing?<p>That question should be critical to aging and retiring baby boomers whose main “asset” is the equity in their homes. If current demographic trends remain in place -- and there is not a shred of evidence that …

Economy

Affordability, Tight Supply Cause Vacation Home Sales To Plummet In 2016

Last year’s strongest pace of home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors, according to an annual second-home survey released today by the National Association of Realtors. The survey additionally found that vacation and …

Real Estate

50 ways house hunters can get ready for homebuying season

Spring will very soon have sprung — which means “For Sale” signs will be in full bloom — and if you’re hoping to buy a home this year, get ready for a competitive market. Thanks to the Federal Reserve’s continuing rate hike teases and some economic improvements, you can expect to run into plenty of …

Mortgages

A Mismatch of Home Buyers and Sellers Points to Pain This Year

The divide between the prices of homes Americans want to buy and the inventory of such homes is growing, suggesting first-time home buyers and high-end sellers might have a difficult year ahead of them.<p>Across the U.S., 27% of online home searches in the fourth quarter were for starter homes, but …

Real Estate

How Much Mortgage Can You Afford? | Investopedia

The housing slump hasn't entirely ended. But in many parts of the country, residential real estate is coming back big time, and – even allowing for …

Buying a House in 2017? Know These 5 Rules

Buying a house is a huge financial undertaking. If you're planning to become a homeowner come 2017, here are five rules you should know by heart.<p>IMAGE SOURCE: GETTY IMAGES.<p><b>1. It never pays to be house poor</b><p>You may be tempted to stretch your budget and buy that larger home with the bigger yard, but …

Mortgages

3 Charts That Show the Housing Market Has Finally Recovered

Americans are taking out mortgages like they haven’t since the Great Recession.<p>According to the Federal Reserve’s flow of funds report, total …

Economy

The Federal Reserve prepares to raise interest rates again

AMERICA’S central bank tries to be predictable. When in December 2015 it raised interest rates for the first time since 2006, nobody was much …

Economy

First look: Caliber Home Loans new fully digital mortgage will close in 10 days or less

For consumers and lenders alike, the mortgage process can be a cumbersome and time-consuming process.<p>Recent data from <b>Ellie Mae</b> showed that on …

What Are Some Tax Write-Offs Related to the Purchase of a New Home?

Consider Points, Prepaid Interest, Prorated Real Estate Tax and Tax Credits<p><i>Every week, Mansion Global poses a tax question to real estate tax</i> …

Real Estate

Canadian, World, Politics and Business News & Analysis

CANNABIS INDUSTRY Aurora nears takeover deal for CanniMed, sources say Subscriber content<p>TRADE Canadian industries split on new TPP trade deal<p>Opinion Amid NAFTA uncertainty, TPP is next best thing for Canada Subscriber content<p>Canada offers to engage on Trump’s toughest demands in effort to spur …

Canada

Foreclosures are suddenly spiking across America

The total number of homes with foreclosure filings jumped 27% in October from September, when they’d been at the lowest level since 2006. It was the biggest jump in monthly foreclosure filings since August 2007.<p>Compared to October last year, homes with foreclosure filings still decreased, but this …

How Much Home Can I Afford? Find That Magic Number Here

Long before you start asking yourself what <i>type</i> of house you want -- condo or house? Craftsman or Ranch style? -- you should ask yourself a more pragmatic question: How much home can I afford?<p>After all, it's no secret that your dream home can quickly turn into a living nightmare if you're struggling …

7 signs you can't afford to buy a home

If any of these signs strike a chord with you, you may want to delay taking on a mortgage in the near future.<p>Making the leap from renting to buying …

Buying Your First Home? Better Make Sure It Has These 4 Things

Finding the perfect starter home is a journey as well as a destination. You've got to know what you want, then adjust expectations to meet the reality of the market. In the end, you don't have to settle on your "forever home" -- just a place you'll call home for at least five to seven years.<p>But …

When Is the Best Time to Buy a Home?

When the weather outside is frightful...<p>Home sales tend to rise along with the temperature. According to Realtor.com, 50% of homes are sold in …

Real Estate

The housing crisis is great news for America

There's a part of the new housing crisis that tells us good news about the US economy.<p>Right now, inventory levels are not enough to service potential homebuyers in many markets.<p>This imbalance has contributed to a rise in home prices that is locking many out of homeownership. San Francisco is …

US housing data still isn't looking too good

Garnering much less attention than last week’s GDP report were the housing figures.<p>In particular, we received figures on homeownership, vacancies, housing stock, and a host of other relevant indications on the state of the American housing market.<p>Perhaps the saddest figure of the bunch is the …

The National Housing Conundrum: Is There a Supply or Demand Shortage?

<b>Executive Summary</b><p>The biggest obstacle to a more balanced market between buyers and sellers is a lack of homes for sale. Many areas across the country …

The next housing crisis is here

The next housing crisis is here.<p>And this time the crisis is all about one thing: supply.<p>Following the mid-aughts housing bubble that saw homeowners across the country get themselves upside down in homes and mortgages they couldn't ever afford to repay — a crisis that was as much about too much …

6 Ways to Win a Bidding War in a Hot Housing Market

Consider writing a "love letter" to the seller.<p>If you’re shopping for a house in one of the country’s hottest real estate markets, where the supply …

Real Estate

Low Inventory Ann Arbor Home Buyer Options

<b>Be prepared!</b> Like the Boy Scout motto, be sure to have all of your ducks in a row before you become serious about purchasing a home. This means …