Sunday, 23 February 2025

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Slight Increase in Interest Rates Causes a Drop in Mortgage Applications

A lot of buyers have been flocking the market in this busy spring home buying season because of the low mortgage rates. While a lot of people are taking advantage of the rates nearing its lowest in three years, a recent report shows that there was a drop in the number of mortgage applications because of a slight increase in the interest rates.

First-Time Buyers Opt Out of Buying a Home Because of Credit Scores

First-time buyers comprise the majority of potential homebuyers in this market. However, a recent report shows that one in five future first-time homebuyers are more likely to opt out of buying a home altogether. Why is this the case?

Gwyneth Paltrow Buys a Fixer-Upper for $4.9M; Opens up About Split with Chris Martin

Gwyneth Paltrow has joined the growing list of celebrities who are into buying a fixer-upper, as she recently purchased a home in Santa Barbara, CA for $4.9 million. The 43-year-old actress also opened up on her divorce from Coldplay frontman, Chris Martin.

EDITOR'S PICKS

Can You Get Away with Lying to Your Landlord?

A lot of millennials are attracted to renting a home over owning one because the former often entails lesser responsibilities than the latter. While such is the case and the landlord is usually the one responsible for the property, there are still a handful of duties and responsibilities that renters need to keep in mind. Can you get away with lying to your landlord?
By Staff Reporter
What’s Keeping Millennials from Buying a Home?

Millennials comprise the majority of potential homebuyers in the real estate market. This is the reason why several homes are already being constructed, which are more affordable to cater to the younger market and first-time buyers. Despite these measures, a recent report shows that homeownership rate in the U.S. is close to its lowest in the last 48 years. What is keeping millennials from buying a home?
By Staff Reporter
House Selling Tips: Should You Add Videos to Your Listings Aside from Photos?

Photos are a must when selling a house in the real estate market. While photos are often enough to tell a story to potential buyers, several sellers are already making use of videos to attract even more buyers into viewing their homes. Is it time for you to join the trend and add videos to your listings?
By Staff Reporter
Average Down Payment Drops Slightly in First Quarter of 2016

Good news for first-time buyers who are looking to scout a more affordable home in this crazy, spring home buying season: the average down payment dropped slightly during the first quarter of 2016. In which areas in the U.S. can buyers find a home with lower down payment
By Staff Reporter
Celebrity Homes: What's Inside Gwyneth Paltrow's New Santa Barbara Mansion

After listing her Tribeca apartment, the Oscar-winning actress has now dropped $4.9 million on a luxurious estate home in Santa Barbara, California.
By Staff Reporter
Celebrity Homes for Sale: Prince, Chris Hemsworth, John Gutfreund

Here's our top pick of hot properties among celebrities for the week. Prince's Spanish Villa The villa previously owned by Prince has been trying to find a buyer for two years already.
By Staff Reporter
House Buying Tips: How to Find the Best Mortgage Company for You

Mortgage payments are long-term commitments, as you will most likely be paying it for 15 or 30 years of your life depending on your term. Given this long commitment, you may want to choose for the best mortgage out there for you, as this will determine the payments you will be making for quite some time. How do you know which mortgage company or lender is best for you?
By Staff Reporter
What to do When the House You Want to Buy Has an Easement

Finding a home to buy in this crazy spring home buying season can often be an accomplishment. Recent reports state that buyers often need to go through six to eight offers in order to buy a new home to live in. What happens when you realize that the home you are eyeing on has an easement?
By Staff Reporter
3 Steps You Need to Take Before Hiring a Contractor for a Home Repair

Home repairs are often a common cause of a headache among homeowners because of the cost, time and effort it would entail. While some homeowners would resort to doing the repairs on their own, unfortunately, not everything can be solved by DIY and would, therefore, call for a need for a professional to do the work for you.
By Staff Reporter
Real Estate News: More Homes Go Under Contract Despite Low Inventory

It is a seller’s market out there right now, as buyers flock the market in hopes of finding a new home to live in. While there has been an increase in the demand for more homes, a recent report shows that there remains a tight inventory of homes for sale.
By Staff Reporter