Thursday, 21 November 2024

Reporter: D. Ong

US-ECONOMY-INDICATOR-REAL-ESTATE

'Homes in These 10 Small Towns Have Prices of Over $400,000, Nearly as Expensive as Major Coastal Cities

A recent study analyzed median home values in town with a population between 10,000 and 50,000 and found that home prices there are comparable to those in metropolitan areas.

Brown Paint, Wood Paneling

'4 Outdated Home Design Trends That Are Coming Back

Home design trends come and go, but some outdated details are now making a comeback. Here's a look at the top four.

Prince Harry and Meghan Markle Oprah interview

'Inside Meghan Markle’s $1.4M Toronto Bachelorette Pad Where She Lived Before Marrying Prince Harry

Meghan Markle's three-bedroom, two-bathroom bachelorette pad features an eat-in kitchen, sun0-filled bedrooms, and spa-inspired bathrooms.

EDITOR'S PICKS

'Fed Cuts Interest Rates Down to 4.8%; Here’s What It Means for the Housing Market and Mortgages

The central bank's recent cut could bring mortgage rates down for the 30-year term and encourage sellers back into the market.

By D. Ong
'Los Angeles Breaks Ground on Mixed-Use Costco Building With 800 Apartment Units

The mixed-use building will use Costco as the anchor retail tenant and feature 184 housing units for low-income Americans earning $41,610.

By D. Ong
'Is the American Dream Impossible? 60% of Americans Say They Don’t Feel Capable of Owning a Home

A survey found that more than half of Americans do not believe they can afford a home in today's housing market, with 53% citing the inability to afford a down payment as the reason.

By D. Ong
'Mariah Carey Racked up More Than $18M in Mortgage Debt on Penthouse She Bought for $9M

The singer-songwriter took out $18.6 million in home loan on her Tribeca penthouse, with $10.6 million in cash advances.

By D. Ong
'These 10 States Lead the Nation for the Most Expensive Homeowners Insurance: Report

The average cost of home insurance in the United States is $2,285 nationally, but prices could soar to $5,600 in some states.

By D. Ong
'Real Estate Tip: Should You Pay Your Real Estate Agent if You Don’t Buy or Sell a House?

In this article, we'll explain what happens when a real estate transaction falls through, including whether or not you owe your agent a commission.

By D. Ong
'Homeowners Whose Properties Are Featured Online Faces New Threat From Burglars, Thieves

There have been a growing number of cases where criminals used online services such as Google Maps and Zillow to look for potential homes to rob.

By D. Ong
'60% of Baby Boomers Said Younger Generations Can’t Afford a Home Because They’re Not Trying Hard Enough

A recent survey from Clever Real Estate polled 1,100 boomers and asked them why they believe the younger generation could not afford a home in today's housing market.

By D. Ong
'Here’s How Much Your Monthly Mortgage Payments Will Fall After the Fed Cuts Rates

The contract rate for the 30-year and the 15-year fixed terms are expected to fall between 25 basis points to half a percentage point after the Fed cuts its interest rates.

By D. Ong
'Rent Prices Rose Faster Than Home Values for the First Time in 10 Years, Renters Remain Cost-Burdened

Rent prices rose 3.8% in 2023 while the median home values only rose by 1.8%.

By D. Ong
'Will Silver Tsunami Forecast Come True? 50% of Boomers Never Plan To Sell Their Home, Study Finds

Boomers who said they did not plan to sell their homes cited finances, their mortgage rates, and emotional attachment as reasons for not wanting to list their properties.

By D. Ong
'5 Entryway Clutter You Can Organize Today

A cluttered entryway is an eyesore, but it doesn't have to be. Here are some items you can remove from the entry today.

By D. Ong