Nov 21, 2022 | Home Buying 101
By Clare Trapasso Nov 21, 2022 (Design by Realtor.com / Getty Images (2)) The drumroll of bad tidings in the housing market was interrupted last week by a glimmer of good news. Finally. Soaring mortgage interest rates, which have caused deep financial...
Nov 16, 2022 | EAR Local News, Real Estate
By Aarthi Swaminathan Nov 16, 2022 (Getty Images) Home prices will fall by 8% next year, but high mortgage rates and a possible recession will continue to hurt affordability, a new report says. In a report published this month, independent research firm Capital...
Nov 14, 2022 | Real Estate
By Adriana Velez Nov 10, 2022 (SasinParaksa/iStock) The best way to seal granite countertops is a bit of knowledge that you’d better have if you’re a homeowner—that is, if this granite surface is where you prep your meals. While this natural stone countertop...
Nov 9, 2022 | Home Buying 101, Real Estate
By Lisa Kaplan Gordon Nov 7, 2022 (Getty Images) As the name suggests, bridge loans offer a short-term loan or “bridge” that allows borrowers to purchase new real estate property by using the home they currently own as collateral. A bridge loan is definitely...
Nov 7, 2022 | Home Buying 101, Real Estate
By Clare Trapasso Nov 7, 2022 (Getty Images) Since home prices shot into the stratosphere, many first-time buyers have prayed for them to fall so that they could afford to become homeowners. Their wishes appear to have been granted—and yet, they’re...
Nov 1, 2022 | Real Estate, Trends
By Meera Pal Nov 1, 2022 (Getty Images) Homeowners across the country are sitting on a record amount of home equity. Home equity refers to the difference between the current value of a home and how much is still owed on the mortgage. Therefore, if you have a...
Oct 31, 2022 | Real Estate
By Kimberly Dawn Neumann Oct 19, 2022 (Getty Images) For the past few years, anyone who wanted to sell their home was pretty much guaranteed a buyer, but that’s no longer the case. During the height of the COVID-19 pandemic, a seller’s market reigned,...
Oct 25, 2022 | Real Estate, Real Estate News
By Margaret Heidenry Oct 25, 2022 (Getty Images) Forget simple curb appeal. More affordable real estate markets that offer some much-needed relief from soaring prices and punishing inflation are what’s attracting homebuyers this fall. So where are these red-hot...
Oct 21, 2022 | Home Buying 101, Real Estate
By Cathie Ericson Oct 12, 2022 (Getty Images) Getting pre-approved for a mortgage before you make an offer on a house is a smart idea. Why? For one, it can help you get a handle on how much house you can afford. Pre-approval can also help you stand out from...
Oct 11, 2022 | Consumer News and Advice, Real Estate
By Clare Trapasso Oct 11, 2022 (Getty Images/Realtor.com) Higher mortgage interest rates have taken a battering ram to the housing market. Since the start of the year, mortgage rates have more than doubled. They’ve blown past all expectations, nationally...