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Is foreclosure the best option for elderly person seeking to unload home with underwater mortgage?
REAL ESTATE MATTERS | We’re not fans of just letting the bank foreclose on homes. We think foreclosure should be a plan of last resort......»»
Second home market surges
TOWN SQUARE | Second home demand accelerated faster than demand for primary homes, which increased by 50 percent in October compared with October 2019, according to Redfin......»»
Hottest "Hoods, Q1 2020: For overall home sales, the rise before the fall?
The first set of the PBJ's Hottest 'Hoods data for 2020, and it's nothing if not revealing. Primarily, there were 7,276 homes sold in the Portland metro-area's 98 ZIP codes between Jan. 1 and March 31. That's an increase of 8.5 percent over 2019's f.....»»
Is your house worth more than $200K? If so, it’s in the top 25% in WNY
Slightly more than 100,000 Western New York homes — 100,835, to be exact — are valued above $200,000, according to the U.S. Census Bureau. That means roughly a quarter (23.5 percent) of the eight-county region’s 428,900 owner-occupied homes exc.....»»
Number of homes listed last month declines 15 percent from March 2019, report shows
The national median listing price in March was 3.8 percent higher than in March 2019......»»
Millions of American homeowners see fortunes improving, study finds
Only 3.5 million homes with mortgages in the U.S., roughly one in 15, were “seriously underwater.".....»»
Tesla rival Nio’s stock surges, but it’s still far below last year’s IPO price
Tesla Inc. rival Nio Inc.'s stock jumped Monday, thanks to better-than-estimated quarterly numbers and its CEO’s pledge to do better — but the company is still deeply underwater from where it started in 2018. Nio’s stock was up about 25 percent as.....»»
These are Orlando"s most equity-rich ZIP codes
Central Florida homes are likely to have more equity than debt, according to a new study released on Nov. 7. According to the study, 1.07 million properties in the Sunshine State were equity-rich in third-quarter 2019, 26% of the total mortgaged propert.....»»
Consumers are shopping for homes and buying them too
The survey covers over 75 percent of all U.S. retail residential mortgage applications and has been conducted weekly since 1990......»»
International homebuyers added $7.8B to Texas economy, report says
International buyers of Texas homes contributed $7.8 billion to the state's economy last year, and 10 percent of all homes bought by international buyers in the U.S. were in Texas......»»
Houston home sales on hot streak with second-best month ever
Houston-area home sales just broke an all-time record in July, and now August has taken the No. 2 spot, according to the Houston Association of Realtors. Local single-family homes sold in August totaled 8,679, up 3.9 percent year over year and just .....»»
Dispelling the Myth of the 20 Percent Down Payment
Since hitting a low point of 63 percent in 2016, the homeownership rate has rebounded, largely driven by millennial households purchasing their first homes. Many surveys, like one by Bank of the West, indicate .....»»
Atlanta July home sales up nearly 2% from June, sale prices up more than 6% year to year
Metro Atlanta home sales were up nearly 2% in July compared to June, and median and average sale prices were up more than 6 percent year-over-year, according to a report from the Atlanta Realtors association. But total sales in July of 5,938 homes .....»»
50 photos show how obsessed the wealthy are with underground mansions
Multi-million-dollar homes for the 1 percent are hardly eyebrow-raising — unless they happen to extend stories beneath the earth's surface......»»
(SLIDESHOW) Need a break? Check out the states with the most vacation homes
Summertime and the livin’ is easy – especially when you own a vacation home. And here in North Carolina, the percentage of overall vacation homes sits at about 4.6 percent. That’s good enough to place in the top 20 in the U.S., according to a .....»»
Almost 40 percent of US homes are free and clear of a mortgage
More Americans are living mortgage-free......»»
Greater Cincinnati"s most expensive home sales in June: PHOTOS
The prices of the 10 most expensive homes in Greater Cincinnati in June fell below those from May as well as one year ago. The average sale price for the top 10 homes sold last month was more than $1.5 million, down 22.7 percent from a year ago w.....»»
These were the most expensive home sales in Jefferson County in May (PHOTOS)
Home sales in Jefferson County picked up a bit in May after a slowdown in April. The Greater Louisville Association of Realtors reports that the number of homes sold by its members in Jefferson County last month rose 1.1 percent, to 1,172. For the y.....»»
Existing Homes: Low Mortgage Rates Revive Sales
Fueled by low mortgage rates, existing-home sales in May sprang 2.5 percent, with inventory leveling up to 1.92 million, according to the latest National A.....»»
By and Large a Positive Recovery, Homeowners Say
According to 66 percent of homeowners, their homes have recovered in value, and at a higher level than prior to recession—this, despite 46 percent who believe their homes were impacted negatively in that.....»»