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Rents Continue to Increase for Residential Properties
Demand for rentals remained strong in March, according to the latest REALTORS® Confidence Index. Among those REALTORS® involved in a rental, 48 percent (46 percent in February) reported higher...
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5 Tips for Millennial Home Buyers
In previous generations, many people bought ‘starter’ homes while in their 20s or 30s. The world moved at a much slower pace then. People tended to stay put in the cities where they grew up. They...
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Current Mortgage Rates Put Millions Of Homeowners “In The Money”
CURRENT MORTGAGE RATES “IN THE MONEY” FOR MILLIONS Current mortgage rates are at their lowest levels of 2014, and at a 15-month best. Along with rising home values, it’s an excellent time to buy a home...
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Consumers Expect Rents To Rise 2x Faster Than Home Prices In 2015
The U.S. economy is improving and, with it, rents are rising nationwide. In many U.S. markets, on a monthly basis, it’s more expensive to rent a home than to own one. Thankfully, the expanding economy...
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REVIEW: Housing Affordability for August
At the national level, housing affordability is down from a year ago for the month of August as higher prices make it less affordable to purchase a home despite rates having another slight decline....
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Renting Now Half as Affordable as Buying in the US
A new Zillow affordability report found that US renters can expect to spend 30 percent of their income on housing, while home buyers spend just 15 percent. As rent soars across the US, Zillow found...
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Rents Will Stay High for Years, Experts Say
With each annual rent hike, more renters are leaning toward homeownership. Like a lot of people, Mark Stevenson has had it with rent prices. His Walnut Creek, CA apartment complex raised the rent last...
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10 Reasons 2015 Will Rock for Real Estate
After a slowdown in the market this year, housing analysts and economists have high hopes for 2015. The real estate market is expected to build momentum across the board next year, mostly because of a...
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4 Reasons to Buy a Home This Spring
By Vera Gibbons of Zillow.com It’s not just temperatures and tulips that are on the rise these days. Interest in home buying is way up, too. The home buying season is about to get under way, and it’s...
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It’s Harder Than Ever to Afford the Monthly Rent
While rents are less affordable than ever, monthly mortgage payments are still within reach of people making the median income in most places. It’s getting harder for people to afford rents, but paying...
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