If your listing has a dedicated home office, consider playing it up in your marketing. With more Americans telecommuting for work, the need for a home office is growing, according to a new Forbes.com report. Nearly 3 percent of the U.S. workforce—or about 4 million workers—now telecommutes for at least half of their work time.Between 2005 and 2015, regular remote work surged 115 percent, Forbes.com notes. Builder Magazine has called
Despite recent declines in home sales, sluggish growth in single-family home construction, and mounting affordability concerns, first-time buyers are outperforming other segments of the market, according to a new report released by Genworth Mortgage Insurance. “The first-time home buyer market has been more resilient during the [housing] slowdown compared to repeat buyers,” writes Tian Liu, chief economist at Genworth Mortgage Insurance.About
Most young adults have financial regrets about their home purchase, a new Bankrate survey shows, but much of their grief could have been avoided with proper planning. That’s where you come in: Younger buyers have a need for more professional guidance about the costs of homeownership.Sixty-three percent of millennial homeowners—more than any other generation—expressed buyer’s remorse, most often pertaining to closing costs, home maintenanc
Referred by Karen BenedictAbout Marilyn I have been a licensed REALTOR® in Texas since 1995 and have a real passion in selling homes toprospective buyers and sellers. I believe in giving extraordinary service to experienced and first timebuyers and sellers by working closely with them to fulfill their needs while working within their budget. Every client is a unique experience which I thoroughly enjoy. iProcurrently deals th
The number one way younger millennials and Generation Zers learn about brands is from friends and family, outpacing Google, social media, Amazon, retail stores, and television in descending order, according to a recently study of 18- to 29-year-olds by Swift Prepaid Solutions, a payments technology provider.As digital natives, members of this group of emerging buyers are highly tech-savvy, and, like their older counterparts, prefer
More Americans are becoming homeowners. The national homeownership rate increased slightly to the highest level since 2014 in the fourth quarter of 2018, reaching 64.8 percent, the U.S. Census Bureau reported this week. The homeownership rate has been gradually increasing since reaching an all-time low of 62.9 percent in the second quarter of 2016.Researchers at data analysis firm CoreLogic attribute the housing market’s “healthy path of reco
After declining for three consecutive weeks, mortgage rates are in a holding pattern. The 30-year fixed-rate mortgage is lower than its average a year ago.“Mortgage remained mostly unchanged this week, while mortgage applications rose 5.3 percent from the previous week,” says Sam Khater, Freddie Mac’s chief economist. “The general decline in rates we have seen recently, combined with rebounding pending home sales, hint at a strong sp
Fewer homes were flipped in 2018, but investors are still on the hunt and have not shied away from quick resales, according to a new report from ATTOM Data Solutions, a real estate data firm.Single-family homes and condos that were flipped fell 4 percent in 2018, reaching 207,957 homes, according to ATTOM’s 2018 U.S. Home Flipping Report, released this week. Home flips comprised 5.6 percent of all single-family home and condo sales last year, t
The housing market is changing quite a bit from a year ago. The number of homes up for sale is growing, reversing an inventory shortage trend that has plagued many markets over the last few years. The higher inventories are also driving greater price cuts, according to realtor.com®’s February housing report, released Wednesday.About 73,000 more listings are for sale this year compared to last year. Inventories have increased 6 percent year ove
A decade makes a difference in the housing market, according to a new study from LendingTree, an online mortgage marketplace. Since 2009, the median home value has risen nearly $50,000 across the 50 largest U.S. metros.A financial crisis that ignited in 2008 and continued through 2009 caused many Americans to see their home values drop drastically. But in most places, home values now exceed their former 2006 peaks.LendingTree researchers analyzed
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