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U.S. prices surged to an all-time high and homes sold faster than they ever have in May, according to a new report released by realtor.com®. Home prices averaged $297,000 in May, and homes sold in just 55 days.Despite recent upticks, however, the market is showing a few signs of slowing momentum, according to the report.“We’re in the thick of the hottest homebuying season of all time,” says Javier Vivas, director of economic research at r
Amazon plans to announce its second headquarters location later this summer, and a handful of finalist cities are eagerly awaiting the decision. Amazon declared 20 finalists in the running for its HQ2 site. Cities are making their best offers to the online retail giant. Amazon promises to add up to 50,000 new high-paying jobs and invest $5 billion in the local economy to the chosen host city. Amazon will continue to maintain its headquarters in
Lower Puna is one of the most affordable places to live in Hawaii, but the subdivisions were also built on an area long known to be under a lava hazard, The Wall Street Journal reports. So far, Hawaii’s Kilauea volcano has destroyed more than 80 houses and other structures and has forced hundreds of residents to evacuate since its eruption near residential neighborhoods on May 3.But some homeowners may have originally been willing to overlook
Homeowners in Texas are still rebuilding after Hurricane Harvey’s 130-mile-an-hour winds tore through communities, damaging and flooding homes and businesses in August 2017. And as the start of a new hurricane season looms on June 1, homeowners in Texas coastal cities are pondering how far they should go in building sturdier homes that can better withstand natural disasters. Some officials are urging for stiffer standards in the state, but othe
The more shares you can get of your real estate-related content online, the more you get your name in front of potential prospects. But getting your content shared can be more difficult nowadays. After all, Forbes.com cites a recent study that found that the average number of social media shares of a piece of content is down by 50 percent in the last few years. In fact, a typical piece of content is nabbing a median of only four shares, according
Native plants, outdoor yoga spaces, and charging stations are among the hottest landscaping trends growing in consumer demand for 2018, according to a new report released by the American Society of Landscape Architects. Landscape architects were asked to rate the popularity of several residential outdoor design elements. Landscape architects noted a growth in the use of native plants, low-maintenance landscapes, and flexible-use spaces, for yoga
Anyone working in sales knows about rejection rates, dry spells, and the loss of motivation. To toughen herself against negativity, writer Kiki Schirr set a goal: She would earn 100 rejections in 2018.As a writer, Schirr knows that turnaround times for story submissions can take some time and started applying to other opportunities, such as grants and scholarships, marketing jobs, and writing. But with less than half of 2018 gone, she realized, "
Invitation Homes is being accused of excessive and illegal late fees charged to tenants who fall behind on their rent, according to a class-action lawsuit. In the suit, plaintiffs claim the single-family rental giant charges a late fee of $95 even when rent is only an hour late. The lawsuit also alleges that Invitation Homes adds extra late fees of $95 or more on any accrued balance of late fees, even if tenants pay their most recent rent on time
Mortgage rates eased last week following recent increases, but would-be home buyers or refinancers didn’t bite. Total mortgage application volume, which reflects for refinancings and home buying, dropped 2.9 percent last week on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday. This marked the sixth consecutive week of losses in applications.Mortgage application volume is now 10 percent lower than a year ago, the
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