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mickeycai
Jul 30, 20211 min read
Bidding War Winners Are Getting Cold Feet
©courtneyk - Getty Images Some home buyers are reportedly backing out of purchase contracts due to second-guessing the contract price....
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mickeycai
Jul 29, 20211 min read
Most Appealing Short-Term Rental Features
©kupicoo - Getty Images Short-term rentals are in demand as an alternative to hotels for travel stays. Travelers ranked price and...
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mickeycai
Jul 27, 20212 min read
Foreign Home Buyers Put Less Stock in U.S. Real Estate
© Yuichiro Chino - Moment/Getty Images Foreign homebuying activity is dropping in the U.S., even as overall housing demand soars. Foreign...
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mickeycai
Jul 26, 20211 min read
Homeowners Are Renting Out Their Pools for Extra Cash
© Thomas Barwick - DigitalVision/Getty Images Homeowners are listing their underused private pools online to rent them out for a few...
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mickeycai
Jul 23, 20212 min read
Cash Buyers Scoop Up a Third of Homes
© Yulia Reznikov - Moment/Getty Images More wealthy consumers are closing with all-cash transactions, helping them to triumph in bidding...
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mickeycai
Jul 21, 20213 min read
How Vulnerable to Cyberattacks Are Commercial Buildings?
© zf L - Moment/Getty Images At first blush, the ransomware attack on Colonial Pipeline in May and a hacker’s attempt to poison the water...
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mickeycai
Jul 19, 20211 min read
A Third of Americans Say Their Dream Home Is Attainable
©gorodenkoff - Getty Images One in three consumers believes their dream home is financially attainable one day, according to a new survey...
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mickeycai
Jul 16, 20211 min read
More Trade-Up Buyers Use Reverse Mortgages to Finance Move
©William_Potter - Getty Images More home buyers are using reverse mortgages to purchase their next home. A new study finds that a quarter...
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mickeycai
Jul 14, 20212 min read
Consumers Still Overestimate Down Payment Requirements
© kroach - iStock/Getty Images Plus The majority of consumers continue to mistakenly believe they need at least a 20% down payment to...
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mickeycai
Jul 12, 20212 min read
94% of Listings Don’t Include a Virtual Tour
©lookslike - Getty Images Many real estate agents may be missing out on a big opportunity to market their listings online through virtual...
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mickeycai
Jul 9, 20212 min read
Seller Optimism Has Never Been So High
©Catherine Falls Commercial - Getty Images Seventy-seven percent of consumers say it’s a good time to sell a home—a record high,...
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mickeycai
Jul 7, 20212 min read
Short-Term Rentals Prove to Be Investment Gold
©borchee - Getty Images According to a Trip Advisor survey from this spring, more than two-thirds of Americans said they plan to travel...
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mickeycai
Jul 6, 20211 min read
30-Year Mortgage Rate Drops Below 3% Again
©thianchai sitthikongsak - Getty Images Home buyers had another chance to snag lower rates this week. The 30-year fixed-rate mortgage...
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mickeycai
Jul 2, 20211 min read
Solar Panels Boost Home Value by 56%, Study Shows
Homes with solar panels tend to list 56% above the average home price, according to a new analysis from Porch.com, a home improvement...
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mickeycai
Jun 30, 20211 min read
Startup Launches Credit Card to Save for Down Payment
A real estate startup wants to help renters become homeowners. Bilt Technologies has teamed with Evolve Bank & Trust and Mastercard to...
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mickeycai
Jun 28, 20211 min read
Mortgage Rates Rise Above 3%
For the first time in 10 weeks, mortgage rates inched above 3%—and the era of 2% rates may be over. “As the economy progresses and...
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mickeycai
Jun 25, 20212 min read
Hope for Greater Inventory as Home Sales Slip Again
Limited housing supply and strong buyer demand caused existing-home sales to drop for the fourth consecutive month, falling 0.9% in May,...
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mickeycai
Jun 23, 20212 min read
Even $600K ‘Nightmare’ House Fetches Multiple Offers
Housing inventories are so scarce that even “nightmare” listings are going under contract quickly and for above list price. The real...
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mickeycai
Jun 21, 20212 min read
Is the 20% Down Payment Goal Impractical?
Skyrocketing home values may make it more difficult for buyers to put 20% down on a home, particularly for first-time home buyers and...
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mickeycai
Jun 18, 20212 min read
Lumber Prices Are Dropping Fast
June 16, 2021 Lumber prices are falling quickly from record highs, and that may be happening at the right time for the new-home market....
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