The housing markets expected to be the strongest in 2021 are tech hubs with strong job creation, state capitals where home shoppers may get more square footage for their money, and smaller cities with greater affordability, according to a new analysis from realtor.com®.But none of these areas boast the cheapest home prices in the nation. In most of them, buyers will pay more than the national median home price of $348,000, realtor.com® notes.
Pantries, once simply closets or cupboards for storing a few perishables, have become much more elaborate—especially now that people are staying at home more. The walk-in pantry has emerged as the most desirable kitchen feature for home buyers in recent years, according to a 2019 survey from the National Association of Home Builders. More than 85% of homes larger than 3,500 square feet feature a walk-in pantry.“We’ve been offering
The Federal Housing Finance Agency has extended its foreclosure and real estate owned eviction moratoriums for borrowers with Fannie Mae or Freddie Mac-backed mortgages until at least Jan. 31, 2021. The protections were put in place due to the COVID-19 pandemic.This is the fourth time that the FHFA has extended protections to homeowners. The previous moratoriums were going to expire on Dec. 31.“Extending Fannie Mae and Freddie Mac’s foreclosu
Nearly half of more than 2,000 Americans recently surveyed by Lendingtree say they plan to move soon to reduce living expenses. Forty-six percent of those respondents say they plan to relocate within the next year.ApartmentGuide.com recently analyzed 250 of the largest metro cities in the U.S. to find out where the cost of living is going down. Researchers factored in groceries, housing, utilities, transportation costs, healthcare, and
Many homeowners have spruced up their homes during the pandemic. But major remodeling upgrades could result in homeowners needing to update their insurance, too. Otherwise, the home may be under-insured if a disaster ever strikes.“Remodeling your home can lead to higher insurance rates, since a home remodel often increases the rebuild cost of a home,” a new report from QuoteWizard.com states. “Your dwelling coverage limit should match the r
Mortgage rates are on a continuing streak of record lows. For the fourteenth time this year, the 30-year fixed-rate mortgage averaged its lowest on record: 2.71%, Freddie Mac reports. The previous record low of 2.72% was set just last month.Could home buyers be starting to take the low rates for granted?“Despite persistently low mortgage rates, home sales have hit a wall,” says Sam Khater, Freddie Mac’s chief economist. “While home b
Hello, y'all,Overall the transition to the upgrades has gone very productive. A special thanks to those of you that gave insight that helped to keep it that way, and we even added a few features suggested as well. One of those features is part of the Free Custom Website that also provides you with Lead Capture, Adaptive IDX (that will actually adjust to the user's searching habits), and a CRM for you to manage them. Dig deep into the actual searc
Appliance manufacturers are putting a new focus on keeping bad germs out as they look to attract virus-weary buyers to their new products. LG Electronics, Whirlpool, and others are rolling out products that focus on hygiene by removing germs and allergens.For example, LG Electronics is touting refrigerators that have sterilizing ultraviolet lights. Whirlpool Corp. is launching washing machines with built-in heating designed to eliminate germs fro
The Federal Housing Administration announced on Wednesday that it would be raising its loan limits in the new year to keep pace with climbing home prices.The FHA national loan limit, or floor, will increase from $331,760 to $356,362 for single-family home loans, marking about a $25,000 increase over 2020’s limits. The FHA’s loan limit is set at 65% of the national conforming loan limit of $548,250.In about 65 high-cost areas of the country, t
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