Young adults are now taking on more mortgages than any other generation and increasing their purchase power in the housing market. Millennials represent 42 percent of all new-home loans, higher than both the baby boomers and Generation X, according to a new study from realtor.com®.“Millennials are getting older, with better jobs and deeper pockets, allowing them to expand their collective purchase power and hence, their footprint in the market
The winter months have proven to be a sluggish time for home sales. January was the third consecutive month in which existing-home sales posted a drop, the National Association of REALTORS® reported Thursday. All regions of the U.S. saw a drop in sales except for the Northeast.Total existing-home sales, which are completed transactions on single-family homes, townhomes, condos, and co-ops, dropped 1.2 percent in January compared to December
Samsung debuted its most extensive new lineup of smartphones, taking on Apple amid a slowing market with new low-end and premium models, 3-D cameras, an in-screen fingerprint scanner and faster 5G connectivity.At simultaneous launch events in San Francisco and London on Wednesday, the South Korean technology giant introduced four new phones: the Galaxy S10, S10+, S10e, and S10 5G. The S10 and S10+ are direct successors to last year's S9 and S9+,
A discerning eye saved a group of Philadelphia real estate investors from a near tragedy when touring a property. One more step down a booby-trapped stairway inside the home could have left a member of their team critically injured.Ekrem Uysaler told the media that he and his investor team were looking at a property on Jan. 2 in South Philadelphia when one member of the team spotted a small trip wire at the first stair of the stairway, which was
Spacious areas can sometimes feel cold and unwelcoming. How can you make a large living room with high ceilings feel more inviting? Houzz, a home remodeling website resource, provides some of the following tips:Leverage tall potted plants.For a room with tall ceilings, incorporate tall plants. It’ll help fill in vertical height gaps while also drawing the eyes up to help accentuate the high ceilings.Paint two-tone walls.To make the ceiling feel
Home inspections have been uncovering much-needed property repairs. More than 1 million repairs needed more than $11,000 in costs, according to a February review of 50,000 home inspection reports by Repair Pricer, a home repair estimating resource.Nearly 55 percent of homes analyzed across the country had doors that needed adjusting, which could be an indicator of foundation issues, the report showed. More than half—or 54 percent
Amazon announced Thursday that it has halted plans to build a second headquarters in Long Island City, N.Y., blaming political and community opposition for its decision.The reversal comes three months after Amazon picked two cities as homes for its HQ2 project—Long Island City and Crystal City, Va.—promising to bring 25,000 new, high-paying jobs to each area. A booming housing market in those areas was expected to follow.Indeed, in the time s
If automated text messaging is part of your marketing strategy, you could be setting yourself up as a tempting target for plaintiff’s lawyers. A growing number of class action lawsuits are claiming that automated text messages fall under the restrictions imposed by the Telephone Consumer Protection Act, a 1991 law that was enacted to curb unsolicited sales calls.In the class action lawsuits, lawyers say the marketing texts, if th
Couples may be eager to find their perfect home. But house hunting can be stressful, and finding a property that both parties agree on can pose a challenge.A common spat that many real estate pros see? Not being able to agree on where to live. Elizabeth Gigler, broker for John Greene Realty in Naperville, Ill., told realtor.com® in a 2018 article that she once had one partner who really desired a home in a prime location while the othe
For singles trying to find a special valentine, their chances may fare better depending on their address. And a move for love may not be so far-fetched: A third of single Americans surveyed say a big determinant for their move will be the number of dateable people living there, Apartment List cites in a new study.Apartment List compiled its 2019 list of best—and worst—cities for dating, using survey data from more than 9,000 of its singl
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