After a yearlong search, Amazon has chosen two East Coast cities—Crystal City, Va., and Long Island City, N.Y.—to house its new headquarters. The online retail giant is expected to announce its decision on Tuesday that it’s coming to Long Island City, a neighborhood of Queens, and Crystal City, an area within Arlington, Va., just outside of Washington, D.C.The two real estate markets have already seen their housing markets rising in anticip
Rookie buyers looking for an affordable home may purchase one in need of repair in hopes of turning it into the house of their dreams. But an extensive rehab can quickly become the stuff of nightmares.Realtor.com® contributor Erica Sweeney shares her personal story of tearing down and rebuilding her first home 11 years ago in Little Rock, Ark. The home was built in the 1940s, and the floor plan didn’t fit her and her family's lifestyle. The en
Thirty-one people have died and 200 are missing as three wildfires sweep through California, turning hundreds of homes into ash. The death toll from the fires now matches the deadliest blaze on record in the Golden State, the 1933 Griffith Park disaster in Los Angeles. An estimated 250,000 people have been forced to flee their homes.“Most of the residential area is gone—I would say 90 percent,” Jody Jones, mayor of the town of Paradise, Cal
The city where the most locals plan to stay put is Spokane, Wash. It’s also the city that is the most popular with out-of-towners who want to move in, according to a new analysis by realtor.com®. The city is about four hours inland from Seattle and is known for its affordability compared to many other Western cities. Far more buyers around Spokane are looking for homes in the city rather than outside the city, according to realtor.com®’s re
Amazon is narrowing the list of cities for its second headquarters, announcing last week that it will pick two locations for what’s been dubbed “HQ2.” The list reportedly has been narrowed to Crystal City, Va.; Long Island City, N.Y.; and Dallas.Property frenzies have been sparked in Crystal City and Long Island City in anticipation that they’ll be the chosen two. Real estate brokerage Redfin reports that online views of listings in the t
The real estate industry is being increasingly targeted by cybercriminals. A new report from the cybersecurity firm eSentire shows that real estate was the second highest industry hit with malware events in the second quarter of 2018.The real estate–related attacks usually center around internet communications and insecure connectivity to the internet. Real estate also sees a high volume of attacks aimed at D-Link home routers. If a hacker ta
It turns out the hot housing market is a threat to one notorious housing market scourge: the zombie foreclosure. This occurs when a home has been vacated by homeowners prior to the foreclosure being completed, leaving it in limbo.These owner-abandoned properties comprised just 3.38 percent of all homes actively in the foreclosure process in the third quarter, a drop from 4.18 percent a year ago, according to ATTOM Data Solution’s 2018 Vacant
Already, more than 326,000 of the nation’s 1.3 million REALTORS® have cast their ballots in early voting, a 64 percent increase from 2014, when the last midterm elections were held, the National Association of REALTORS® said Tuesday. That compares to a 46 percent jump in early voting turnout among all eligible voters.“As the only advocacy group in America that fights exclusively for homeownership, real estate investment, and the free enterp
The midterm elections are pitting the “red” versus “blue,” but how do these political parties divide in regards to housing? Realtor.com® researchers analyzed housing and demographic data in the counties that President Donald Trump and Democratic candidate Hillary Clinton each won in 2016 to find out how they differ in their real estate, like average home prices, homeownership rates, and what it takes to buy a home.“Not only are people
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