New-Home Sales Surge to 10-Year High

Sales of new single-family homes jumped 6.2 percent in October to a seasonally adjusted annual rate of 685,000 units, the Commerce Department reported Monday. This marks the highest pace for new-home sales since October 2007. “The October report shows strong sales growth at entry-level price … [Read more...]

Millennials: We Don’t Want to Be Renters

Though many are stuck renting out of financial necessity, millennials show the same desire for homeownership as their parents and grandparents—and traditional suburban properties appeal to them more than renting or buying in cities, Bloomberg reports. Many economists have acknowledged that the … [Read more...]

5 Overlooked Dirt Spots Buyers Will Notice

Make sure your home sellers pay attention to several areas in a home that often go uncleaned but could stand out to potential buyers. Jan M. Dougherty, author of The Lost Art of House Cleaning: A Clean House Is a Happy Home, shared with HouseLogic several spots that homeowners are likely missing, … [Read more...]

The Front Porch Is in Demand

The front porch—a classic feature of American homes—is making a comeback but with a twist. Younger crowds are literally turning porches into stages. “Porchfest” is growing in popularity across the country, in which neighborhood music festivals pop up that are enjoyed from homeowners’ … [Read more...]

5 Holiday Splurges to Avoid If You Hope to Sell Your Home Next Year

elenaleonova/iStock The holidays are officially here—and while  merrymaking and gift shopping are likely top of mind, you may have to keep some of those celebratory urges in check if you're planning to sell your home next year. Why? Because many holiday season activities can come back to … [Read more...]

Equity-Rich Properties Surge Nationwide

Homeowners should be feeling richer. The share of equity-rich properties rose to a new high—26 percent of homeowners with a mortgage in the third quarter, according to ATTOM Data Solutions’ Q3 2017 U.S. Home Equity & Underwater Report. In the third quarter, there were more than 14 million … [Read more...]

6 Outdated Features in Your Homes

Home buyers say they want the latest design trends in their next property—but 70 percent admit to having outdated features in their current house, according to a new consumer survey by home builder Taylor Morrison. The most common of these outdated features are: Linoleum floors (40 … [Read more...]

Would-Be Sellers Fear Becoming Priced-Out Buyers

With a seller’s market in many places across the country, why are so many homeowners reluctant to sell? Nearly 80 percent of more than 1,000 homeowners recently surveyed say they believe now is a good time to sell a home, but many don’t plan to list their homes anytime soon. Numerous would-be … [Read more...]

Home Features, Not Brands, Lure Young Buyers

Home features—particularly those that are technology-based—have a stronger pull on millennial home shoppers than the promotion of brand names, according to a new survey by John Burns Real Estate Consulting, conducted with 20,000 new home shoppers. Millennials tended to show a preference … [Read more...]

What Pets Secretly Loathe About Your Home

More homeowners are putting an emphasis on their pets’ priorities when home shopping, according to recent surveys. For example, a third of recent home buyers ages 18 to 36 say their decision to purchase was based on the desire for a larger property with a yard for their dog, according to a survey … [Read more...]