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...]

Down Payment Myths Debunked

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Fall May Be Best Time for Buyers to Move

A slower fall season in home buying may help more lingering home buyers to jump in. Prices are easing somewhat. For the second month in a row, the median price of an existing home dropped. It reached $253,500 in August, after reaching a record high of $263,300 in June, according to the latest data … [Read more...]

Buyers Want Bigger Yards Over Bigger Homes

A property that offers a great outdoor space is taking a higher priority among home buyers. In fact, home shoppers recently surveyed said they would be willing to sacrifice some space from a larger house in order to get a bigger yard. More than half of 1,000 buyers recently surveyed—or 56 … [Read more...]

Farm Life in the ’Burbs Is a Hot Commodity

More people are looking to experience farm life without buying an entire farm. That has prompted an emerging type of community that is catching on from coast to coast centered around food production, dubbed “agrihoods.” See examples of agrihoods all across the country. Suburban agrihoods … [Read more...]

Are Builders Warming Up to Smaller Homes?

Competition is heating up among millennials and baby boomers for smaller, more affordable homes. But builders have been slow to meet demand. That may be showing signs of changing. Home sizes are beginning to shrink, which may also help prices edge down, too. “We are starting to see [smaller] … [Read more...]

Owners Tackle More Remodels as Equity Rises

Spending on repairs and home improvement continues to grow at a stable rate as homeowners feel more confident about starting projects as their home values increase. That said, an annual increase in remodeling expenditures may soften somewhat in the coming months, but will likely remain at or … [Read more...]

4 Common Home Buyer Slip-Ups

Real estate professionals see a lot of dumb reasons why home buyers ultimately end up losing out on a deal. Practitioners recently shared some of the more common mistakes with realtor.com®, including ways to correct the situation: 1. Shopping outside their price range. “It sounds obvious, but … [Read more...]

7 Home Improvements That Could Turn Your Neighbors Against You

GregorBister/iStock The good news: You're upgrading your home! The potential downside? You might be downgrading your neighbors' quality of life in the process. Sadly, not every home or yard improvement you embark upon is a boon for all the people who live around you. Think of it this way: It's … [Read more...]

5 First-Year Mistakes New Owners Make

Homeowners can make a lot of mistakes during that first year in homeownership, especially when eagerness can sometimes lead to ignorance. HouseLogic recently featured several of the most common and costly missteps homeowners most often make in their first year, including: 1. Always going with the … [Read more...]