Category: Real Estate

Appraisers Key to Property Tax Appeals – Appraisal Institute

Highly qualified appraisers are able to assist homeowners with appeals of property taxes, which can be a homeowner’s largest annual expense, according to the nation’s largest professional association of real estate appraisers. “Sometimes errors are made in how local governments calculate the amount of tax a homeowner owes,” said Appraisal...

Owners of starter homes across the country gain equity faster

Owners of starter homes across the country are gaining equity faster than other homeowners because demand for entry-level homes continues to grow faster than supply. The phenomenon – which has become more pronounced over the past few years — underscores the power of homeownership to build wealth, particularly among the...

Competitive 2018 Spring for Homebuyers – Redfin

Home prices increased 7.8 percent year over year in January, according to Redfin . The median sale price was $280,500  across the markets Redfin services. Sales were down 7.9 percent annually as the ongoing inventory shortage showed no signs of ending. The number of homes for sale in January dropped...

Annual Review of Luxury Real Estate in 2017 – Coldwell Banker

Coldwell Banker Real Estate LLC and the Coldwell Banker Global Luxury® program released “The Report,” which profiles nearly 50 “Power Markets” where affluent buyers are flocking for lifestyle and culture. See the full list of Power Markets at blog.coldwellbankerluxury.com/TheReport2018. “Power Markets” include both well-established and unexpected luxury markets based on indicators...

Millennials – Consider these U.S. metro areas to buy a home

Minneapolis offers the best chance for millennials to successfully buy and own a home, found a new study by personal finance website GOBankingRates. The study revealed that 42.4 percent of millennials in the city own their living space, which is the highest percentage of millennial homeowners of any city on...

The Best Small Cities in the U.S. – National Geographic Traveler

National Geographic Traveler, the world’s most widely read travel magazine, unveiled its 29 “Cities on the Rise” based on both a unique set of metrics as well as expert picks from its editors. To identify these rising small cities, Traveler worked with global destination branding advisors Resonance Consultancy in developing...

Cities Where The Majority of Americans Can’t Afford a Home

ix cities on the U.S. coasts have a 70 percent or higher percentage of households that can’t afford a home, a new study found. Personal finance website GOBankingRates used the median home listing price in the 100 largest cities to calculate typical monthly mortgage payments. Using the rule that no more...