Category: Real Estate

America’s Most Expensive Zip Codes By State

A new study finds the cost of living in the most expensive zip codes of every state. Personal finance website GOBankingRates used data from Zillow to survey median home values and mortgage payments, as well as cost of living expenses such as groceries, transportation, utilities and healthcare for zip codes in 48...

Home Staging Decreases Time on Market

Sixty-two percent of sellers’ agents say that staging a home decreases the amount of time a home spends on the market, according to the National Association of Realtors® 2017 Profile of Home Staging, www.nar.realtor/reports/profile-of-home-staging. “Realtors® know how important it is for buyers to be able to picture themselves living in...

Reader’s Digest Contest Unveils Top Ten “Nicest Places In America”

Reader’s Digest today announced the ten finalists in its first annual “Nicest Place in America” contest in partnership with Nextdoor, the private social network for neighborhoods. The contest is a national crowd-sourced hunt for exceptional places whose people exemplify ways of life the country needs more of today. Americans across the...

Existing-Home Sales Jumped 4.4% in March

Existing-home sales took off in March to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago, according to the National Association of Realtors®. Only the West saw a decline in...

Bankrate: Mortgage Rates Drop to 2017 Lows

Mortgage rates fell the lowest levels of the year, with the benchmark 30-year fixed mortgage rate now 4.16 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.28 discount and origination points. The larger jumbo 30-year fixed dropped to the lowest level since mid-November,...

Lower-cost Home Renovations Offer Best Value: Appraisal Institute

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advocated that homeowners pursue smaller-scale renovation projects in order to maximize their potential return on investment. “The latest research shows that home improvements with a relatively low cost are most likely to generate a positive cost-to-value ratio,”...