Low inventories of rental homes as well as strong job growth are fueling increases in single-family rent prices, CoreLogic reported Tuesday.U.S. single-family rental prices rose 2.9 percent year-over-year in April. CoreLogic analyzed single-family rental price changes nationally and among 20 metro areas.Nevertheless, the year-over-year rent price has been slowing since February 2016, after peaking at 4.2 percent. It has mostly stabilized over the
A REALTOR® is always a good person to have on your team, and Cubs all-star Kyle Schwarber must have known that when he chose Michael Sinicola—a real estate professional with The K Company Realty in Tampa—as his pitcher for Monday night’s Major League Baseball Home Run Derby. Schwarber had the most total home runs this year at 55 (the second most in Derby history) and set a new semifinal record of 21 runs, but he was just shy of the grand
Public speaking can be a huge challenge for some, but numerous TED Talk presenters have mastered the art of captivating an audience through public speaking. How? They go beyond facts and figures to tell a story. You don’t have to be a TED Talk-level speaker to incorporate these engaging techniques. By taking a storytelling approach next time you’re speaking in front of your office, a new client, or at a real estate conference, you’ll k
A new home will often come with a warranty from the builder, but that doesn’t mean the builder is on the hook for anything that breaks. Warranties differ from builder to builder, but they typically cover only specific features such as: Concrete foundations and floors Clapboard and shingles Carpeting Thermal and moisture cover Waterproofing Insulation Roofing and siding Doors and windows Garage doors Plumbing Electrical Heating and cooling Septi
When it comes to renovations, homeowners express some of their highest satisfaction with outdoor projects such as a new wood deck, water feature, statement landscape, or a new patio. These home improvement projects had “Joy Scores” of 9.7 or more out of 10, according to the 2018 Remodeling Impact Report released jointly by the National Association of REALTORS® and National Association of Landscape Professionals. Personal finance site Magnify
Reverse commutes—where residents travel from the city to the suburbs for work—are becoming more common across the country. An average of 46 percent of employees living in major cities have reverse commutes, according to a new report called “Ambitious Thinking: Smart Cities,” released by commercial real estate firm JLL.More than 4.8 million people in the 25 largest metro areas in the U.S. have reverse commutes, up 11.6 percent since 2011.
Buyer demand in suburban areas nationwide is fierce, and millennials are the driving force. Realtor.com® identified the most sought-after suburbs in the country by evaluating home appreciation, home construction activity, and population growth in more than 7,000 ZIP codes.“A fast-growing suburb gets that way by attracting builders—working up a business case for people to come in and build their community,” says Javier Vivas, director of ec
The uptick in new-home construction in some parts of the country is creating a “bonanza” for thieves, CBS 13 in Sacramento, Calif., reports. In Sacramento alone, police have received 26 reports of thefts from new neighborhoods under construction. The thieves are reportedly stealing everything from tools to newly installed appliances inside the homes.This has prompted police to warn residents and send out more patrols into newly constructed c
The majority of home shoppers will want to see a place in person before they buy, but some house hunters are increasingly relying on video call tours—through Apple’s FaceTime, for example—to shop for a home, The New York Times reports.About 20 percent of buyers said they submitted an offer on a home without visiting it first, according to a recent survey by Redfin of more than 1,000 agents. In a survey of 45 New York–based agents, more
South Dakota is the best place to retire in 2018, according to the latest retirement rankings from Bankrate.com. South Dakotans still ranked highest for well-being, which is based on their perceptions of social, community, health, and financial security. Plus, South Dakota residents don’t have to pay income taxes when they live in the second most tax-friendly state in the country—a perk for seniors living on a fixed income.Bankrate.com accou
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