A different kind of market is on the rise, stretching beyond the big cities and just out West, a new realtor.com® report shows.The number one market on realtor.com®’s hottest market list for January is Midland, Texas.“Availability of affordable inventory is what’s driving the markets that are catching up,” says Javier Vivas, director of economic research for realtor.com®.Four of the five housing markets that increased the most in realt
The home theater is moving out of the basement and into the main living area. Home theaters are being replaced by multifunctional media rooms that feature lounge-style spaces—cozy couches, tables, and chairs around a TV, as well as a place to entertain guests or for the kids to do their homework, The Wall Street Journal reports.Homeowners Mark and Kathy Harrison in Indianapolis told WSJ they chose to have their home theater in the
Most markets across the country are still seeing home prices inch up, although at a slower pace than in previous quarters. The national median single-family home price in the fourth quarter of 2018 was $257,600, up 4 percent from a year ago, the National Association of REALTORS® reported Tuesday.Regional BreakdownHere’s how existing-home sales fared across the country in the fourth quarter of 2018:Northeast: Existing-home sales were at an
The tiny home craze has drawn a lot of attention over the last few years, but is it overhyped? Are more homeowners really ready to ditch their spacious digs for living spaces that are 500 square feet or less?Apparently not. Even the priciest places—where homeowners are the most likely to downsize and save on costs—are not favoring tiny homes. Tiny homes comprised only 2 percent of all home sales in New York City and San Francisco over th
Referred by our salesperson, Jonathan Parks. About Daretha Since the early 1980s, Daretha Paul has taken a lot of pride in being a professional businesswoman and a Dallas resident. She has also made it her business to specialize in “upscale” residential rentals in the DFW Metroplex.Her unparalleled success in this market is uniquely attributed to her ability to offer her clients a first-hand perspective of the Dallas area’s vibrant so
Tax season is here, and many homeowners may have questions about what they can and can’t write off under the new tax code.One big change: Homeowners who used to write off property taxes and interest paid on their mortgage may no longer be able to entirely. But that doesn’t necessarily mean they’ll pay higher taxes. HouseLogic, the National Association of REALTORS®’ consumer-facing website, offers guidance and worksheets on the chang
After inventory and affordability challenges in 2018, prospective home buyers may have better chances of scoring a property this year. Affordability will remain an issue in some high-priced markets, says realtor.com® Chief Economist Danielle Hale, but overall, the national market is looking brighter for buyers who have stayed on the sidelines. Here’s why.More homes are for sale. For the last few years, a limited number of listings has giv
As the threat of natural disasters increases—from hurricanes in the Gulf to wildfires in California—the real estate industry has learned that many homeowners in hazardous areas don’t have insurance policies that will fully cover the cost to rebuild. Such financial burdens add to affected homeowners' anxiety, while also forcing insurance carriers to re-evaluate the accuracy of their coverage.Homeowners who are underinsured may be more likely
Hackers recently gained access to the personal data of about 54,000 mortgage borrowers on loans originating from Wells Fargo, Citigroup, Capital One, HSBC, and other lenders. While the loans were being acquired by an investment firm, documents with borrowers’ information were apparently exposed online with no password or other protections. Security experts are unsure how much personal data hackers were able to access, and many of the victims ma
A Chicago real estate agent who rallied her community to book dozens of hotel rooms for more than 100 homeless people during last week’s polar vortex received a $50,000 donation from Walmart, which was presented to her on Wednesday’s episode of “The Ellen DeGeneres Show.”Candice Payne of 5th Group Realty & Management, who was invited to the show to speak about her heroic efforts, told Degeneres that she was moved to act partially
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