If you are looking for a home in the US, you may have noticed that the prices are skyrocketing. The nationwide median sale price of existing-home (for all housing types ) is now $404,500 (Sept 2024). Meanwhile, the supply of
Credit reports will be at least 20% more expensive in 2025, frustrated mortgage execs say
Executives at mortgage lenders anticipate a minimum 20% increase in credit reporting costs in 2025 compared to 2024. And the soaring costs will hit as lenders try to dig out from multiple years of financial losses and mass layoffs. In
Designing the Perfect Kitchen for Home Cooks
A well-prepared kitchen is the key to unlocking your cooking potential. As an experienced chef or beginner, the way your kitchen is set up can make a world of difference in your cooking process. As Mary Kathryn Reese of Kitchen
10.5 million borrowers at or over age 65 still have forward mortgages
While many older homeowners own their properties free and clear of a mortgage payment, this is not a feasible reality for many seniors. In fact, more than 10.5 million Americans at or over the age of 65 still pay into
Rate announces revamp of reverse mortgage division with industry veterans
Chicago-based multichannel mortgage lender Rate, formerly known as Guaranteed Rate, has announced a shakeup in its reverse mortgage division’s leadership by appointing two longtime industry veterans to lead the company’s efforts with older borrowers. Jesse Allen, most recently of OneTrust
10 Major Florida Industries to Consider if You’re Working in or Moving to the Sunshine State
Florida’s economy thrives on its diverse range of industries, attracting residents and businesses alike. Major industries in Florida include healthcare, finance, retail, and telecommunications, each offering stable job opportunities. Whether you’re browsing homes for sale in Miami or apartments in
Fannie Mae’s new version of DU to focus on credit risks
Fannie Mae on Wednesday announced that its next version of the Desktop Underwriter (DU) software platform will be available for users on Jan. 11. The platform will feature “enhanced” risk assessment by incorporating new data points, including updated market conditions
HSBC commits $25M to NCRC partnership following redlining allegations
HSBC has agreed to direct $25 million over the next four years to support underserved communities in an agreement with the National Community Reinvestment Coalition (NCRC) following allegations of redlining, the parties announced on Wednesday. In August 2023, the bank
Tampa vs Miami: Which City is Right for You? Comparing Real Estate, Cost of Living, Culture, and More
If you’re considering a move to Florida, you might be weighing buying a home on Tampa’s coast against renting an apartment in Miami’s bustling city life. Both cities offer warm weather, beautiful beaches, and diverse cultural experiences, but each has
FHA wants added flexibilities for borrowers renting out a bedroom
The Federal Housing Administration (FHA) on Wednesday posted a proposed Mortgagee Letter (ML) that would add flexibility for people receiving rental income from “boarders” who pay for space in an existing dwelling when considering them for an FHA-insured mortgage. Borrowers
76% of home sellers say real estate agents are absolutely worth it
Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional real estate agent is the best way to sell. As real estate agents adjust to sweeping changes brought by the commission lawsuit settlement,
Competition for homes easing fastest in Florida, Texas
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Zillow’s real-time affordability tool helps shoppers quickly find homes within their budget
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Short-lived mortgage rate relief boosted affordability to a 19-month high in September
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New technology, old-world style: Zillow reveals 2025’s home trends
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10 Best Real Estate Markets for Investors in 2025
Ever dreamed of building a serious real estate portfolio? Finding the 10 best real estate markets for investors is the first step to making that dream a reality. It’s not just about luck; it’s about smart choices, solid research, and knowing where
Is the Housing Market on the Brink of Bubble Burst?
As we approach the end of 2024, the question at the forefront of many minds is, “Is the housing market on the brink?” In simple terms, although economic pressures have led to a complex and sometimes cautious landscape, experts predict that a full-scale market
Seattle Housing Market Predictions for Next 5 Years
Thinking about the Seattle housing market predictions for the next 5 years? You’re smart to be planning ahead. This city’s real estate scene is a rollercoaster, and knowing where it might be headed can save you some serious stress –
Seattle’s Housing Market: $178K Income Needed for a Starter Home
If you’re considering buying a typical starter home in Seattle, prepare to earn a substantial income—it requires a whopping $178,332 annually. This reflects increased challenges for buyers as the housing market in Seattle becomes more competitive and prices continue to rise.
25 Popular Portland Neighborhoods: Where to Live in Portland in 2025
Portland, OR, known for “keeping it weird,” is a vibrant city with eclectic neighborhoods and a thriving arts scene. With picturesque riverfront views, countless green parks, and a renowned farm-to-table food scene and craft beer culture, it’s no wonder why
17 Popular New Orleans Neighborhoods: Where to Live in New Orleans in 2025
The Big Easy, New Orleans, LA, is known for its vibrant culture, rich history, and lively music scene. With its unique blend of French, African, and American influences, New Orleans draws residents from all walks of life. Whether it’s the
Want to Build Wealth? 5 Top Tips You Need to Know
With four months down into 2024, how are you doing with achieving your wealth goals for the year? If you aren’t where you want to be, keep these tips in mind. Managing finances and striving for financial independence is an
22 Popular Los Angeles Neighborhoods: Where to Live in Los Angeles in 2025
With year-round sunny weather, living in Los Angeles is a dream for so many. Lined with palm trees, unique architecture, and scenic views, the city of Angels truly has something for everyone, whether it’s a vibrant and bustling atmosphere or a laid-back
19 Popular Denver Neighborhoods: Where to Live in Denver in 2025
The “Mile High City,” Denver, CO, is a haven for outdoor enthusiasts. From its breathtaking mountain views and outdoor recreational activities to top sports teams like the Broncos, Rockies, and Nuggets and a thriving arts scene, it’s no wonder so