The Federal Reserve is raising interest rates, and that’s led some to worry that mortgage rates will spike and put an end to the housing boom in the United States. Not so fast, according to the head of a big homebuilder. Stuart Miller, executive chairman of Miami-based builder Lennar, said Tuesday that “concerns about rising […]
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Buying a House? 6 Questions You’d Never Think to Ask, but Should
When buying a house is high on your priority list and you spot The One—the house that has everything you’ve ever dreamed of and more—it can be tempting to put pedal to the metal and close the deal as quickly as possible. But slow down! No home is perfect beneath the surface, and few know this […]
The New Tax Law Has Made It a Great Time to Invest in Real Estate
Here’s How to Get the Most From Your Investment. Paying attention to both the investment and operational sides of the business will make it a success. Changes in the new tax law mean it’s a great time to invest in real estate. Between lower effective tax rates for LLCs, potential drops in property prices in […]
Millennials Put Pets First When Buying a Home
A full 73 percent of millennials currently own a pet, according to the American Pet Products Association. A whopping 89 percent of millennials who bought a home so far this year own a pet, according to Realtor.com. For this demographic, 79 percent of pet-owning homebuyers who closed on a property this year said they would […]
The Guide to Making and Accepting an Offer on a Home
Everything you need to know to help you get under contract and moving toward a successful home purchase or sale. In most markets, homebuyers must act quickly to get the house they want. (Getty Images) You’ve spent the last few months house hunting, preparing your house for sale or doing both. All that stands between […]
What $1 Million Buys You In Real Estate Today
Today, $1 million will go further in New York City than it did two years ago. (Credit: Getty, Siegfried Layda) What $1 million buys today varies greatly in major cities around the country. Here’s a look at how far your money will go. Listen to Danielle Hale, chief economist at realtor.com. “If your price range […]
Bernard de Marigny: No-Good Gambler or Real Estate Genius?
They stood like two giant sentries jutting up out of the fog, massive brick chimneys as tall as the surrounding trees. It was 2011, and I had come early in the morning to shoot landscape photographs of the oak alley at Fontainebleau State Park near Mandeville. The chimneys and some adjacent crumbling walls were all […]
So Your Offer Was Rejected? This Might Be the Real Reason Why
You loved the house so much, you made an offer—a good one. Yet for some unfathomable reason, it was rejected. What gives? While home sellers don’t have to explain why they pass up what seems like a perfectly fine offer, trust us, they do have their reasons—and it’s not always just because a higher bidder came […]
12 Tasks to Tackle Before Fall Arrives
Cooler weather is nigh — prep your home for its arrival while it’s still nice outside. The days are getting shorter, and the nights are getting cooler. The kids are trudging off to school again with their backpacks, and leaves are falling from the trees. Yep, it’s official: Fall is here. Now’s the time to finish […]
Home Maintenance Tasks All Homeowners Should Know
If you’re renting or living with your parents, you generally live in this bubble where homeownership is easy and doesn’t require a lot of work. If you’re at your family home, everyday living is seamless, with your parents overlooking the homes’ stewardship. When renting, you’re likely not keeping tabs on all the issues that come […]