A new home may be within reach. Get a grant of up to $7,500 toward the purchase of a primary residence with a mortgage loan. Qualified buyers may be able to purchase a new home in targeted markets, with help from our Grant Program. Requirements: • Buyers must purchase a one-unit primary residence within a county on the Grant Targeted Markets list (see back page). • The grant may be awarded for...
Lisbon, Porto, and Cascais are where North Americans are looking most for houses to buy and rent, according to data from Idealista. In addition to tax incentives, the recent appreciation of the euro against the dollar has made homes even more affordable for Americans. The big question now is whether the demand for homes by North Americans in Portugal will continue to rise. Data from...
After a few years of flying high, home prices are finally coming back down to earth with a thud. In fact, the prospect of an outright price drop is looming on the horizon, according to a new Realtor.com report. In March, real estate listing prices came in nationwide at a median of $424,000, down from June’s all-time record high of $449,000. And while this March’s prices are 6.3% higher than in...
The takeover by banking regulators this month of Silicon Valley Bank and Signature Bank has conjured up the ghost of the Great Recession.Of the 523 bank failures since 2008, Federal Deposit Insurance Corp. figures show, only one was larger than either Silicon Valley Bank or Signature Bank. That would be Washington Mutual Bank, which had $307 billion in assets, while Silicon Valley Bank had $209 billion and...
As a homeowner, it’s essential to make sure your home’s exterior is in good shape when it comes time to sell. First impressions are everything, and potential buyers can quickly be turned off by a home that doesn’t look well-maintained. That’s why focusing on the right exterior renovations and repairs can help you save money and protect your sale. Upgrade Your Front Door A worn or outdated...
Curious to learn more about how to make money in real estate? Are you itching to invest? We don’t blame you—real estate can be a solid investment as part of an overall portfolio, and a great way to ramp up cash flow. But what’s the best way to invest in real estate—without too much risk? There are two main real estate investing strategies: Fix and flip, or buy and lease out your real estate...
For many home shoppers, buying a house right now can seem like a very pricey pipe dream. Mortgage interest rates still hover at an uncomfortably high mid-6% range for 30-year fixed-rate loans. And the Realtor.com® economists expect home prices will rise 5.4% year over year in 2023. Those factors mean buying a home right now is an expensive endeavor. But this doesn’t mean your goal of...
Story at a glance The Sunshine State’s population grew by nearly 2 percent. Texas, North Carolina, South Carolina, and Tennessee also saw population boosts. California saw the largest number of residents move out of state in 2022, yet it remains the most populous state in the country. More people moved to Florida than any other state in the country in 2022, according to a new report from...
Pamela Grunstein still thinks about the couple who presumed the high-priced, haywire housing market of 2022 was bound to settle down, so they put their house hunt on hold to wait it out. Grunstein, a real estate agent with the Francie Malina Team in New York’s Westchester County, met the couple when their local market was rife with bidding wars and offers often six figures over the asking price....
monkeybusinessimages | Getty After home financing costs nearly doubled in 2022, some relief is in sight for potential homebuyers in 2023. The interest rate for a 30-year fixed-rate mortgage in the U.S. is expected to drop to 5.25% by the end of this year, according to a forecast by the financial services website Bankrate. That’s 1.49 percentage points lower than the current rate, and nearly...