Industry News
In Hot U.S. Markets, Second-Home Seekers Should Consider Buying a ‘Placeholder’ Now and Leveling Up Later
The wild demand that characterized 2020 has yet to slow down in popular U.S. luxury markets, as inventory continues to dwindle, and prices, inevitably, are being pushed ever higher. All of which means that luxury buyers searching in popular markets may find themselves...
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7 Winter Home Maintenance Tasks That Will Save You Money (and Your Sanity)
The long, dark days of winter are upon us, and with COVID-19 still keeping us closer to home, we're keenly aware of all the maintenance tasks we've put off or let slip through the cracks. And we hate to break it to you, but it's time to get to work. We know you're...
Second Home vs Investment Property: What’s the Difference?
You hear these terms thrown around all the time: Second home, investment property, vacation home, rental property. But is there any real difference among them? And does it even matter what you call it? As it turns out, there are some very big differences between...
U.S. Has Uptick in High-End Single-Family Homes
The appetite for high-end single-family homes is surging across the U.S., according to a report Thursday from real estate data provider HouseCanary. Between the start of the coronavirus pandemic in March and the end of November, the number of single-family detached...
How the Pandemic Is Helping Some Millennials Realize Their Home-Buying Dreams!
This year's coronavirus pandemic and the accompanying recession have turned a lot of people's financial plans upside down. But those millennials who've been lucky enough to hang onto their jobs are fast-tracking their plans to buy a home, in part because the pandemic...
2021 Trending Colors of the Year for Your Home!
The coronavirus pandemic has affected every facet of our lives—even, apparently, the colors we should paint our walls. As proof, look no further than the colors of the year for 2021.The time has arrived when paint companies start rolling out their top hues that embody...
Will the Lowest Mortgage Rates Ever Spark Another Refinance Boom?
The lowest mortgage interest rates ever seen in the U.S. will likely spur another wave of refinances as homeowners chase the chance of a lifetime to lock in a rate under 3%. Rates fell to an average of just 2.98% for 30-year fixed-rate mortgages in the week ending...
6 Items Your Mortgage Lender Wants You to Know About Getting a Home Loan During Covid-19
1. Rates have dropped, but getting a mortgage has gotten more complicated First, the good news about mortgage interest rates: “Rates have been very low in recent weeks, and have come back down to their absolute lowest levels in a long time,” says Yuri Umanski, senior...
Hotter Than Expected Home Buying Season?
Until recently, the prognosis for the housing market wasn't great. With the economy in a free fall, home sellers swiftly took down their "For Sale" signs and many buyers chose to wait out the coronavirus pandemic. It was like the pause button was pushed on the...