Real Estate

Guaranteed Rate Supports Home Affordability with Public-Partnered Grants

RisMedia Todays Top Consumer Stories - February 20, 2024 - 3:34pm

Mortgage servicer Guaranteed Rate is expanding its Fannie Mae and Freddie Mac-backed mortgage products. The company cites this move as demonstrating its “proven commitment to supporting housing affordability.” The HomeReady (offered by Fannie Mae) and Home Possible (administered by Freddie Mac) mortgage grant programs offer a $2,500 non-repayable grant. The grants are part of a…

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Categories: Real Estate

Guaranteed Rate Supports Home Affordability with Public-Partnered Grants

Daily Real Estate News - February 20, 2024 - 3:34pm

Mortgage servicer Guaranteed Rate is expanding its Fannie Mae and Freddie Mac-backed mortgage products. The company cites this move as demonstrating its “proven commitment to supporting housing affordability.” The HomeReady (offered by Fannie Mae) and Home Possible (administered by Freddie Mac) mortgage grant programs offer a $2,500 non-repayable grant. The grants are part of a…

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Categories: Real Estate

Consumer Sentiment Continues to Warm in February

RisMedia Todays Top Consumer Stories - February 16, 2024 - 10:32am

Consumers’ feelings continue to thaw toward the economy this winter, according to the latest data from the University of Michigan. Consumer sentiment grew an astounding 0.8% in February, following a 13.1% leap in January and a sharp increase in December. “The fact that sentiment lost no ground this month suggests that consumers continue to feel…

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Categories: Real Estate

Consumer Sentiment Continues to Warm in February

Daily Real Estate News - February 16, 2024 - 10:32am

Consumers’ feelings continue to thaw toward the economy this winter, according to the latest data from the University of Michigan. Consumer sentiment grew an astounding 0.8% in February, following a 13.1% leap in January and a sharp increase in December. “The fact that sentiment lost no ground this month suggests that consumers continue to feel…

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Categories: Real Estate

The Role of Location on Property Valuation

RisMedia Todays Top Consumer Stories - February 15, 2024 - 3:29pm

The adage “location, location, location” continues regarding real estate. The location remains paramount despite the myriad factors contributing to a property’s market value—including size, condition and features. We will examine how the geographical positioning of a property significantly influences its desirability and, consequently, its market value. From the impact of school districts and crime rates…

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Categories: Real Estate

The Role of Location on Property Valuation

Daily Real Estate News - February 15, 2024 - 3:29pm

The adage “location, location, location” continues regarding real estate. The location remains paramount despite the myriad factors contributing to a property’s market value—including size, condition and features. We will examine how the geographical positioning of a property significantly influences its desirability and, consequently, its market value. From the impact of school districts and crime rates…

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Categories: Real Estate

A Comprehensive Guide to the Pros and Cons of Buying Used Appliances

RisMedia Todays Top Consumer Stories - February 15, 2024 - 2:35pm

In today’s consumer-driven society, purchasing new or used appliances is a common dilemma. While brand-new appliances come with the allure of the latest technology and warranties, buying used appliances has advantages and disadvantages. We will examine the pros and cons of buying used appliances. Our guidance will help you decide based on your unique needs…

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Categories: Real Estate

A Comprehensive Guide to the Pros and Cons of Buying Used Appliances

Daily Real Estate News - February 15, 2024 - 2:35pm

In today’s consumer-driven society, purchasing new or used appliances is a common dilemma. While brand-new appliances come with the allure of the latest technology and warranties, buying used appliances has advantages and disadvantages. We will examine the pros and cons of buying used appliances. Our guidance will help you decide based on your unique needs…

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Categories: Real Estate

Economists Weigh in on the Future of First-Time Buyers

RisMedia Todays Top Consumer Stories - February 15, 2024 - 11:48am

Although we’re in the midst of a market correction, the future of the housing market is still up in the air—with many questions centering around first-time homebuyers.  While there are still individuals embarking on the journey of first-time homeownership, it’s less than what we’ve seen in the past. Recent data from the National Association of…

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Categories: Real Estate

Economists Weigh in on the Future of First-Time Buyers

Daily Real Estate News - February 15, 2024 - 11:48am

Although we’re in the midst of a market correction, the future of the housing market is still up in the air—with many questions centering around first-time homebuyers.  While there are still individuals embarking on the journey of first-time homeownership, it’s less than what we’ve seen in the past. Recent data from the National Association of…

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Categories: Real Estate

Questions to Ask a REALTOR® When Getting Divorced

RisMedia Todays Top Consumer Stories - February 12, 2024 - 3:29pm

Divorce can be challenging and emotional, and one of the significant decisions couples often face is selling their house. Selling a house during divorce can complicate an already difficult situation. That’s where hiring a REALTOR® with divorce experience comes in. Divorcing couples can navigate the home-selling process far more efficiently with a pro in their…

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Categories: Real Estate

Questions to Ask a REALTOR® When Getting Divorced

Daily Real Estate News - February 12, 2024 - 3:29pm

Divorce can be challenging and emotional, and one of the significant decisions couples often face is selling their house. Selling a house during divorce can complicate an already difficult situation. That’s where hiring a REALTOR® with divorce experience comes in. Divorcing couples can navigate the home-selling process far more efficiently with a pro in their…

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Categories: Real Estate

When and Why Prospective Buyers Should Get a Property Survey

RisMedia Todays Top Consumer Stories - February 8, 2024 - 3:17pm

Purchasing a home is a significant investment. It’s crucial to ensure that you clearly understand the property boundaries and potential issues that may affect your ownership. One essential step in the home-buying process is getting a property survey. We will explore the reasons for a property survey, when to complete one and what it entails.…

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Categories: Real Estate

When and Why Prospective Buyers Should Get a Property Survey

Daily Real Estate News - February 8, 2024 - 3:17pm

Purchasing a home is a significant investment. It’s crucial to ensure that you clearly understand the property boundaries and potential issues that may affect your ownership. One essential step in the home-buying process is getting a property survey. We will explore the reasons for a property survey, when to complete one and what it entails.…

The post When and Why Prospective Buyers Should Get a Property Survey appeared first on RISMedia.

Categories: Real Estate

Questions to Ask a Real Estate Agent When Buying a House: A Comprehensive Guide

RisMedia Todays Top Consumer Stories - February 5, 2024 - 3:36pm

Buying a house is one of the most significant financial decisions ever. Finding the right real estate agent to guide you through the process is crucial. There are many excellent reasons to have a buyer’s agent. Whether you’re a first-time homebuyer or a seasoned investor, interviewing a REALTOR® effectively can make all the difference in…

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Categories: Real Estate

Questions to Ask a Real Estate Agent When Buying a House: A Comprehensive Guide

Daily Real Estate News - February 5, 2024 - 3:36pm

Buying a house is one of the most significant financial decisions ever. Finding the right real estate agent to guide you through the process is crucial. There are many excellent reasons to have a buyer’s agent. Whether you’re a first-time homebuyer or a seasoned investor, interviewing a REALTOR® effectively can make all the difference in…

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Categories: Real Estate

New Data Offers Cautious Optimism for Spring Home-Buying Season, Mortgage Market

RisMedia Todays Top Consumer Stories - February 5, 2024 - 2:10pm

As the sluggish 2023 housing market retreats farther from view, new industry data points to reasons to be cautiously optimistic about the upcoming spring home-buying season. Thanks to lower mortgage rates as of late, affordability pressures have eased. The share of income needed to buy a median home in the U.S. decreased by nearly 5…

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Categories: Real Estate

New Data Offers Cautious Optimism for Spring Home-Buying Season, Mortgage Market

Daily Real Estate News - February 5, 2024 - 2:10pm

As the sluggish 2023 housing market retreats farther from view, new industry data points to reasons to be cautiously optimistic about the upcoming spring home-buying season. Thanks to lower mortgage rates as of late, affordability pressures have eased. The share of income needed to buy a median home in the U.S. decreased by nearly 5…

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Categories: Real Estate

Consumer Sentiment Continues to Gain Momentum

RisMedia Todays Top Consumer Stories - February 2, 2024 - 12:06pm

The latest Survey of Consumers from the University of Michigan finds that consumer sentiment in January remains relatively rosy, suggesting optimism about the economy as the new year gets underway. The Index of Consumer Sentiment, calculated by surveying consumers, currently sits at 79, a substantial increase both month-over-month (69.7 in December 2023) and year-over-year (64.9…

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Categories: Real Estate

Consumer Sentiment Continues to Gain Momentum

Daily Real Estate News - February 2, 2024 - 12:06pm

The latest Survey of Consumers from the University of Michigan finds that consumer sentiment in January remains relatively rosy, suggesting optimism about the economy as the new year gets underway. The Index of Consumer Sentiment, calculated by surveying consumers, currently sits at 79, a substantial increase both month-over-month (69.7 in December 2023) and year-over-year (64.9…

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Categories: Real Estate