Rents rise for 18th consecutive quarter amid tight credit and inventory shortage

The average monthly rent for an apartment has increased for 18 consecutive quarters, as tight mortgage credit, changing preferences among millennials and inventory shortages have combined to continually erode the affordability of units, The Wall Street Journal reports. Rents rose … read more

Your home: It pays to keep up with the Joneses

Letting your house slip behind your neighbors’ could lower your home value and cost you when you sell. Read full story for latest details. read more
What can real estate pros learn from Spain’s World Cup loss?

Real estate nirvana? Not quite. The market is consistently improving, but nirvana it is not. There are so many factors that can throw a monkey wrench in the works — internal and external factors. As an agent, how do you function in that environment? Let me tell you about how top agents do it. They are real estate athletes … read more
Guest Picks: Patriotic Pride for Barbecues and Beyond (27 photos)

Long live the Fourth of July, and long live the barbecue! They’re as American as they come. I will be celebrating both this July with friends and family and a fresh injection of festive Fourth-themed decor. We’ll all gather around the grill, patio bar cart and fire pit to honor our forefathers and… read more
Should I Rent My House If I Can’t Sell It?

Rents are skyrocketing and homes are still at great prices. These two situations are also causing some sellers to consider renting their home instead of selling it. read more

Top Field Guides for June 2014

Field Guides are one-stop resource packages on dozens of subjects of interest to REALTORS®. On each page you’ll find links to articles, books, web sites, statistics, and other material on each subject. The list of the most-used field guides from Information Central for the month of June 2014 was released today: Field Guide to Quick Real […] read more

What Goes With a Redbrick Fireplace? (12 photos)

Many older homes (and some new ones) have redbrick fireplaces — some gorgeous, some not so much. If you are not interested in painting the brick, taking the natural hue of the masonry into account… read more
Should You Text With Your Landlord?

Of course, laws vary from state to state and city to city on this topic. But here are some examples from around the country to give a sense of which way the law is headed. read more

Where America’s millionaires live

Want to meet a millionaire? Head to Maryland. It’s the state with the most millionaires per total households. Check out our map to see where your state ranks. read more
How to Start Finding a Greener House (10 photos)

So youre looking for a new home, and you want it to be as green and environmentally responsible as possible. Perhaps its because you heard that you can save on utility bills if you have an energy efficient home. Maybe you dig the look. Or maybe you want to try to be an ethical consumer… read more
More homeowners becoming landlords

Low mortgage rates and soaring rents have enticed a growing number of homeowners to hang onto their former homes and rent them out rather than sell. read more
Homebuyers’ Guide to Choosing the Right Neighborhood

Filed under: News, Advice, Buying ShutterstockFinding the right neighborhood to buy a home involves much more than affordability — such as tax rates and quality schools. By AJ Smith When most of us shop for a new home, affordability is at the top of our “important requirements” list. While this is clearly an important factor, finding the right neighborhood involves a slew of other considerations. Here are some of the factors to think about before settling on your new location. Cost: Your income, credit scores and debt combine with the down payment, mortgage term, interest rate and current real estate market to determine how much house you can afford. Property taxes also have an effect on housing cost by neighborhood so be sure to investigate if the area is getting a steal or getting the short end of the stick when it comes to return on tax dollars. It’s a good idea to think about the places you visit frequently and how close or far away they will be. (You can also check your credit scores for free on Credit.com to get an idea of where you stand before you begin your search.) Proximity to Schools: Even if you do not have children, proximity to good public schools instantly adds value to your neighborhood and property, which can be crucial when it comes time to sell the home. Be sure to look into the public and private education in your area and calculate the costs and convenience factors of each if you do have children. Safety: Understanding the crime rate in your neighborhood is an important step to making the decision of where to live. It’s important to take into account the violent and property crime numbers and how they compare to other neighborhoods you are considering. Demographics and Growth: Diversity, population and neighborhood characteristics are all important aspects that make a big difference on a neighborhood. Investigate how the neighborhood has grown in recent years — and who and how many people live there — to do determine if it is somewhere you would fit in or stand out. Access: When picking your next home, it’s a good idea to think about the places you visit frequently and how close or far away they will be. From grocery stores and pharmacies to banks, laundromats and gyms, evaluate whether the options around your potential dwelling include what you need or like at a reasonable cost. You may want to try out your commute as it can greatly impact your quality of life. Finding the right neighborhood for you and your wallet is a personal experience. While it may not always be foolproof, it’s a good idea to research the above factors for a potential home before signing on the dotted line! Permalink | Email this | Comments read more
4 Things All Buyers Should Keep in Mind

Whether you’re looking for your dream home or an investment property to help build your retirement nest egg, here are a few things to keep in mind. read more

Boomerang kids: Nothing wrong with living at home

Remember when kids couldn’t wait to move out of their parents’ house? Well those days are over. read more
In Rarefied Air: Meet 3 Cutting-Edge Home Sensors (3 photos)

The idea of having sensors in your home to monitor environmental conditions sounds futuristic. But really sensors have been around for ages. Thermostats, thermometers and smoke detectors have been providing useful air sensing for a long time. Whats new is that the sensors are getting better and their… read more