Real Estate

Wallpaper Removal Cost Guide: DIY vs. Professional Removal

RisMedia Consumer News - April 22, 2024 - 12:54pm

Removing wallpaper can rejuvenate or transform any space. Whether you’re updating your home’s look or preparing to put your house on the market. However, deciding between embarking on a DIY project or hiring professionals involves more than just time and effort. It’s also about understanding the costs involved. I will share my knowledge of the…

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Categories: Real Estate

Luxury real estate prices just hit an all-time record

cnbc real estate - April 22, 2024 - 12:44pm
Luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin.
Categories: Real Estate

Here's why FEMA has spent about $4 billion to help destroy flood-prone homes

cnbc real estate - April 22, 2024 - 4:05am
Floodplain buyouts allow homeowners to move out of harm's way and help the community create open space that can collect flood waters to protect other homes.
Categories: Real Estate

Homeownership isn't for everyone, money coach says: Don't fall for artificial 'pressure to buy'

cnbc real estate - April 20, 2024 - 6:30am
Latina financial expert Jannese Torres, host of the "Yo Quiero Dinero" podcast, discusses what she has learned about certain milestones such as homeownership.
Categories: Real Estate

Mortgage rates are now at the highest level of the year, and could still climb

cnbc real estate - April 18, 2024 - 2:49pm
The average rate on the popular 30-year fixed mortgage sits around 7.5%, the highest level since mid-November of last year, according to Mortgage News Daily.
Categories: Real Estate

Understanding the Importance of Septic Inspections as a Buyer and Homeowner

RisMedia Consumer News - April 18, 2024 - 1:20pm

Septic tank inspections are crucial for any homeowner considering the purchase of a house with a septic system. I will cover the inspection process, identify who should perform it and explain its importance. A septic system handles a home’s wastewater, making its condition vital for property value and health standards. Inspections can prevent future expenses…

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Categories: Real Estate

S&P 500 gives up its earlier gains — but Meta bucks the trend as new AI model debuts

cnbc real estate - April 18, 2024 - 12:39pm
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Categories: Real Estate

March homes sales dropped despite a surge in supply. Here's why.

cnbc real estate - April 18, 2024 - 11:29am
The median price of an existing home sold in March was $393,500, up 4.8% from the year before.
Categories: Real Estate

Here are some tips for homebuyers to save on costs with newly built homes, experts say

cnbc real estate - April 18, 2024 - 8:53am
While the cost of a new house depends on multiple factors, the sticker price might jump on the finishes you add, an advisor says. Here's how to cut costs.
Categories: Real Estate

Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns

cnbc real estate - April 16, 2024 - 7:18pm
Sheila Bair, who ran the FDIC during the financial crisis, is nervous about a handful of regional banks going into earnings.
Categories: Real Estate

How to Assess the Financial Stability of an HOA

RisMedia Consumer News - April 15, 2024 - 1:35pm

Understanding a Homeowner Association’s (HOA) financial stability is crucial for maintaining property values and ensuring residents’ high quality of life. Key examination elements include reserve funds, special assessments and financial planning. Reserve funds cover significant repairs and replacements, special assessments address unforeseen expenses and financial planning ensures long-term stability. Understanding these aspects helps members make…

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Categories: Real Estate

Consumer Sentiment Continues to Fall in April

RisMedia Consumer News - April 12, 2024 - 10:35am

While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in April. The dip, however, is not any cause for concern, according to experts. Consumer sentiment fell 1.9% in April, following a 0.5% decrease in March. These drops come after a strong start to 2024, with a 0.8%…

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Categories: Real Estate

Vietnamese property tycoon sentenced to death in country’s largest financial fraud, state media reports

cnbc real estate - April 11, 2024 - 10:09am
The Vietnamese property tycoon Truong My Lan was sentenced to death on Thursday for her involvement in the country's biggest financial fraud case.
Categories: Real Estate

The Reality of a Seller’s Market

RisMedia Consumer News - April 10, 2024 - 12:58pm

Just what is a “seller’s market” and how does this truly impact your sellers and buyers?  In today’s market you may be surprised that the traditional concepts might not quite be so black and white. Knowing and understanding the implications of this non-traditional seller’s market is likely to make a critical difference in how to…

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Categories: Real Estate

Should you refinance your mortgage? Here are three signs it's time, real estate experts say

cnbc real estate - April 10, 2024 - 7:00am
Mortgage refinance activity plummeted to record lows in 2023 after interest rate hikes. Here are three signs to help you decide when refinancing makes sense.
Categories: Real Estate

Mortgage refinance demand surges even as rates cross back over 7%. Here's why

cnbc real estate - April 10, 2024 - 5:38am
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.01% from 6.91%.
Categories: Real Estate

China needs a narrative that house prices are going to rise, Nomura's Koo says

cnbc real estate - April 9, 2024 - 6:05pm
China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura.
Categories: Real Estate

Buyers of newly built homes can face a property tax surprise. Here's why

cnbc real estate - April 9, 2024 - 1:18pm
Newly built homes often come with a buffet of perks from the building company. However, first-time owners often face a property tax shock after the first year.
Categories: Real Estate

People May Finally Be Adjusting to Higher Mortgage Rates

RisMedia Consumer News - April 9, 2024 - 9:25am

Despite continued pessimism surrounding mortgage rates, home buyers and sellers are feeling a bit more confident in the housing market lately, according to recent data from Fannie Mae. The latest Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 0.9 points in March to 71.9, its first decline since November 2023. The slight decrease is mainly…

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Categories: Real Estate