Category Archives: For Buyers

2019 Mortgage Rates Were Lowest in Nearly 50 Years

The interest rate for the 30-year fixed-rate mortgage averaged 3.9% for 2019, the fourth lowest annual average since 1971, according to Freddie Mac. For 2020, Freddie’s outlook mirrors that of the real estate industry’s top economists, who discussed their predictions at … Continue reading

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New Flooring Trends Emerging

More than 30% of homeowners say the floors are what they dislike most about their properties, according to a survey conducted by online loan marketplace LightStream. New flooring may even increase a home’s value, Dan DiClerico, an expert with HomeAdvisor, … Continue reading

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Most Popular Living Room Styles

Living room layouts enabling greater social interaction, as well as design accents like built-ins, were big trends this year. Houzz, a popular home remodeling site, recently rounded up the living room and family room photos uploaded to its site this … Continue reading

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Buyers More Flexible on Commute Than Home Size

Most consumers are willing to extend their commutes in order to find a single-family home with a yard, according to a new Redfin survey of 1,400 consumers. Eighty-nine percent of survey respondents say they would choose a single-family home with … Continue reading

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Best Way to Triumph in a Bidding War

Cash offers are overwhelmingly the top way for home shoppers to emerge as a victor in a bidding war. An all-cash offer tends to double a buyer’s odds of getting their offer accepted when in a competitive buying situation for … Continue reading

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Double Master Suites Are a Growing Trend

Double master bedrooms are proving to be a growing trend in new luxury developments, Forbes.com reports. As more homeowners want to live near their families and multigenerational households become more common, relatives and adult children move in together; as a … Continue reading

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Home Warranty Catch You Should Know

Some sellers are hoping to hook a buyer by offering a one-year home warranty to cover repair costs for items such as appliances, electricity, or plumbing. The tactic, which is gaining popularity, is meant to give buyers peace of mind that … Continue reading

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How to Experience a Neighborhood Before Moving In

Before purchasing a car, many consumers like to give it a test drive to make sure the vehicle is the right fit for them. Likewise, some house hunters are asking for a “test stay” at a home before signing the … Continue reading

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Where Bargain House Hunters Should Shop This Winter

ATTOM researchers pinpointed the following states that often see the largest discounts below full market value in the winter: Ohio: –7.4% in January Michigan: –7.2% in February Delaware: –6.3% in February Tennessee: –6.2% in January New Jersey: –5.8% in December … Continue reading

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Cohabitating Unmarried Couples Are on the Rise

The share of American adults who live with an unmarried partner has more than doubled since 1993. The percentage still remains small—3% in 1993, compared to 7% now—but the growing numbers are significant because demographers say it represents a shift … Continue reading

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