Forbes.com compiled its annual list of America’s Fastest-Growing Cities by ranking the 100 largest metro areas and their surrounding suburbs. For its rankings, they factor in population growth for 2015 and 2016, year-over-year job growth for 2015, the metro’s economic growth rate, unemployment, and median annual pay for college-educated workers in the area.
Click HERE to see the list.
The Federal Trade Commission and the National Association of REALTORS® issued a warning to consumers to be mindful of a growing mortgage closing phishing scam that could leave buyers with no down payment.
For more information about this scam, read this ARTICLE.
A new survey shows they’re coveted amenities among home shoppers. Architects recently surveyed by the American Society of Landscape Architects pinpointed fireplaces and fire pits as the number one outdoor design element for 2016.
For the second consecutive week, mortgage rates edged higher. But even with slight increases this week, mortgage rates still are “very attractive for the upcoming spring home-buying season,” Freddie Mac reports.
For details on the rates for specific mortgage types, READ ON…
Congress just a few weeks ago passed the Permanent Internet Tax Freedom Act, and, as the name implies was passed. The 10 states that levy the related taxes will have to stop by June 30, 2020.
For more information and other real estate news (video), click HERE.
Eighty percent of adults 45-plus say that they plan to age in place and “remain in my local community” when they retire, according to a survey by the AARP. But as they approach retirement, some are choosing to do the opposite of what they once thought: They’re either moving to the city or choosing to upsize their digs.
Find out more HERE.
Spread the good news: The nation increased its number of financially secure households by a significant amount in 2015. By the end of the fourth quarter, about 46.3 million – or 91.5 percent – of all properties with a mortgage had equity, according to CoreLogic’s most recent analysis, released this week.
Real estate data firm RealtyTrac researched the effect that living near a Target or Walmart could have on home prices. For its study, RealtyTrac analyzed home values, appreciation, and property taxes in ZIP codes with a Walmart or a Target.
Read more HERE.
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