The majority of renters aren’t happy with the location of where they live, according to a new survey by RentCafe of more than 2,000 renters. Eighty-three percent of renters say they live in less than their ideal location, but cost of rent was their number one concern in moving. Sixty percent of the renters surveyed say they are not able to pay anything more than the actual rent or a maximum of $100 more to live in their preferred location.The n
Mortgage rates have been up and down in recent weeks, so when borrowers saw little fluctuation last week, they jumped at a chance to lock in a rate. Home refinancers, in particular, took advantage.Total mortgage application volume rose 5.1 percent last week on a seasonally adjusted basis compared to the previous week. The gain was fueled by homeowners who were refinancing. Refinancing applications increased 6 percent for the week. However, such a
Mortgage rates are on the rise. Could that derail sales? According to First American’s Potential Home Sales model, even if the 30-year fixed-rate mortgage rose to 5 percent, the impact on the housing market would be modest. Many economists are predicting that the 30-year fixed-rate mortgage will average 5 percent by the end of 2018 or early 2019. First American’s Potential Home Sales model estimates the potential for existing-home s
A growing number of developers believe wellness home features are a big pull for buyers. The wellness real estate boom first sought to make office environments healthier, and now it is focusing more on the residential market, according to a new report released by the Global Wellness Institute. Homes that are designed for wellness usually focus on energy efficiency and sustainable construction first, and then look at wellness programs withi
The majority of homeownership conversations focus on the impact from millennials, but senior citizens may actually have more influence in shaping the future market, according to the Joint Center for Housing Studies of Harvard University’s 2018 State of the Nation’s Housing report. The median age of homeowners is on the rise, increasing from 50 in 1990 to 56 in 2016. Americans over the age of 65 were the only age group who had a higher
iPro currently deals throughout the states of California, Texas, Florida and New York. We continue to strive and broaden opportunities for real estate professionals and consumers. Visit iprore.com for the latest information and links.Click here for information on becoming a salesperson.
As more home buyers relocate from the North to the South, two Florida counties now top the list of the nation’s fastest-growing luxury markets, according to realtor.com®’s May 2018 Luxury Home Index.The top 5 percent of the priciest homes in Sarasota (North Port, Fla.) and Collier (East Naples, Fla.) counties rose 19 percent and 14 percent, respectively, in May. Broward County, where Fort Lauderdale, Fla., is located, ranked number 19 on the
The median lifespan in the U.S. is 79 years, according to the Centers for Disease Control and Prevention. But residents in some cities are living past 80, on average.“If you want to live a long time, the best thing you can do is move to a place where people are verifiably living the longest," says Dan Buettner, founder of Blue Zones, an initiative that works with communities to help set up wellness policies. He’s learned that communities wher
Real estate professionals in British Columbia are no longer allowed to take part in “double ending” deals, which means they can’t represent both the buyer and seller in a transaction. The ban, which is being implemented by the Real Estate Council of B.C., took effect last Friday. The practice of double ending is known as dual agency. Exceptions to the ban exist for transactions occurring in remote locations where there are fewer agents in b
Innit offers the following tips on “future-proofing” a kitchen remodel.Find a digital hub to manage your kitchen. “Similar to how we use platforms that manage our living room entertainment—connecting our music, TV shows, movies, and games—our kitchens will soon be managed by platforms that help plan, grocery shop, prepare, and cook,” according to Innit. Download apps that can help you take greater control over your kitchen by using v
This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.
