Jd Ross argues that millennials face considerably bleaker prospects than previous generations, which could ultimately hurt the economy BYJIM DALRYMPLE IIStaff Writer Millennials are regularly maligned as lazy, avocado toast-loving hipsters, but according to a co-founder of Opendoor — and a new study — the generation is instead plagued by a “debt machine” that puts […]

Mortgage rates rise for 4th consecutive week

The 30-year fixed rate has not been this high since May, says Freddie Mac BYVERONIKA BONDARENKO Mortgage rates have risen rapidly for the past four weeks, according to the latest Primary Mortgage Market Survey from Freddie Mac. The rate for a 30-year fixed-rate mortgage averaged 4.65 percent for the week of September 20 — the highest since May. Last […]

10 tips for making a first-time home purchase go smoothly

They might require extra time and more information at every step, but it’s a gratifying transaction BY NICOLE SOLARI Able real estate agents know the first step with first-time (and really all) buyersis to get them pre-qualified — preferably with a lender who is accustomed to working with this group of buyers and who has the patience to explain […]

58% of renters believe it’s a good time to buy

But a lack of affordable housing is holding them back from purchasing a home Despite low inventory and high home prices, the National Association of Realtors (NAR) Q4 Aspiring Home Buyers Profile says Americans are still holding on to their homeownership goals. According to the study, which is based on Q4’s HOME Survey data, 91 percent of homeowners and […]

What’s Hot: Trends in the Pipeline for 2018

Every industry tracks innovations in its field, and housing is no different. As a real estate pro, here are the need-to-know products and services promising to transform homes and your clients’ lifestyles over the next year or so. The big-picture view on housing trends in 2018 center around integrating technology and creating healthy and connected […]

7 repair requests buyers should never make

Repairs unrelated to a safety issue or the breakdown of an expensive system are better left alone Most buyers and sellers understand that buying and selling a home requires negotiation. You give a little here, and they concede a bit there. But what do you do when you have a buyer who demands unnecessary repairs after […]