Many homeowners are decking their interiors and exteriors with boughs of holly and other festive accoutrement—but how much is too much? Some homeowners say they’ve confronted their neighbors about what they consider to be “obnoxious” holiday decorations, according to a new survey by furniture retailer Joybird.Those who live in the West are most likely—at 13 percent—to have a confrontation with neighbors over holiday decorations, compa
Nationwide, single women own about 22 percent of homes, which far outpaces single men, who own less than 13 percent, according to a new study by online marketplace LendingTree. More single women are homeowners than single men in all 50 of the largest metros as well, even though women tend to earn 80 percent of the average man’s income, the study shows. But do the genders tend to gravitate toward certain areas of the country?Analyzing data from
Home buyers are bringing more money to the closing table. The median down payment on single-family homes and condos purchased with financing in the third quarter was $20,250—up 7 percent from the previous quarter. The median down payment as a percentage of the median home sales price was 7.6 percent in the third quarter—the highest percentage since the fourth quarter of 2003, according to ATTOM Data Solutions, a real estate data provider.Amon
The Federal Housing Administration has announced that most of the country will see an increase to loan limits in the new year. The loan limit for lower-cost areas will be set at $314,827—or 65 percent of the national conforming loan limit of $484,350. In high-cost areas, the new FHA limit for 2019 will increase to $726,525, up from $679,650. The new loan limits will take effect Jan. 1.The FHA sets single-family forward loan limits at 115 perc
The U.S. saw a 0.3 percent increase in homelessness this year, marking the second consecutive year for such an uptick, according to the U.S. Department of Housing and Urban Development’s annual report to Congress. The uptick comes at a time when unemployment is nearly at a 50-year low and incomes are on the rise. “There is a critical shortage of affordable rental housing in every jurisdiction across the country,” Barbara Poppe, an official
Tom Ferry’s best advice to conquer the new year – even in a changing market Volatility in the market doesn’t mean you need to lower your expectations. I’m a firm believer that 2019 will be full of opportunity and can be your absolute #BestYearEver.If you agree, I’ve got six steps that should form the foundation of your success over the next 13 months.Set a meaningful goalSuccess starts with having something to aspire to.Without a goal i
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Home shoppers and refinancers saw some relief in mortgage borrowing costs this week. The 30-year fixed-rate mortgage moved to its lowest average since mid-September, Freddie Mac reports.“Mortgage rates have either fallen or remained flat for five consecutive weeks and purchase applicants are responding with an uptick in demand given these lower rates,” says Sam Khater, Freddie Mac’s chief economist. “While the housing market softened in r
Home sellers may need to get more realistic heading into the new year with signs of a slowing housing market. As for home shoppers, they may find more deals. Seventy-seven percent of current listings will likely sell below the original list price in the first quarter of 2019, according to a new forecast released by Knock, an iBuyer company that offers home sellers instant cash offers on their home.The company analyzed on-market listings in the la
The biggest pest of 2018? Bedbugs.The second annual Terminix Entomologists’ Almanac took a look at the biggest pest trends from the past year based on social media chatter and internet queries. Bedbugs clinched the title for the second year in a row.Americans searched for information about bedbugs more than 6.7 million times this year—more so than any other pest. Terminix, a national pest control company, says it has seen a steady increase
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