Fannie Mae: Consumers typically overestimate mortgage requirements
Consumers are frequently unaware of the requirements to qualify for a mortgage or overestimate the necessary qualifications, according to a recent report by Fannie Mae.
Housing sentiments rise on buying optimism in latest Fannie Mae survey
Americans had more positive opinions about the housing market in May, due largely to the increased feeling that it is a good time to buy a home, according to the latest National Housing Survey by Fannie Mae. Buying a home looked more attractive as...
Negative equity plummets in Q1 2019
The share of homes in the United States worth less than their loans dropped sharply from the previous year despite an overall increase in negative equity, according to the latest quarterly report by the real estate data company CoreLogic.
Survey: Most consider moving for love to be worth the risk
A recent survey of 1,000 people by the moving resource Hire A Helper found that nearly one in four people changed residences due to a romantic relationship. While respondents said there were certain challenges to the process and that the...
Moss, gravel, and other options for no-mow lawns
If you're tired of mowing the lawn, you may opt for a no-mow alternative. These options will still require some maintenance, but they can improve the appearance of your yard, make it more functional, and take a weekly chore off your "to do" list.
Pending home sales drop in April
The rate of pending home sales in the United States fell on both a monthly and annual basis in April, according to the National Association of Realtors. The organization says that while demand has remained strong for more affordable listings, there...
Survey: Homeownership comes with regrets, but is preferable to renting
A survey by the real estate site Zillow suggests that a majority of homeowners have at least one regret about the property they purchased. However, few of them wish they were renting their residence instead.
Keeping your fire pit safe this summer
Starting a fire next to your home can also pose a risk for property damage or injury. Making sure you set up and use your fire pit properly will minimize the chances of a disaster.
Survey: Homeownership still considered a good investment despite expected slowdown in price growth
Respondents to an annual survey by the Federal Reserve Bank of New York expect less robust home price growth in the year ahead, which in turn would mean a slower buildup of equity. However, the majority of respondents continued to view homeownership...
What you need to know about home appraisals
Understanding how appraisals work will help you achieve a quick and profitable refinance or sale. An appraisal is a professional opinion of the value of your home based on what similar homes in your area have sold for in recent months.
Survey: Noise and traffic most likely to dissuade buyers from a neighborhood
Homebuyers often have to make compromises when it comes to the type of home they buy or the neighborhood they move to. However, a recent survey by the home improvement site Porch.com suggests that some neighborhood qualities are more likely than...
Bright and unusual columbine flowers lighten the mood in the garden
Columbines are short-lived herbaceous perennials in the buttercup family, with more than 70 species available to grow.
Is the open house worth it?
Many real estate agents have suggested that open houses are of little use when selling a home. However, a recent study by the real estate company Redfin suggests that they are sometimes associated with a higher sales price or shorter time on the...
NAR optimistic as existing sales decline in April
Home sales continued to decelerate in April, according to the National Association of Realtors. However, the organization anticipates that pent-up demand will help buoy sales in the following months.
Homesource
Southeastern Connecticut's guide to homes and home ownership. Buying, selling, landscaping, renovating, organizing, and more! Published: Every Friday