Stock market volatility has minimal effect on home purchasing power, survey finds

The recent downturn in the stock market has caused many people to hold off on checking the status of their 401(k). However, a recent survey by the real estate company Redfin found that most buyers were undeterred by the diminished value of their...

Fannie Mae: Strong mortgage demand fuels lender profitability expectations

The share of lenders expecting their profit margins to increase hit a new high in the first quarter of 2020, according to the latest Mortgage Lender Sentiment Survey from Fannie Mae.

Survey: Coronavirus affects home showings, buyer interest

As recommendations such as self-isolating and avoiding personal contact become more widespread in response to the coronavirus pandemic, the National Association of Realtors finds that home sellers are increasingly likely to take steps such as...

Bidets reduce toilet paper use and add a luxury touch to the bathroom

Confronted with barren bath tissue sections, more homeowners are considering it a good time to get a bidet.

Property Transactions March 27, 2020

Property Transactions March 27, 2020

Why use a Realtor®? – Part 1

If you're still not convinced of the value of a Realtor®, Hanner has twelve reasons to use one. Here are the first five.

Home remodeling accelerates in response to homebuilding lag

Rising home values, a shortage in new home inventory, and aging housing stock are all helping to fuel strong growth in the remodeling industry, according to a report by the Joint Center for Housing Studies of Harvard University.

Report: Millennial home preferences often match those of oldest buyers

Compare the tastes of a twentysomething and a septuagenarian on any topic and you'll likely find that they differ considerably. Yet a recent report by the National Association of Realtors finds that millennials share many homebuying characteristics...

Refinancing your mortgage: what percentage drop is worth it?

In general, you'll want to consider the difference between your current rate and the market rate to determine how much money you can save on your monthly mortgage payment.

Built-in bathtubs vs. freestanding ones

Both built-in and freestanding bathtubs have their advantages and disadvantages, and your choice should come down to your own taste and needs.

Property Transactions March 20, 2020

Property Transactions March 20, 2020

Survey: Relocation can aid telecommuting, affordability

Moving to a new home often gives residents more chances to work remotely, according to a recent survey by the real estate site Redfin. Respondents were also likely to say relocating gave them the opportunity to find a more affordable home without...

Creating a mudroom in a small space

In many homes, space is too limited for a dedicated mudroom near a front or back door. However, you can still create an area that serves the same functional purpose, even if you don't have much room.

Freddie Mac: U.S. housing market is short 3.3 million homes

Buyers who wish to purchase a home outnumber the available housing stock by more than 3 million, according to a recent report by Freddie Mac. However, the situation varies considerably throughout the nation, with 21 states having a surplus of...

Fannie Mae: Housing attitudes remain stable in February

Americans continued to hold positive attitudes toward the housing market and economy in February and were more optimistic than they were a year ago, according to the latest National Housing Survey by Fannie Mae. However, the organization also...

It's a great time to visit an open house

This spring, Realtors®—members of the National Association of Realtors®—across the country will hold thousands of open houses from coast to coast, aiming to focus attention on the benefits of homeownership for individuals,...

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Homesource

Southeastern Connecticut's guide to homes and home ownership. Buying, selling, landscaping, renovating, organizing, and more! Published: Every Friday

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