With a record low number of listings this spring, more buyers may be finding themselves in a bidding war for the home they want. CNBC recently highlighted a few tips on how buyers can be successful in a bidding war, including:Set the maximum price from the start. Home shoppers should factor in the monthly mortgage payment, property taxes, homeowners insurance, and any homeowner association or condo fees. They’ll want to arrive at a general est
Homeowners care about the entertainment value a backyard offers, and they’re devoting money to sprucing these spaces up, according to the latest Houzz Landscaping Survey, based on responses by more than 750 homeowners who are either in the middle of a landscaping project or planning one.Homeowners are investing in several landscaping projects to make their outdoor areas more livable, such as adding more seating with lounge furniture, dining fur
Real estate professional Laura Lucky was showing a home to a couple in Scottsdale, Ariz., when they drove up on a sight taken straight from the Wild West: a hungry bobcat versus an undeterred rattlesnake along the road.Lucky began recording the snake as it took a bite out of the bobcat. The two fought for several minutes. She posted her video on social media. As of Thursday, the video had nearly 1 million views.“The rattlesnake had come up and
The multifamily sector has seen a frenzy of apartment construction over the last decade, but it’s single-family homes that were the fastest growing type of rental between 2007 and 2016, according to a new study by RentCafe. Over the last decade, single-family rentals rose by 31 percent, while the multifamily sector grew by 14 percent. In net gain, the growth makes up 3.6 million units versus 3.2 million units added, respectively.Single-family r
President Donald Trump has threatened to impose a tax on steel and aluminum from China and other countries. Both sides have threatened to impose tariffs on multiple products. In reaction, the stock market has been volatile. But will the trade disputes leave Chinese buyers skittish about U.S. real estate?“At this point, most Chinese buyers are cautiously optimistic,” Carrie Law, CEO of Juwai.com, a Chinese international real estate website, to
A jury in California ruled that a Coldwell Banker real estate agent did not breach his fiduciary duty in a case involving discrepancies in a home’s reported square footage. The case stems from a dispute that arose after Hong Kong millionaire Hiroshi Horiike purchased a Malibu mansion for $12.25 million in cash in 2007. Chris Cortazzo, the listing agent, provided Horiike with a flier that stated the home had 15,000 square feet of living space
Austin, Texas, ranked number one for the second year in a row as the top place to live in the United States, according to new rankings released by U.S. News & World Report. The magazine ranks the 125 largest metros based on affordability, employment prospects, and quality of life each year.“When deciding on a place to settle down, it’s important to understand that where a person lives can impact their well-being,” says Kim Castro, execu
More generations are living under one roof together. A new analysis from the Pew Research Center shows that households with two or more adult generations hit an all-time high in 2016, using the most recent census data available for the analysis.The number of multigenerational households rose to an all-time high of 20 percent—or 64 million—of the U.S. population in 2016.The multigenerational household trend appears to be growing across nearly
If you want to get more prospects on your website this spring, you may want to take a closer look at your promotional efforts online. Forbes.com columnist Brad Keys recently offered a few of the best strategies for 2018 in getting more traffic to your website, including:1. Use hashtags.On your social media posts, make sure you include a proper hashtag to help promote it. “People have become increasingly picky about the content that they consum
You know those classic unsolicited emails from scammers posing as a Nigerian prince or a long-lost cousin? The ones with dreadful grammar, five different fonts, and three type colors? In some ways, we can consider those the good ol’ days of phishing scams, because they were quite easy to identify as false.Today, email scams are much more sophisticated, explained Katie Johnson, NAR’s general counsel and senior vice president of legal affairs
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