Real Estate Blog
Using the 28/36 Rule to Budget for a Home
Using the 28/36 Rule to Budget for a Home By Jim Probasco The 28/36 rule helps buyers gauge affordability: spend no more than 28% of income on housing and 36% on total debt, though some lenders may allow more. NEW YORK — "How much can I afford to pay for a house?" It's...
...read moreSellers Enter Spring Market With High Hopes
Sellers Enter Spring Market With High Hopes A new Realtor.com survey finds potential sellers think it's a good time to sell, with most expecting to get asking price despite mortgage rate concerns. AUSTIN, Texas — Sellers across the U.S. are optimistic heading into this year's Best Time to Sell with 70% of...
...read moreBuyers and Sellers: Staying Ahead in the Market
Buyers and Sellers: Staying Ahead in the Market With mortgage rates steady, buyers and sellers must remain prepared. Home improvements, decluttering and proper financial prep can help navigate today's market. NEW YORK – People considering buying or selling a home are facing a unique market. The real estate market has been in...
...read moreMortgage Rates Dip for Second Week
Mortgage Rates Dip for Second Week By Alex Veiga The average rate on 30-year mortgages fell to 6.64% from 6.65% last week while rates on 15-year mortgages went down to 5.82% from 5.89%. NEW YORK —The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a...
...read moreDeSantis Proposes Florida-First Property Tax Relief
DeSantis Proposes Florida-First Property Tax Relief By Marla Martin At a press event at Florida Realtors’ Orlando office, the governor said homesteaded Floridians need “immediate relief” from the impact of rising property taxes. ORLANDO, Fla. — Gov. Ron DeSantis announced a plan for property tax relief for Florida residents during a press conference...
...read moreTips to Make a Bedroom a More Relaxing Space
Tips to Make a Bedroom a More Relaxing Space By using new window treatments, clearing out clutter, banishing devices and installing ambient lighting, homeowners can turn their bedrooms into sanctuaries. EL CENTRO, Calif. — Homes are often characterized as sanctuaries. A home's interior spaces can provide a respite from the hustle and...
...read moreCreating a Peaceful Backyard Retreat
Creating a Peaceful Backyard Retreat A relaxing backyard space could include water features, shaded spots and multiple gathering spaces. Backyard retreats may boost home value by 3.1%. CHINO, Calif. — The days when patios and decks were all a backyard living space had to offer are largely a thing of the past, as...
...read moreBest Time to Sell Right Around the Corner
Best Time to Sell Right Around the Corner Sellers who list April 13-19 could potentially make $4,800 more, sell their home nine days faster and have 13.2% less competition on average, Realtor.com said. AUSTIN, Texas — In a challenging real estate market, timing can make a difference and this year, according to...
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