Cleveland, where the average wedding costs $22,000 and the typical down payment is $34,000, is the most affordable place to get married and buy a new home. Engaged couples in Cleveland , Detroit and Pittsburgh can have their wedding cake and eat it too–in their new home, that is. That’s because these three Midwestern metros are the most affordable … Read More
This Week’s $530M Mega Millions Jackpot Winner Could Purchase Every Single Home For Sale in These Cities
Take your pick of Atlantic City, Cleveland or Milwaukee. The winner of this week’s $530 million Mega Millions jackpot , the seventh largest in the game’s history, would take home about $261.4 million after taxes if they choose the lump sum. To put that amount of money into context, we’ve come up with a list of cities where the Mega … Read More
Here’s What Homebuyers and Sellers Can Expect if the Fed Lowers Rates
Lower mortgage rates tend to push up housing demand and prices. A weakened stock market and looming economic fallout from trade wars have led many to expect that the Fed will lower interest rates this year . If the rate cuts come, and translate to a decline in mortgage rates, homebuying will become marginally more affordable, which is likely to … Read More
St. Louis, Chicago and Cleveland Are the Most Affordable Areas for Construction Workers to Buy Homes
But the people who build homes can’t afford to buy them in the California metros that need new housing the most. St. Louis is the most affordable place for a construction worker to buy a home, with 67.3 percent of homes for sale affordable on the median personal income for construction workers in the area, the highest share of any … Read More
Homes Listed with Professional Real Estate Photos Sell Quicker and For More Money. This Is Why.
First impressions are everything, especially in home buying. A gorgeous exterior vs. a crummy one decides whether you walk in the front door. Inside, spotless interiors are more likely to inspire a life there than a cluttered house that’s clearly, well, someone else’s home. And while this is where staging can play a huge role , it’s the listing pictures … Read More
New Construction Home Inspections: Are They Necessary?
In the midst of the last recession that crippled the U.S. real estate economy, new construction home inspections virtually disappeared. For several years there was too much available housing inventory at too low a price to make newly constructed homes competitive on cost. Essentially, buying a prebuilt house was more attractive to home buyers than building one. However, now with … Read More
Elizabeth Warren’s Plan to Forgive Student Debt Could Help Millennials Buy Homes 3 Years Faster
Aspiring homebuyers in expensive coastal markets would see the biggest benefits, but the plan would do little to help the overall housing affordability crisis. A couple of weeks ago, 396 graduating seniors at Morehouse College in Atlanta received a massive graduation gift: their student debt was eliminated by billionaire Robert F. Smith . Thanks to his generosity, these newly debt-free … Read More
10 Ways Sellers Can Prepare for Their Homes for Real Estate Photos
Ready to list your home? From opening the blinds to putting away photos, Redfin Photography Manager Drew Larrigan reveals small steps that make a big difference when it comes to preparing a home to sell. Ready to list and sell your home? Congrats! But before preparing your home to be photographed, there are 10 important steps to consider, said Redfin’s … Read More
6 Smart Home Devices for a Healthy and Happy Pet
As pet owners, we all face that familiar pang of guilt when leaving the house to go to work, school, or to run errands. Your pet is home alone, fending without you, waiting for your return. Until recently, there was no way to periodically check-in, or confirm your pet’s safety throughout the day. Instead, pet parents were left to wait, … Read More
Home Gym Ideas: 7 Fitness Experts Weigh In
Exercising on a regular basis is an essential part of staying fit and healthy, but sometimes finding the motivation to go to the gym can be tricky. Creating a space in your home that can be used as a home gym will make working out more convenient. Whether your workout involves yoga, lifting weights, pilates, cardio, body weight exercises, or … Read More