Real Estate

HomeLight launched in 2012 as a real estate matchmaker, using proprietary algorithms to connect buyers and sellers with the best possible agents to meet their needs.

Apple said Monday it will contribute $2.5 billion to try and alleviate California’s housing crisis, raising the bar for tech companies to commit to the communities in which they reside.

The national average cost of a mid-range major kitchen renovation is $66,196, according to an analysis by Remodeling Magazine. Homeowners recoup an average of 62% of the cost at sale.

Mortgage rates moved to their highest level in nearly three months last week, giving homeowners little incentive to refinance their home loans.

We’re seeing the demand for new homes increasing but why are prices falling? Diana Olick explains.

The median price of a newly built home dropped sharply in September to $299,4400. That was 8.8% lower compared with September 2018, according to the U.S. Census and was the lowest read since February 2016.

Homebuyer demand is back but why are sales of existing homes not higher? Diana Olick explains.

September sales of existing homes fell short of expectations, following two months of gains. The problem is low supply combined with high prices; prices jumped nearly 6% annually, according to the National Association of Realtors, the biggest gain since January 2018.

Second homes are cropping up in backyards across America and some homeowners are reaping the financial rewards. Diana Olick reports.

Second homes, formally called auxiliary dwelling units (ADU’s), are cropping up in back and side yards across America, acting as either rental units or additional space for aging parents and still-nested adult children.

There’s slim pickings for affordable homes and some say the problem could get worse. Diana Olick explains.

U.S. homebuilders are loving today’s lower mortgage rates, which are bringing buyers back and boosting sales.

National housing inventory fell 2.5% annually in September, a sharper decline than August’s 1.8% decrease, according to realtor.com

Lured by better weather, lower taxes or an improved quality of life, many older Americans consider relocating in retirement.

An unexpected decline in mortgage interest rates had homeowners calling their lenders last week, looking to save money on their monthly payments.