Consumer Real Estate news
Borrower Beware: Soon It Will Be Tough to Unload College Loans

(TNS)?Here’s a good reason to think twice about taking out piles of student loans after watching a catchy TV ad for a for-profit college. The U.S. Department of Education is on a path to make it far tougher to get federal college loans forgiven using the argument that the school cheated you out of a […]

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Is a State With No Income Tax Better or Worse?

(TNS)?Is it better to live in a state with no income tax? It’s a great question to ask, especially when considering how much of our paycheck is already set aside for Uncle Sam. Seven U.S. states forgo individual income taxes as of 2018: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. Residents of New […]

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Some Not-So-Tiny Obstacles in the Growing Market for Tiny Houses

(TNS)?When Tom Alsani heard about plans for a tiny-home community in St. Petersburg, Fla., he got so excited he immediately wanted to know more. “Right now I have a house with three bedrooms, but the kids are gone and I’m trying to downsize,” says Alsani, a quality-control inspector for furniture companies. “To me, a tiny […]

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Minutes, or Money? Homeowners Save by Trading Off Travel to Work

In city cores, commuting from farther out takes time, but can save thousands, according to an analysis newly released by Zillow. In Boston, there is a 13.4 percent difference in home prices, typically, between the center of the city and locales 15 minutes out?the highest rate of savings, and totaling $57,260. In Seattle, the difference […]

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Forget a Garage?Buyers Won?t Budge on High-Rated Schools

Buyers have their eyes on schools, and with the irrefutable link between the quality of schools and values, a district with high ratings trumps all?even coveted features of a home, according to a new realtor.comŪ survey. To get into their desired district, 78 percent of the homebuyers surveyed had to let go of something on […]

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Don?t Know Your Mortgage Rate? You Could Be Costing Yourself Thousands

(TNS)?Not knowing your mortgage rate can be an expensive mistake, especially in this rising interest rate market. Yet nearly three in 10 mortgage holders (29 percent) either didn’t know their mortgage rate or wouldn’t say, according to a survey by Bankrate. This is a big problem, says Martin Choy, operations manager at Westwood Mortgage in […]

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Breaking Down the Hottest Patio Trends This Summer

Summer patio season is ramping up. The experts at Infratec say that outdoor design trends for 2018 are all about incorporating affordable luxury into your own backyard by turning your patio into a peaceful, lush oasis through low-maintenance water fixtures, a color refresh and vintage materials. The company sees many homeowners gravitating toward easy-maintenance exterior […]

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Is Amazon Embarking on Home Insurance?

July 16 is Prime Day, and this year’s deals feature double discounts on Alexa-enabled smart home devices, including Echo, Fire TV and Fire tablets, Amazon reports. As the marketplace giant gets more and more involved in the lives of homeowners, could consumers start to see offshoots into other home-related services? Amazon-run home insurance could be […]

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Buyers: Challenged by Student Debt? Consider Down Payment Programs

Student loan debt is one of the biggest factors impacting millennials’ ability to purchase a home. According to the National Association of REALTORSŪ (NAR), 80 percent of millennials do not own a home, and, of that, 83 percent say student loan debt is impacting their ability to buy. Millennials expect to be delayed from home-buying […]

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Millennial Buyers Face a Tough Housing Market

(TNS)?Yvonne Jimenez Smith and her husband, Brandon Smith, spoke in whispers recently as they visited a white stucco house they planned to buy on a leafy street in San Jose, Calif. After six months of aggressive hunting, they were on their way to a small suburban home of their own after spending most of their […]

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