Get ready for a flood of retirees. With 74 million members, baby boomers are the largest generation on record to retire. And if they follow previous generations, retirement will prompt them to want to move. Many will head to warmer climates, but they’re also—unlike previous generations—in search of more active lifestyles too, looking for social and recreational opportunities, nearby restaurants, and shopping.“It’s going to be a tsunami
Real estate signs say more about you and your residential or commercial business than they do about the properties you’re advertising. That’s why Katie Lundin, a customer support specialist with crowdspring, a marketplace for crowdsourced logo, web, graphic, and product design, has four best practices for creating custom real estate signs that raise awareness about your brand and start a conversation with your potential clients.1. Real estat
The jump in home prices has prompted the cost of homeownership to outpace that of renting in more places across the country. The monthly costs of owning a home have increased by 14 percent over the past year—more than three times the 4 percent increase in monthly rental costs, according to a new analysis by realtor.com®.Only 41 percent of the U.S. population now lives in a county where a median-income household can afford to buy a home at the
A federal judge ruled on Thursday that federal aid to house more than 1,000 Puerto Rican families who fled to the mainland U.S. after Hurricane Maria must end in two weeks. The families have been living in U.S.-funded housing in hotels and motels across the country since leaving Puerto Rico following the storm September 20, 2017. Hurricane Maria caused massive destruction to the island, killing nearly 3,000 people, destroying homes and businesses
Police continue to investigate the disappearance of a 28-year-old real estate professional in Killeen, Texas, who has been missing since Sunday. Christopher Alley Lee is a sales associate with Gold Medal Realty and was last heard from with a text at around 5:13 a.m. Sunday, according to reports. He was last seen by his roommate when he left in a silver SUV on Sunday.Christopher Alley LeeHis keys, glasses, wallet, and cellphone were found later in
Home sales may be slowing overall, but not among first-time home buyers, according to a new report. Genworth Mortgage Insurance culled all publicly available government and proprietary mortgage industry data to see how this segment of buyers is faring in the housing market. In the first half of the year, first-time buyers purchased 985,000 single-family homes, the most during the first six months of a year since 2005, according to Genworth’s F
She waded through toxic floodwaters to rescue people from their collapsed homes after Hurricane Maria devastated the island of Puerto Rico last September. He built nine dams for poor villagers in India, giving them access to clean water and stemming the uptick of dysentery deaths among infants. They have helped hundreds of developmentally disabled adults find housing, employment, and the dignity of living independently.These and other acts of her
Realtor.com® is expanding its lead generation offerings for real estate professionals by bringing a new tech platform under its umbrella. News Corp, which owns Move Inc. and realtor.com®, announced it will be acquiring Opcity, a tech program that matches qualified home buyers and sellers with real estate professionals in real time.Opcity culls proprietary data sets to capture online leads and instantly connects clients who are ready to act with
The risk of wildfires isn’t deterring some home buyers from purchasing in an area, even if the area has been struck by blazes in recent years. Real estate prices in wildfire-prone areas are in line with homes in low-risk areas, even immediately after fires, according to a new study.Americans may watch media coverage of out-of-control blazes, mass evacuations, and even deaths from recent wildfires out west, but that isn’t deterring them from m
Rising sea levels are putting more homes at risk of flooding and leaving a long, expensive trail of destruction. In eight states alone, flooding has caused nearly $14.1 billion in lost value to homeowners, according to a new study by the First Street Foundation, a nonprofit group that advocates for solutions to rising sea levels.In an earlier study, researchers had found that $7.4 billion in potential home value appreciation had been swept away i
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