Homes along the Atlantic and Gulf coasts are most in danger of damage from storms and hurricanes, but the risk spreads beyond typically affected states such as Florida and Louisiana, according to real estate data company CoreLogic.Nearly 6.9 million homes are at risk from hurricane storm surge damage, which carries a potential reconstruction value of more than $1.5 trillion, CoreLogic says in its 2017 Storm Surge Risk Report. A weaker-category hu
Despite growing consumer interest in tiny homes, most homeowners still opt for bigger properties. Over the past few decades, home owners have been adding bedrooms, bathrooms, and extra square footage to their homes, according to the U.S. Census Bureau’s 2016 Characteristics of New Housing report.In 1980, 64 percent of new single-family homes had three bedrooms, and the median sales price was $64,600. In 2016, 50 percent had four or more bedroo
Get your passive revenue stream flowing with dedication, time management and great organizational skillsKey Takeaways It'll take some work in the beginning, but investing in real estate while you have a full-time job will pay off once the revenue starts flowing in. Hiring out will cost money, but it will expedite your business and leave you with more free time.If you are considering investing in real estate while maintaining a full time job, donâ
A former movie set and ranch has turned into a cherished dream home.Before being uprooted from its Big Bear location and moved to Santa Monica, this contemporary lodge-inspired home served many purposes.Originally built as the set of the 1920s film “The Courtship of Miles Standish,” the home was later converted into a cabin on a retreat known as Uplifters Ranch. Men would often travel to this rustic canyon to ride horses and drink whiskey an
Virginia is the top-ranked state for seniors, according to a new study produced by SeniorAdvice.com. The firm developed a SeniorScore to identify and measure the livability for seniors across the U.S.The rankings are calculated by factoring in more than 100 variables, including access to health care, the number of senior residents, recreation and leisure, finances, and more.The following 10 states had the highest SeniorScores and are known as th
National Homeownership Month kicks off this month, and President Donald Trump is pledging to strengthen the middle class by reducing rules and regulations and cutting taxes that he believes will help them become homeowners.This year’s theme for National Homeownership Month is “Find Your Place in a New Era of Homeownership.”"For generations of Americans, owning a home has been an essential element in achieving the American dream," Trump wrot
Buyers will glean plenty of information from the seller’s disclosure agreement, the home inspector, and maybe even their new neighbors. But that doesn’t mean there aren’t a few questions they should ask the seller at the walkthrough or before closing.Realtor.com® suggests buyers ask some of the following questions of sellers:Have you had any past problems with the home that you’ve repaired?Sellers typically must disclose existing problem
Minnesota is the latest state to adopt a First-Time Home Buyers Savings Account, joining a growing list of states.These accounts allow individuals and families to save for their first home by putting a percentage of their income, or a capped amount of funds, into an account that is free from state income taxes.The Minnesota Governor signed legislation to create a First-Time Home Buyers Savings Account in the state into law this week. Minnesota no
Amid scarce supplies and high buyer demand, homes are selling fast across the country. Home prices are rising as well: The nationwide median home list price rose above $250,000 for the first time, realtor.com® reports. The median list price is 10 percent higher than a year ago.“With a record number of home buyers out there, this is officially the most competitive, fastest-moving spring housing market in decades,” says Javier Vivas, manager o
For the second consecutive month, pending home sales scaled back as significantly weak supply levels of homes for sale continue to press on affordability conditions, the National Association of REALTORS® reported Wednesday.NAR’s Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 1.3 percent in April to a 109.9 reading. The index is now 3.3 percent below a year ago. All four major regions saw a decrease in co
This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.
