real estate market - Articles

5-Acre Estates for Sale Across the Price Range

Zillow By Catherine Sherman How much money would it cost to buy a house on 5 acres? As with most answers in real estate, it depends. Whether you get three bedrooms or four, two bathrooms or 2.5, it's usually not about the square footage of the house, but where it's located. To get a feel for regional price differences,... Continue Reading »

Why You'll Likely Pay More for Housing in 2014

Shutterstock By Vera Gibbons While we're just a few weeks into the New Year, you've likely seen headlines showcasing what will cost more this year. You'll have to dig even deeper into your pocket to pay for everything from food to stamps to college education, travel, healthcare and more. In fact, even your biggest... Continue Reading »

5 Rules for Homebuying in 2014, and Beyond

Shutterstock By Brendon DeSimone The current real estate recovery is like a marathon. Last year, buyers and sellers sprinted out of the gates at full speed, fueled by low interest rates and affordable home prices. The press and social media were full of stories about limited housing inventories, bidding wars and multiple... Continue Reading »

2013's Most Outrageous Stories in Real Estate

Chicago Police Dept. While 2013 was a year that saw a sudden scarcity of available single-family homes, affordable rentals and even foreclosures in many areas, the real estate sector saw no shortage of bizarre and outrageous tales. With more Americans pushed into renting, and more homeowners becoming "accidental... Continue Reading »

Miami Real Estate Market Builds on City's Cultural Renaissance

Omar Vega/The Associated Press By Zachary Fagenson A gleaming addition to Miami's waterfront will greet the art world elite as they jet into town this week for the 12th edition of Art Basel Miami Beach: a $131 million art museum the city hopes will anchor its burgeoning cultural scene. "Our cultural infrastructure has... Continue Reading »

Fewer Homes Being Repossessed, Thanks to Investors

AP By Alex Veiga LOS ANGELES -- Fewer U.S. homes are completing the foreclosure process and ending up repossessed by banks because investors are increasingly buying up properties when they go on sale at public auction. The trend reflects a growing appetite among investors for buying homes before they exit the... Continue Reading »

My Next Move: Since My Divorce

After 17 years of marriage, Mandy Walker was getting a divorce and debated whether or not she wanted to keep the house she had raised her family in. Financially, it was too expensive, and, realistically, it was too big for her to manage. So she put it up for sale, but had no luck in the real estate market. But she... Continue Reading »

All-Cash Offers: Healthy for Real Estate Market, or a Hindrance?

By Kate Rogers With many pointing to the housing market as the backbone of the economic recovery, investors are flooding the market with all-cash offers and it's squeezing out many traditional homebuyers. "People are worried about the returns on alternative investments," says Karen Dynan, vice president and co-director... Continue Reading »

New Home Sales Up 2.3% in April as Median Price Hits Record High

WASHINGTON -- Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering. New-home sales rose to a seasonally adjusted annual rate of 454,000 in April, the Commerce Department said Thursday. That... Continue Reading »

It's April Fools Day, But Don't Fall for These 3 Real Estate Myths

By Brendon Desimone As the real estate market significantly rebounds, some buyers and sellers are dipping their toes in the waters for the first time. Inevitably, they come into the market with assumptions about how it works. Their assumptions may come from TV reality shows or watching their parents' house-hunting... Continue Reading »

Signed Contracts to Buy U.S. Homes Dips Slightly

By MARTIN CRUTSINGER WASHINGTON (AP) - A measure of Americans who signed contracts to buy homes fell only slightly in February to the second-highest level in nearly three years. The report suggests sales of previously occupied homes will keep rising in the coming months. The National Association of Realtors says its... Continue Reading »

New Home Sales Took a Tumble in February

Sales of new U.S. single-family homes fell more than expected in February after hefty gains the previous month, but steady gains in home prices suggested the housing market recovery remains intact. The Commerce Department said on Tuesday sales dropped 4.6 percent to a seasonally adjusted annual rate of 411,000 units.... Continue Reading »

4 Current Myths About the Real Estate Market

There's a lot of chatter about the real estate market. A lot of people are saying the housing recovery is moving full steam ahead. Then there are others who warn we're getting into another housing bubble, which could end disastrously once again. Still others say -- no, wait! -- a housing slowdown is imminent. A lot remains... Continue Reading »

30% of U.S. Homeowners Are Mortgage-Free, Zillow Says

Media coverage of the real estate market has focused so much on the mortgage woes of homeowners over the past five years, you might be excused for believing that only a small minority of homeowners actually, well, own their homes -- mortgage-free. But you'd be mistaken, a report released by listing service Zillow... Continue Reading »

Home Prices Increase in Most Major U.S. Cities

By Christopher S. Rugaber WASHINGTON -- Home prices increased in September in most major U.S. cities, more evidence of a housing recovery that is providing a lift to the fragile economy. Standard & Poor's/Case-Shiller reported Tuesday that its 20-city index of home prices rose 3 percent in September compared with the... Continue Reading »

Lender Restrictions Could Cost Housing Recovery, Study Says

The housing market is finally beginning to recover, as conditions have recently combined to boost affordability to an all-time high. But at the same time, a new study shows that lenders' unwillingness to broaden qualifications may be slowing the recovery. The latest data from the annual Harvard Joint Center for Housing... Continue Reading »

Home Prices Rise in Most Major U.S. Cities

By Christopher S. Rugaber Home prices rose in March from February in most major U.S. cities for the first time in seven months. The increase is the latest evidence of a slow recovery taking shape in the troubled housing market. The Standard & Poor's/Case-Shiller home price index shows that prices increased in 12 of... Continue Reading »

It's Safe to Sell Your Home Again

By Lisa Gibbs Given everything they knew about the lackluster housing market, Meghann and Cort Battles didn't expect much when they listed their four-bedroom home in Centennial, a Denver suburb, for sale in January. So they were taken aback by the onslaught of interest. Meghann, at home on maternity leave with... Continue Reading »

2011 in Real Estate: The Top 11 News Stories

It seemed like a race to the bottom this year: Along with continued declines in property values, every season seemed to see another record low in interest rates -- though fewer-than-expected buyers were inclined to take advantage. Also on the way down or stuck in the cellar: the number of Americans who expected to... Continue Reading »

5 Ways to Nab Autumn Buyers Before They Hibernate

Even in a good real estate market -- which this is not -- autumn is when buyers start to nod off before the deep sleep of winter. How does a seller combat the market doldrums this time of year? Here are five tips for getting your house sold before real estate hibernation season sets in. 1. Determine if you really need to... Continue Reading »

Viewpoint: Hey Mr. President, How About Housing?

President Obama devoted exactly 57 words to the housing crisis in his 34-minute speech about jobs. Yes, we understand that the speech was intended to be about jobs -- pass this bill -- and that the lack of jobs -- pass this bill -- has pushed Americans to the brink. Still, watching the president's speech were millions... Continue Reading »

All Cash Deals: Why Rich Homebuyers Don't Borrow

California has hit a record for buyers striking all cash deals for houses, particularly on the ultra-high end. Apparently, some 31 percent of all buyers in California paid cash -- and the higher up you go in the price category, the greater that percentage. For example, 62.2 percent of people buying homes worth at least $5... Continue Reading »

Buying a House: Is Now the Right Time?

Buying a house is never an easy decision, but the ongoing housing crisis has only made the matter more complicated. Still, there a number of good reasons for making the jump right now. Dave Kansas of SmartMoney.com highlights the top four. The housing market still looks pretty bleak: There were a record one million... Continue Reading »

Housing Market 2011 Forecast: The Real Estate Broker

What will the New Year hold for the U.S. housing market? It depends on who you ask. That's why AOL Real Estate has assembled an all-star panel of real estate mavens and moguls to discuss the questions that matter most to consumers. Should you buy, rent, sell or renovate in 2011? Will home values improve? And which way will... Continue Reading »

New Homes: Comeback for McMansions?

Just when you thought you'd never see an ugly McMansion again -- thanks to the recession and subsequent downsizing by frugal new-home buyers -- some brave souls are predicting that these oversize homes might soon make a comeback. A recent story in the Orlando Sentinel suggests that McMansions are reappearing in parts of... Continue Reading »

Luxury Homebuilder in Charlotte Succumbs to Housing Slump

Chalk it up to the protracted housing slump: The leading home builder in the southeast won't be erecting any more houses. Charlotte, N.C.-based Simonini Builders has announced it will be closing operations by the end of the year. One of the best-known luxury home builders in the nation, Simonini was awarded Builder... Continue Reading »

Millions of Homeowners Seek Reason to Sell

Millions of gun-shy homeowners could soon jump back into the saddle if the market improves for sellers, according to a recent survey. An estimated 5 percent of U.S. homeowners would put their home on the market within the next six months if they witnessed signs of a turn around. This accounts for an approximate 3.8 million... Continue Reading »

Home Prices Alert: Values Rose 1.3% from Previous Month in May

Spring certainly sprang this year when it came to residential real estate values. For the second month in a row, home prices increased from April to May. The S&P/Case-Shiller 20-City index showed on Tuesday that 19 out of the 20 cities it tracks registered price gains for May, including Minneapolis (2.8 percent) and... Continue Reading »

#fivemin-widget-blogsmith-0 {width:600px;height:400px;background:black url(http://pthumbnails.5min.com/3418683/170934110_3_600_400.jpg) no-repeat center center;float:left;display:block;} The need for more space was what got Kim and Jason Fitzsimmons thinking about buying their first home. They'd been married for a year... Continue Reading »

Justin Bieber Tickets: Ooh Baby, Will This Sell Homes in Vegas?

Most Justin Bieber fans own bicycles, maybe a Barbie mansion. But their parents likely own a home, or are building one. With that in mind, the nation's largest builder is attempting to lure buyers and generate traffic to its new homes in the Las Vegas area with a promotion based around teen idol Justin Bieber and some... Continue Reading »

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