SARINYAPINNGAM/iStockThis phrase describes home buyers who’ve purchased property they can’t easily afford—and are now paying the price, as it were.
“If you can’t spend your income the way you want to because so much of it is going to housing expenses, you’re house poor,” says Debra Neiman, a financial planner at Neiman & Associates Financial Servic...
GETTY IMAGESThe numbers: A dip in mortgage rates prompted mortgage demand to rise a seasonally adjusted 27.9%
As mortgage rates dropped across the board, demand for both purchases and refinancing increased. That pushed the market composite index up, a measure of mortgage application volume, the Mortgage Bankers Association (MBA) said on Wednesday.
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Getty Images / Realtor.comPretty coastal homes are often snapped up quickly, especially in this work-from-anywhere era.
One excellent example: this truly lovely Cape Cod spot, owned by Major League Baseball executive, Dan Duquette. The home was listed at $1,295,000.
After just five days on the market, the three-bedroom, 3.5-bath home seems to have ...
Getty ImagesAchieving an organized home tops the list of common New Year’s resolutions among homeowners and renters alike—but it’s also one of the hardest goals to accomplish and maintain in the long run.
There are a number of stumbling blocks you can hit that make finishing—or even starting—the organizing process much harder. To help set you up fo...
Milkos/iStockThis might seem like a perfectly innocent question from home buyers, but watch out—if you’re the home seller they’re asking, this is one of the diciest questions you can answer. The reason: Pretty much any explanation you give is bound to contain revealing info that these home buyers could use against you, thereby compromising your neg...