The assumption that baby boomers want to settle in a suburban McMansion may not live up to their reality. The older generation loves city life, too, and researchers are finding more urban dwellers in that age group, according to a new analysis from RENTCafe of U.S. Census Bureau data from the 250 largest U.S. cities.In fact, New York City claimed 14 places on RENTCafe’s list of the top 20 ZIP codes with the largest baby boom
Newlyweds in Cleveland, Detroit, and Pittsburgh can have it all—a fancy wedding and a new home. Those Midwestern metros were found to be the most affordable cities in which to throw a wedding and cover a down payment on a home, according to an analysis by Redfin.In all three metro areas, the average combined cost of a wedding and a down payment is less than $65,000, compared with the national average of more than $109,000, according to the stud
While some home features have the kind of buzz that makes home shoppers think they must be part of their next home, living with them may actually cause ongoing regret, according to a new article at realtor.com®.One of those highly desired items: an open floor plan. An open layout may actually end up a nuisance as noise and privacy become issues, but that doesn’t stop it from holding a top spot on many buyers’ wish lists.“Sounds are multipl
PPG, a paint firm and color forecaster, released its early picks of inspiring hues for 2020. If the predictions are right, you’ll be seeing much more blue in home decor next year. PPG announced on Monday that Chinese porcelain is its 2020 color of the year.The shade is a blend of cobalt mixed with some muted navy tones intended to instill calmness and restful sleep, the paint firm says. Blues have been steadily gaining popularity over
When is the right time to purchase your first home? The answer differs across age groups.One in five parents say they expect their child to own a home by age 25, yet this doesn’t match up to reality. Younger adults tend to feel the most pressure to own a home, but they’re still waiting on their own time terms, according to a new survey from Porch.com, a home remodeling website. Porch.com surveyed nearly 1,000 individuals betwee
Bank of America has made several recent moves to reduce the borrowing costs of would-be home buyers who have faced affordability constraints. The bank's latest offer: mortgages with no origination fees for buyers with little savings for a down payment. The promotion is available through Oct. 31.The offer applies only to loans backed by the Federal Housing Administration, Department of Veteran Affairs, Freddie Mac’s Home Possible program, and Ba
Even as paperless transactions simplify the homebuying process, not everyone wants to go completely digital. So for buyers who want to opt out of an online closing or are not eligible for one, Notarize, an electronic notarization provider, has debuted a “hybrid closing” option. With this process, buyers can review and sign the majority of closing documents digitally, but the paperwork will still be physically furnished on settlement
Airbnb guests are showing concern about being under surveillance, with 11% saying they’ve discovered a hidden camera in a property they rented and 58% saying they’re worried about being spied on, according to a survey from IPX1031, a service provider of exchange transactions nationwide.About a quarter of respondents say they don’t have a problem with cameras inside common areas such as living rooms or kitchens, according to the survey.The u
Moving to a new home can impact sleep quality, but how long can you expect sleep schedules to be disrupted? Returning to normalcy can take longer than you might think.Healthy Sleep, a firm that researches sleep quality, surveyed more than 1,000 Americans who moved in the past year to learn how the move affected their sleep and how they eventually got a better night’s sleep after their move.Sixty-four percent of respondents said their sleep qual
The lesbian, gay, and bisexual community is a growing segment of buyers and sellers who show distinct patterns and behaviors that real estate professionals should be keyed into, according to a new report released by the National Association of REALTORS®, “The 2019 Profile of LGB Buyers and Sellers.” For example, gay, lesbian, and bisexual buyers are less likely than their heterosexual counterparts to purchase a detached single-fami
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