Owning is cheaper than renting in over half of US counties

With home prices rising 7 percent year-over-year, renting is often seen as a more affordable alternative to buying. But as ATTOM Data Solutions latest rental affordability report shows, that isn’t necessarily true for a good chunk of the population …

What’s hot and what’s not in 2018 kitchen trends

Houzz released the results of its 2018 Kitchen Trends study, which revealed that homeowners are obsessed with clutter-free countertops, ingenious storage options and easy recycling …

Gone are the days when $1M could buy a luxury home

In many coastal metros, million-dollar neighborhoods are no longer the exception, but the rule — and this change has caused a shift in what constitutes luxury homes …

Keller Williams NYC partners with UrbanDigs to offer real-time market data

Buyers and sellers can access Chart Room directly from the KWNYC website to view data on available inventory, days on market, and price per square foot …

Majority of Americans want their real estate agent to offer VR tours, study finds

According to Coldwell Banker’s 2018 Smart Home Marketplace Survey, VR is becoming an integral part of the homebuying process, and pre-installed smart home tech is on many buyers’ wish lists …

Chicago is all over Redfin’s list of ‘it’ neighborhoods

Redfin recently released its list of 25 neighborhoods that “have it all,” which revealed where buyers are getting the most bang for their buck, and Chicago neighborhoods dominated the list, taking 14 of the 25 spots …

Consumers losing confidence in housing, job security

In December, Fannie Mae’s Home Purchase Sentiment Index (HPSI) decreased 2.0 percentage points month-over-month to 85.5 — a reversal from November’s 2.6 percentage point gain which neared September’s all-time high index score of …

Realtors, homebuyers are confident in today’s real estate market

The National Association of Realtors (NAR) today released the results of the Realtors Confidence Index, which measures NAR members’ expectations for the housing market over the next six months on a scale of 1- …

New York legislator pushes to legalize short-term rentals

On January 3, Bonacic introduced Senate Bill S7182, which proposes a number of amendments to the 1929 Multiple Dwelling Lawn that currently bans homeowners from renting an entire home or apartment for less than 30 days …

Strong jobs report offers glimmer of hope for inventory relief

Although the inventory shortage has continued to rage on, the Employment Situation Summary for December 2017 from the U.S Bureau of Labor Statistics (BLS) shows there could be some relief on the way …