Becoming a homeowner requires a lot of cash, but a college degree can sometimes make it harder.
In 30 of the top 100 markets in the country, saving for a 20% down payment is faster without a college degree, according to a new study from Trulia.
Thursday, July 9, 2015
Sunday, July 5, 2015
Gay Marriage Ruling: 'Housing Game Changer'
he U.S. Supreme Court's decision late last week to make same-sex marriages legal throughout the country could lift home ownership among lesbian, gay bisexual and transgender couples.
"As with other momentous social landmarks, this progress will trigger key milestones along the path to home ownership," says Sherry Chris, CEO of Better Homes and Gardens Real Estate. The LGBT community is "a powerful market segment that represents an estimated buying power of $840 billion."
Wednesday, July 1, 2015
Manhattan Apartment Prices Reach Record Amid Bidding Wars
Manhattan apartment prices jumped to a record in the second quarter, pushed up by competition for a limited number of properties and strength in the luxury market.
The average sale price of all co-ops and condominiums was $1.87 million, up 11% from a year earlier and the highest in 26 years of data-keeping, according to a report Wednesday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. Resale apartments and units in new developments each set their own price records amid interest from both investors and buyers who intend to live in the homes.
Subscribe to:
Posts (Atom)