Entries by Phil Whitehead

Laps of Luxury: The Priciest Neighborhoods To Buy a Home—State by State

TRENDS Laps of Luxury: The Priciest Neighborhoods To Buy a Home—State by State  By Evan Wyloge Nov 14, 2023 There’s a quiet but undeniable thrill that comes from browsing photos and taking virtual tours of the most opulent properties in America. It’s a hobby less about browsing for a home and more about the fantasy—unless you’re […]

MILLENNIALS STILL UNDERPERFORMING AMID HOMEOWNERSHIP GAINS

By Jessica Lautz October 6, 2023 It was never the avocado toast and cappuccino. The joke of millennials not buying homes in favor of overpriced coffee is an entrenched myth. It is important to break down what is really going on, what the numbers are and what the measures mean. Looking at the U.S. population […]

Roof Design Tips To Ensure It Matches Your Home Exterior

Designing the perfect roof for your home is more than just about protection. It’s about creating a harmonious blend of style, color, and function that complements your overall home exterior. As a homeowner, ensuring your roof design matches your home’s aesthetic can significantly enhance curb appeal, potentially increasing property value and setting your home apart […]

Mortgage Rates Have Just Abruptly Reversed Course—Will It Last?

By Margaret Heidenry Nov 3, 2023 After rising for seven weeks straight, mortgage rates have finally hit a speed bump, falling to 7.76 % on average for a 30-year fixed-rate mortgage as of Nov. 2, according to Freddie Mac. This hiccup comes on the heels of the Federal Reserve’s announcement on Nov. 1 to not raise benchmark interest […]

Housing Costs Have Just Hit a ‘New Record’: Here’s What That Adds Up to in Dollars and Cents

By Margaret Heidenry Nov 2, 2023 With mortgage interest rates hitting record highs not seen in decades and quickly approaching 8%, many might wonder: How much more does it actually cost to buy a house today? According to a new report by Realtor.com®, the monthly cost of financing 80% of a typical home jumped by $166 in October compared with this […]

On the House: How To Find a House When There Are So Few for Sale?

By Clare Trapasso Oct 4, 2023 Q:How can I find a house when there aren’t any for sale where I want to live? The lack of homes for sale is staring down just about all buyers, whether they’re first-time or repeat purchasers. Prices are high, bidding wars are back, and mortgage rates are now solidly above […]

The Case for Staying Put: 7 Reasons Why You Shouldn’t Downsize Your Home

By Meera Pal Sep 14, 2023 In the not-too-distant past, common practice would find empty-nesters and retirees sensibly deciding that two people in a 2,500-square-foot house was maybe excessive. Soon enough, the house would be sold and traded for a condo someplace with no snow to shovel. But nowadays, many homeowners are bucking the retirement trend of moving […]

7 Things About Your House That Could Give Buyers ‘The Ick’

By Sally Jones Sep 19, 2023 When selling a home, you want to present it at its best. That first open house can be a lot like a first date. And the comparison with hoping for a love match doesn’t stop there. So many relationship analogies perfectly capture the home buying and selling experience, from finding The One to “marrying […]