However, the fact remains that an appraisal is essential to the home-buying process, and may ultimately play a large role in determining the specifics of your mortgage. Even after purchasing a home, appraisals can be important tools if you are considering refinancing your home.
Dreaming of a white Christmas? Keep dreaming. For most Americans, chances aren't great for Christmastime snow.
Summer may be real estate's busy season, but winter offers great opportunities for buying a house, especially for renters looking to become homeowners, growing families trading up to larger houses and baby boomers seeking homes to fit their evolving lifestyles.
Creating housing policy that doesn't traumatize small children should be a low bar to meet, but somehow it has been a struggle.
Even if your credit score isn't up to snuff or the costs seem to high right now, you can get your finances into better shape before you try to buy your first home.
Low-income Americans in search of rental housing they can afford got an early Christmas present Dec. 11 when it was announced that the National Housin...
In every apartment complex where college students are being housed, landlords will encounter several types of students, both good and bad. So for your entertainment, here are the 10 residents every landlord encounters in a campus town apartment complex.
We must ensure that this city remains affordable for the individuals who make our neighborhoods culturally vibrant and economically diverse.
The housing market has been on a roll recently, with some markets even recovering to their peak 2006 levels. That sounds good, until you remember what 2006 was like.
It's been seven years since the housing bubble burst and foreclosures skyrocketed, but in 2015 we'll see the end of that era. Already this year has seen a major improvement in the composition of sales--that is, there are fewer foreclosures and short sales in the mix.
Prices might be rising more slowly in millennials' favorite metros. But affordability is nonetheless a big challenge in those markets.
Real estate practitioners love times like these for marketing, as they can show that in most markets it's cheaper to buy than to rent. With interest rates still low and owned homes having to compete with foreclosures in the market, prices of homes not in foreclosure haven't been rising much.
Every day struggling New Yorkers who are behind on their mortgages -- facing foreclosure, and desperate to keep their heads above water -- are bombarded with TV and radio ads promising lower interest rates or a reduction in their mortgage principal if they "call now!"
Consumers think 2015 will be a better year than 2014, especially for selling a home. But the recovery will slow as the rebound effect fades before fundamentals become strong. Key markets to watch are in the Northeast, South, and West.
For too long we've ignored America's housing insecurity crisis, in part because it happens behind closed doors, hidden from the public eye. We can no longer afford to do so.