Sunday, 19 May 2024

Reporter: Rapti Gupta

'This Is Your Typical Millennial Neighborhood, Redfin

Millennials - people aged between 18 and 34 years - are perhaps the most talked about generation right now. They are supposedly shaping everything, right from the economy to the housing market. These guys are everywhere. Considering the buzz surrounding the Generation Y, Redfin released two back-to-back reports on the demographic.

'US Singleton Upsurge Could Boost Demand for Rental Units - Report

As more than half of the American population is now single, what implications could it have on real estate? According to a new report, the considerable shift in demographic could mean increased demand in rental units across the country.

'US Mortgage Rates Inch Up Slightly, While Applications Hit New Lows

Mortgage rates in the United States inched up slightly in the week ended Sept. 10, 2014, according to Freddie Mac's weekly primary mortgage market survey. But, mortgage applications declined to their lowest since December 2000.

EDITOR'S PICKS

'US Foreclosure Activity Up 7 Percent in August, RealtyTrac

Foreclosure activity in the United States ticked up seven percent in August, according to property intelligence firm's RealtyTrac's latest market report.

By Rapti Gupta
'Real Housewife Teresa Giudice Looks to Sell New Jersey Home Before Prison Time

Teresa Giudice, one of the cast members of "Real Housewives of New Jersey", has reportedly listed her home in Towaco, N.J., for $3.99 million. News of the listing comes just days after she pled guilty to fraud with her husband Joe Giudice.

By Rapti Gupta
'Architect Richard Landry Sells Malibu Barn-House for $8.3 Million

Famed architect Richard Landry has unloaded his home in Malibu, Fla., for $8.3 million.

By Rapti Gupta
'Raiders’ Matt Schaub Discounts Houston Home’s Price to $4.09 Million

Matt Schaub, the quarterback for NFL team "Oakland Raiders", has reportedly given his home in Houston, Texas, a price chop listing it at $4.09 million.

By Rapti Gupta
'Crowdfunding – The Latest Trend in Real Estate

Crowdfunding - "the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet" - has become quite popular of late. The industry has come a long way since its start in 2003 and according to Forbes, grew $5.1 billion in 2013. Anything and everything you can imagine is being crowdfunded now - including air fares! Therefore, it wasn't long that the investing trend would creep into real estate.

By Rapti Gupta
'Generation Z Wants to Own Homes More Than Anything, Study

The current state of the housing market may not paint a very bright picture on homeownership, but that isn't stopping the future generation from dreaming about having their own house a few years down the line.

By Rapti Gupta
'Vincent Kartheiser Reduces Price of Los Angeles Bachelor Pad to $749,000

Vincent Kartheiser, who played "Pete Campbell" in the AMC hit series "Mad Men", has reportedly given his home in Lexington Ave, Los Angeles, a pricechopper to list it at $749,000.

By Rapti Gupta
'Vicki Gunvalson Discounts Coto De Caza Home Price to $2.7 Million

Vicki Gunvalson, one of the famous housewives of the Bravo reality show "Real Housewives of Orange County", has reportedly dropped the price of the Coto De Caza, Calif., home listing it for $2.7 million.

By Rapti Gupta
'January Jones Sells Los Feliz Home for $1.37 Million

January Jones, the "Mad Men" actress, has reportedly sold her home in Los Feliz, Los Angeles for $1.37 million.

By Rapti Gupta
'Apple Stores Good For Your Neighborhood

An apple a day may or may not keep the doctor away; but an Apple Inc. store in your neighborhood is definitely good for your community.

By Rapti Gupta
'Why Americans Still Prefer to Rent Than Buy

Despite the fact that home price gains have relatively slowed and mortgage rates are at record lows, a large number of Americans continue to rent homes rather than buy one, even if renting is more expensive than paying off a mortgage. The Federal Reserve Bank of New York explains why the trend of renting is so hot right now.

By Rapti Gupta
'Affordable Home Inventory Declining Across US, Redfin Study

A new study conducted by Redfin, the Seattle-based real estate agency, found that the number of affordable home listings across the United States has decreased considerably in 2014. The report is in line with the rising home prices.

By Rapti Gupta