Today: 17. Dec, 2024
Home equity has surged to near-record levels, presenting homeowners with significant financial potential. However, tapping into this wealth is becoming increasingly challenging due to rising interest rates. Financial advisors provide insight into how homeowners can navigate these high costs to leverage their…
Homeownership in the U.S. has long been a cherished dream for many, but the escalating hidden costs associated with maintaining a home are starting to give potential buyers pause. A recent study by Bankrate.com highlights a significant rise in the “hidden costs”…
As the allure of real estate continues to captivate Americans’ hearts and wallets, a significant portion sees it as the ultimate long-term investment. A recent Gallup survey shows that 36% of Americans rank real estate above stocks, mutual funds, and gold as…
The stock of Jeld-Wen, a leading provider of exterior doors, windows, and building materials, took a significant hit in May, dropping by 24.3%. This decline came on the heels of disappointing first-quarter earnings and subsequent adjustments to the company’s full-year outlook. The…
As traditional real estate powerhouses like Singapore and Hong Kong face challenges, Asia’s lesser-known cities are stepping into the spotlight, offering better rental yields and showing robust growth in their rental markets. According to a recent study by JLL, cities such as…
In the bustling world of luxury real estate, integrating art into property listings isn’t just a mere addition—it’s becoming a crucial selling point. Paul Lester, a pioneering real estate agent in Los Angeles, has revolutionized how high-end homes are marketed by including…
Pending home sales significantly dropped in April, reaching their lowest level since the onset of the pandemic. According to the National Association of Realtors (NAR), signed sales contracts on existing homes fell by 7.7% compared to March, marking the slowest pace since…
“Home Alone” fans, rejoice! The iconic home in the Chicago suburbs where Kevin McCallister was once left behind from a family trip to Paris has gone on sale this week, according to a Zillow listing for 671 Lincoln Ave. in Winnetka. This…
Homeowners still invest in renovations, even as the pandemic-era renovation frenzy cools. According to the 2024 Cost vs. Value report from Zonda Media, some home improvement projects now offer the highest return on investment (ROI) in history, with a few upgrades averaging…
In the current real estate market, climbing home values are leading to increased capital gains taxes for many American homeowners upon selling their properties. Understanding the calculation of home sale profits and the strategic use of tax exclusions and deductions can substantially…
