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Zillow Market Pulse: October 28, 2020

October 28, 2020

Applications for home purchase loans improved slightly on the week, halting a streak of four straight weekly declines. Safety concerns related to the pandemic may be contributing to increased rates of people quitting their jobs. 732 more words

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Designed for Dread: Why Are Victorian Houses So Spooky?

diane39/iStock

When it comes to horror flicks, there’s nothing Hollywood loves more than a towering Victorian manse that’s a bit past its prime. After all, there’s a reason… 744 more words

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Kate Gosselin’s Famous Reality Show Ranch Is the Week’s Most Popular Home

realtor.com

Fertility phenom Kate Gosselin famously shared her family life with the world on “Kate Plus 8.” Now that her kids are growing up, she’s selling… 1,042 more words

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Record Low Mortgage Rates Boost Affordability, But Mask Down Payment Difficulties

  • Households that own their home typically spent 17.5% of household income on their monthly housing payments in September, down from 19.6% two years earlier. 
  • Record-low mortgage rates are driving these affordability gains, but saving for a down payment remains a challenge for first-time buyers especially.  
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Housing Affordability Methodology, 2020: A Bayesian Approach to Predicting Incomes

Past attempts at quantifying housing affordability suffered problems of both timeliness and specificity: Current housing costs were divided by literally years-old income data; and broad, median household income data was aggregated across two groups — homeowners and renters — with very different income profiles.  759 more words

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Why the Upscale Suburb of Westfield, NJ, May Be the Scariest Place to Live in the U.S.

Composite by Erin Culton for realtor.com

Westfield, NJ, a town of grand, restored Victorians and stately mansions perched on tree-lined streets, is the kind of place many folks aspire to one day call home. 2,119 more words

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How to Sell a House You Inherited in Rockland County – the reality behind probate

Selling an inherited home in NY is not as easy as people think! Read on to learn how to sell a house you inherited in Rockland County NY… First of all, there is always that emotional bit of preparing a loved one’s house ready for sale – which most likely includes depersonalizing his or her rooms and also clearing out all the belongings… Then there is the cost of marketing the house in order to…

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Real Estate Investor