Why Boomerang Kids Bounce Back

Not only are the numbers of young people over 18 who live with their parents reaching unprecedented numbers, higher than previously assumed, they are not necessarily moving out when their financial situations More »

Seven Must-Dos for First-Time Homebuyers

(MCT)—Buying your first home can be nerve-wracking. As a first-time homebuyer, you will navigate a process that might include uncertainty, excitement, confusion and frustration. But preparation and knowledge can help you stay More »

U.S Regulators Ready for Relaxed Mortgage Rules

Later this week, after several years of back-and-forth debate. U.S. regulators are finally set to finalize a more relaxed set of mortgage standards. This new set of rules will be a win More »

Why Boomerang Kids Bounce Back

Not only are the numbers of young people over 18 who live with their parents reaching unprecedented numbers, higher than previously assumed, they are not necessarily moving out when their financial situations improve, a according to a new study by Federal Reserve economists that may have important ramifications for housing marks. The fraction of young […]
RISMedia » Consumer News and Advice

Seven Must-Dos for First-Time Homebuyers

(MCT)—Buying your first home can be nerve-wracking. As a first-time homebuyer, you will navigate a process that might include uncertainty, excitement, confusion and frustration. But preparation and knowledge can help you stay on the right track. Here are seven steps that can improve your chances of having a good homebuying experience. Know Your Credit If […]
RISMedia » Consumer News and Advice

U.S Regulators Ready for Relaxed Mortgage Rules

Later this week, after several years of back-and-forth debate. U.S. regulators are finally set to finalize a more relaxed set of mortgage standards. This new set of rules will be a win for the real estate industry, with the projected agreement much more moderate than the mortgage security standards proposed back in 2011. The federal […]
RISMedia » Consumer News and Advice

Your Place: Multiple-glazed Windows Help Fight Condensation

(MCT)—I know I’ll be getting this question at least once as cooler weather sets in, so here’s an explanation of window condensation, courtesy of Tom Herron of the National Fenestration Rating Council. Condensation appears as a light coating of water, frost or ice. Unless the condensation is between the window panes, humidity inside the home […]
RISMedia » Consumer News and Advice

20 Best Cities for Trick or Treating

Gather around you spooky ghosts and cackling witches: The best locations for scoring Halloween loot in 2014 are secret no more! Every year, the candy-loving data heads at Zillow team up to find the top 20 cities around the country for trick-or-treaters in search of the most candy on the safest streets. Stealing the coveted […]
RISMedia » Consumer News and Advice

Hot Property, Athletes Edition: Preseason Adjustment for Kobe Bryant

(MCT)—As the Los Angeles Lakers continue to fine-tune the team this preseason, star player Kobe Bryant has made a tweak of his own, adjusting the price on his Newport Coast home to slightly under $ 7.6 million. The gated residence, built in Mediterranean style in 1997, sits among tall palms in a guard-gated community with unobstructed […]
RISMedia » Consumer News and Advice

30-Year Fixed Mortgage Rates Plunge to Lowest Rate in 16 Months

The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.81 percent, down fifteen basis points from this time last week. The 30-year fixed mortgage rate dropped Wednesday, then hovered around 3.88 percent for most of the week before falling to the current rate. “Rates dropped to the lowest level since June 2013 on news […]
RISMedia » Consumer News and Advice

More American Households Doubling Up as Rents Rise

An increasing number of American adults are moving in together to share expenses as rental rates continue to outpace income, according to a new Zillow analysis. As of 2012, more than a third (32 percent) of adults live in doubled-up households, or homes where two or more working-aged adults live together but aren’t married or […]
RISMedia » Consumer News and Advice

Keep Your Edge at Work with ‘Rookie Smarts’

(MCT)—Great news for people who have no idea what they’re doing at work: Your cluelessness may be giving you a competitive advantage. That sounds silly, but consider the benefits of confusion. It prompts you to work harder to make sense of things. It forces you to ask others for help and input. And it encourages […]
RISMedia » Consumer News and Advice

Starter Homes: How and Where to Find Them

(MCT)—First-time homebuyers might well wonder: Where are all the starter houses? Indeed, such properties can seem scarce in many housing markets. A few reasons: —Investors have snapped up a lot of smaller houses and turned them into rental properties. —Flippers have bought smaller homes and remodeled them so they’re no longer within the reach of […]
RISMedia » Consumer News and Advice