The spring home-buying market was off to a strong start in March as buyers closed on the highest number of existing homes in a decade. And that’s despite the lack of residences on the market. Sales of existing homes (that is, ones that have previously been lived in) hit about 5.71 million last month, according to
Read MoreDo you see yourself with a yard and a white picket fence — or a fancy front door and a fireplace? If so, you’re not alone. One in four Americans (about 59 million) are considering buying a home this year, according to a new Bankrate.com report, and older millennials, Gen Xers, and minorities are leading
Read MoreThe math behind your credit score is getting an overhaul, with changes big enough that they might alter the behavior of both cautious spenders as well as riskier borrowers. Most notably for those with high scores: Abiding by the golden rule of “don’t close your credit card accounts” may now hurt your standing. On the
Read MoreBuying a home typically isn’t a stress-free, relaxing process. Buyers need to muster up a down payment, secure financing, and fill out mountains of paperwork—as well as have their offers accepted. And of course, they need to find the home of their dreams in the first place. But that last part may get a little
Read MoreIt’s not easy being a first-time homebuyer these days. Around the country, home prices have been rising, inventory is limited, and banks have tightened lending standards. But California is the toughest state of all for first-time homebuyers, according to a new report from Bankrate.com. Buyers in the Golden State face low affordability, tight inventory and
Read MoreAs everyone knows, a house is not an impulse purchase; you can’t just waltz in and declare “I’ll take it!” Long before you get to making that offer (on paper, through your real estate agent)—and even before going to your first open house—there are a ton of things to do and to prepare. Overwhelmed? Here’s a checklist
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