Indoor air pollution is present even in housing that has been built according to green standards, according to a new study by the Silent Spring Institute, which appears in the journal Environment International.Researchers collected nearly 100 air and dust samples from newly renovated subsidized housing in Boston before and after residents moved in. The building had been renovated to eco-friendly standards, particularly for energy efficiency. Re
Real estate professionals in South Florida say housing was largely spared the wrath of Hurricane Irma last week, and they expect only minor delays in closings. Homes that were under contract when Irma hit will need to be reinspected, says Jim Flood, regional manager for Supreme Lending in Fort Lauderdale. Some lenders are covering the average $200 cost for reinspections and extending interest rate lock-ins for 10 days to help clients minimize del
Urban landlords are increasingly offering unique incentives to attract buyers and tenants to their buildings, including rock ‘n’ roll rehearsal rooms, Imax theaters, bike repair stations, stargazing sessions, woodworking shops, greenhouses for growing herbs, and even dog yoga classes, The New York Times reports. Dog yoga, which the developer Brodsky Organization is offering as a free perk to residents in 62 rental buildings in New York, hel
In the second quarter of this year, 5.6 percent of all home sales were flips, according to ATTOM Data Solutions’ Q2 2017 U.S. Home Flipping Report. The report defines a flip as a property that is sold for the second time within a 12-month period.As housing inventory remains low and buyers get more competitive, home flippers are employing a number of strategies to gain an edge and improve their ROI, says Daren Blomquist, senior vice president a
The recent Equifax data breach, which exposed the personal information of about 143 million Americans—one of the largest hacks on record—could put home sales at risk. For consumers trying to get a mortgage, the data breach, which compromised people’s Social Security numbers, addresses, and credit card information, could stall their loan approval or put them at risk for having their information stolen and used in unlawful real estate transa
Young adults strapped with student debt are delaying buying a home an average of seven years, according to a joint study by the National Association of REALTORS® and American Student Assistance released Monday. The average student debt load among survey respondents—who are millennials between the ages of 22 and 35—is $41,200, which is higher than their average annual income of $38,800, the study shows.Eighty percent of the more than 2,000
Price: $3,995,000Size: 4 Beds / 3 Baths / 5,357 Sq Ft Living / 177,376 Sq Ft LotBuilt: 2002Imagine an estate with surroundings that instantly transport you to the vineyards of Tuscany. This Italian-inspired Villa is a custom built residence amidst a tranquil setting and beautiful natural landscape. Tucked in Silverado Canyon, it is hard to imagine you are in the heart of Orange County within 10 minutes of many surrounding cities. The Villa has 4
The Senate confirmed the nomination of Pam Patenaude as deputy secretary of the Department of Housing and Urban Development, a choice the National Association of REALTORS® and other real estate groups say will be good for homeownership. Patenaude previously served at HUD as its deputy secretary for field policy and management from 2001 to 2007 and later as assistant secretary for community, planning, and development. She then became president of
The fertility rate in the U.S. has dropped to the lowest level on record, and with fewer households having children, consumers’ real estate needs are changing.In 2015, slightly more than 70 percent of households had no children living at home, a three-percentage-point increase from 2011, according to the Census Bureau’s American Housing Survey. Broken out by age group, those ages 25 to 29 and 35 to 44 who didn’t have children in their hous
Mortgage rates mostly held at last week’s year-to-date lows, offering another opportunity for borrowers to take advantage of savings.“Following a sharp decline last week, the 10-year Treasury yield rose 11 basis points this week,” says Freddie Mac chief economist Sean Becketti. “The 30-year mortgage rate, however, remained unchanged at 3.78 percent. If Treasury yields continue to rise, mortgage rates could see an increase in next week’s
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