The Department of Housing and Urban Development is accusing Facebook of violating the federal Fair Housing Act and allowing landlords and home sellers to use the social network’s advertising platform to engage in housing discrimination. A Facebook tool enabling advertisers to filter which users see housing-related ads based on race, color, religion, sex, familial status, national origin, disability, or ZIP code limits housing options for prot
More than one in 10 adults—or about 29 million Americans—say they’re losing sleep worrying about their ability to pay the mortgage or rent, according to a new survey by Bankrate.com. Millennials seem to be tossing and turning the most, with 17 percent of people ages 28 to 37 saying concerns over housing costs are causing them to lose sleep. Also, those earning less than $50,000 per year are more than three times as likely to stress about ho
Alliance Residential Company, one of the largest multifamily developers and managers in the U.S., is rolling out a new initiative to outfit 25,000 luxury apartments across the country with smart-home technology through partnerships with Google, Nest, and Dwelo, among others. “We wanted to ensure that from the moment our residents move in, they are able to control multiple aspects of their home—access, climate, and lighting—from a single, si
Accelerate your professional and personal growthHours turn into days which blur into weeks and then months, and often we’re left blinking into the bewildered eyes in the mirror, no better off today than last year.Holistic planning coupled with dogged determination and consistent follow-through can squeeze the most out of every hour, resulting in more productive weeks and months. Read on for my top 5 tips to accelerate your professional and pers
Ever wish you knew the best time to sell in your market? A tool from HomeLight, a real estate referral company, wants to reveal sellers’ best chances for getting top dollar or the quickest sale.Nationwide, the best months to list a home is in the spring, according to HomeLight’s data. March, April, and May tend to offer the best returns or fastest sales for home sellers. September is still one of the strongest performing months for sales as
Are home buyers favoring the Midwest? Home buyer activity is shifting from pricey California to affordable markets across the country. Nearly a third of the markets on realtor.com®’s latest hottest housing market list were in the Midwest, known for its affordable housing compared with many other parts of the country.“With the median home list price hovering at a record level, affordable markets are very attractive for buyers, which is contri
Borrowers had slightly more relief with mortgage rates again this week. The 30-year fixed-rate mortgage rate dipped again, averaging 4.53 percent, Freddie Mac reports.“The stability in borrowing costs comes despite the highest core inflation rates since 2008 and turbulence in the currency markets,” says Sam Khater, Freddie Mac’s chief economist. “Unfortunately, this pause in rates is not leading to increasing home sales.”Last week, mort
Homebuilding eked out a slight increase in July, but economists say it’s still not nearly enough to catch up with home buyer demand or to help cool rising home prices. The Commerce Department reported Thursday that total housing starts for both single-family homes and multifamily building rose 0.9 percent last month to a seasonally adjusted annual rate of 1.17 million units. This was following a nine-month low in June of 1.16 million.Homebuildi
Airbnb has unveiled big plans to turn at least 14 apartment buildings into home-sharing units by the end of next year. But some tenants of two newly branded Airbnb complexes aren’t completely happy about their buildings changing into a “hotel-like” atmosphere.Airbnb has teamed with Niido, a real estate development company, to form “Niido Powered by Airbnb” to brand buildings across the country. Their first project was a 324-unit complex
The highest share of homeowners are likely to move in the third quarter to Chicago, Washington, D.C., Orlando, Tampa, and Atlanta, according to a new study by ATTOM Data Solutions, a real estate data firm. Researchers culled data from purchase loan applications on residential transactions among metro areas with at least 500,000 single-family homes and condos for ATTOM’s Pre-Mover Housing Index.“A higher pre-mover index bodes well for local r
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