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Author: Chris B. Georgakopoulos

Low 30-Year Rates Keep Buyers in Summer Market

July 5, 2019 Chris B. Georgakopoulos

Mortgage rates barely budged this week, keeping borrowing costs low for summertime home shoppers. Mortgage rates continue to hover near…

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Posted in: Uncategorized

New Niche in Cohousing For LGBT Seniors

Chris B. Georgakopoulos

A supportive cohousing community focusing on seniors who identify as LGBT broke ground last November in Durham, N.C., and is scheduled…

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HUD Commits $330M to Prop Up ‘Healthy’ Housing

July 3, 2019 Chris B. Georgakopoulos

The Department of Housing and Urban Development has allocated $330 million in grants to clean up lead-based paint and other…

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Survey: Potential Gen Z Buyers Prefer Diverse Neighborhoods

Chris B. Georgakopoulos

Generation Z, the youngest potential home buyers, who are beginning to enter the housing market, show a preference for buying…

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N.Y. Landlords Face Fallout From New Rent Control Laws

July 2, 2019 Chris B. Georgakopoulos

New rent control laws in New York are being blamed for eating away at landlords’ profits and putting many in…

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Gap Widens Between What Buyers Want, What’s for Sale

Chris B. Georgakopoulos

Home buyers are finding fewer homes for sale that are meeting their price expectations. Half of all home buyers say…

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Greater Affordability Revives Pending Home Sales

July 1, 2019 Chris B. Georgakopoulos

Pending home sales bounced back in May from a dip the previous month, a sign that home buyers are returning to…

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Mortgage Rates Haven’t Been This Low Since 2016

Chris B. Georgakopoulos

For the seventh time in the last nine weeks, the 30-year fixed-rate mortgage dropped, reaching the lowest average since November…

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10 Projects That Blow Fixer-Uppers’ Budgets

June 28, 2019 Chris B. Georgakopoulos

Many homeowners who purchase a fixer-upper say it was because they believed they’d save money. But they actually end up…

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Flood Threats Prompt Call to Raise Houses

Chris B. Georgakopoulos

Government officials in some cities want to make it easier and less expensive to raise homes near coastal areas that…

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