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College Grads’ Magic Number for Ownership: $7,481

August 7, 2019 Chris B. Georgakopoulos

College graduates are searching for a place to live, whether it’s a home of their own, a place to rent,…

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Owners Find Smart-Home Tech ‘Creepy’ But Use it Anyway

August 6, 2019 Chris B. Georgakopoulos

More homes are being outfitted with smart-home technology—devices that enable remote control and monitoring of household systems. A new analysis…

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FHA Limits Cash-Out Refinances

Chris B. Georgakopoulos

Refinancing your mortgage to take cash out using your home’s equity may not be as easy to do under new…

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Mortgage Rates Stay Flat, But That’s a Good Thing

August 5, 2019 Chris B. Georgakopoulos

The 30-year fixed-rate mortgage barely budged this week, remaining low at a 3.75% average, Freddie Mac reports. “Mortgage rates have…

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New Ads Call Out Instagram-Perfect, Fakeness in Home Searches

July 26, 2019 Chris B. Georgakopoulos

The Instagram-perfect, mansion-living lifestyles of the rich and famous aren’t the same reality for the majority of home shoppers. A…

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Judge Rules Lawsuit Over Neglected Home Exteriors Can Continue

July 25, 2019 Chris B. Georgakopoulos

A federal judge in Maryland denied a motion to dismiss a lawsuit against Bank of America and Safeguard Properties Management…

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The Most Common Problems Uncovered in Home Inspections

Chris B. Georgakopoulos

Very few home inspections ever come back completely clear. Indeed, 86% of buyers who recently had a home inspected said…

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Why Home Sales Are Falling Against a Strong Economy

July 24, 2019 Chris B. Georgakopoulos

Despite mortgage rates dipping below 4%, more jobs filled than ever before, and record-high consumer net worth, existing-home sales turned…

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Equifax to Pay Up to $700 Million to Settle Security Breach

Chris B. Georgakopoulos

Equifax will reportedly pay up to $700 million to settle investigations of its massive 2017 cybersecurity data breach that compromised…

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Long Island Housing Data for June 2019

July 13, 2019 Chris B. Georgakopoulos

The June 2019 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, The June…

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