Home Purchase Activity Up 20% Over Last Year

Mortgage applications decreased this week but economists say homebuying sentiment has improved over this time last year thanks to an increase in homes on the market.  According to the latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage loan activity volu

This Once-Luxury Inspection Add-On Can Now Save Average Homeowners From Costly Post-Sale Surprises

For most homeowners, the home inspection process has looked roughly the same for years: An inspector walked through a property, took notes on what they could see, and handed over a report. Buyers trusted that what was visible to them was what mattered.  Occasionally, a high-end buyer might spring fo

King Charles in Coney Island?

Given all the cops and helicopters and traffic jams around Manhattan today, it was impossible to miss the fact that King Charles was spending the day in New York. He had a very dignified itinerary, of course: a visit to the 9/11 Memorial accompanied by Michael Bloomberg, a greeting with the mayor...

When Selling a House, Who Pays for What?

Key Takeaways Costs in a home sale are shared between the buyer and seller, but who pays for what can vary based on the terms of the deal.  Many expenses, including agent commissions, closing costs, and concessions, are negotiable and can be structured in different ways.  Sellers often cover costs l