Homeownership is still considered vital to the American dream. But for many Americans, joining that dream also means living in a place of economic opportunity and diverse communities.SmartAsset, a personal finance resource, ranked the best places for living the American dream by looking at five key metrics: homeownership rates, diversity rates, upward mobility rates, median home values, and unemployment rates.According to the study’s finding
T-Mobile US and Sprint Corp. are making plans for a $26.5 billion merger. If approved, it could create a wireless company that would be close in size to rivals AT&T and Verizon. The merger could also reshuffle thousands of square feet of real estate in the retail space.The merged firms would operate under the T-Mobile name with two headquarters in Bellevue, Wash., and Overland Park, Kan.In the retail space, there will be some initial closure
May marks a golden opportunity for homeowners to assess their home and ensure everything is in tip-top shape before the summer months begin. HouseLogic recently provided a checklist that you can use to save both time and money.For smart homeowners, these four tasks are essential for the month of May: A new refrigerator. If your current fridge is leaky, not cooling enough, or tight on storage space, consider buying a new model this month. May is
The Federal Reserve decided Wednesday that it would not raise rates and keep its benchmark interest rate unchanged, despite rising inflation. Mortgage rates are not directly tied to the Fed’s benchmark rate, but they do tend to be influenced by them.The Federal Open Markets Committee had raised rates for the first time in 2018 at its last meeting in March. At that time, it had increased the federal funds rate by 25 basis points.At May’s meeti
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Would-be home buyers and refinancing homeowners both receded from the mortgage market last week as mortgage rates surged to their highest averages in nearly five years. The Mortgage Bankers Association’s seasonally adjusted index showed that total application volume, which includes home purchases and refinances, dropped 2.5 percent last week and are now 3.3 percent lower than a year ago.Refinance volume took most of the hit, dropping 4 percent
Bathrooms have overtaken kitchens as the most popular remodeling project, according to a newly released survey by the National Association of Home Builders."Small-scale renovations are slowly becoming just as popular as large-scale projects, as seen with bathroom remodeling becoming more common than kitchens," says 2018 NAHB Remodelers Chair Joanne Theunissen. "Home owners are finding cost-effective and [faster] upgrades can also add comfort and
wo U.S. agencies are combining their efforts to bring new levels of safety to public roadways.With buyers increasingly interested in walkable communities and self-driving cars edging their wayonto public streets, the National Safety Council is rolling out Road to Zero, designed with the U.S. Department of Transportation and over 600 industry groups. Road to Zero's goal is to eliminate traffic deaths by 2050.A recent report by the RAND Corp. la
DocuSign, the e-signature company that helped usher in the era of digital real estate closings, debuted as an initial public offering on April 27 and is off to a strong start. Shares of DocuSign ended up 37 percent higher by the end of its first day of trading on the Nasdaq. DocuSign is NAR’s official and exclusive eSignature provider under the REALTOR Benefits® Program and an NAR Strategic Investment Company.DocuSign priced its IPO at $29 a
Second Century Ventures, an investment arm of the National Association of REALTORS®, named eight startups to its 2018 REach Accelerator Class. REach is a technology accelerator program that helps launch early- to mid-stage companies into real estate, financial services, banking, home services, and insurance industries. Companies selected get access to NAR’s industry expertise and influence as they launch into the real estate space.The companie
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