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Consumer | RISMedia

(TNS)—For millennials who are ready to become homeowners, finding an affordable house in a great community can be challenging. With housing inventory historically low, real estate in major metro areas is at a premium. It’s no surprise, then, that young buyers are moving to the suburbs, according to the 2017 Home Buyer and Seller Generational […]

The post 5 Great Cities for Millennial Homebuyers appeared first on RISMedia.

3/11/2018 11:02:38 AM

Consumer confidence leapt in February, posting a 130.8 reading in the latest Consumer Confidence Index® from The Conference Board. The Expectations reading of the Index rose to 109.7, while the Present Situation reading rose to 162.4. January’s reading was 124.3. “Consumer confidence improved to its highest level since 2000 (Nov. 2000, 132.6) after a modest […]

The post Consumer Confidence Leaps appeared first on RISMedia.

3/5/2018 3:04:11 PM

(TNS)—Wait, what? You didn’t file your income tax return yet, but, suddenly, somehow, you spotted a bunch of money in your bank account from a refund? Seriously? Believe it or not, criminals are using real bank accounts in a fast-spreading scam that could gain more traction as we move into prime refund season, according to […]

The post Tax Scammers Use Refund Ruse appeared first on RISMedia.

3/5/2018 3:03:26 PM

In 2017, multiple regions were severely impacted by natural disasters—and the real estate industry has been affected by them all. But one event which often occurs across the U.S. has largely been out of the limelight. Sinkhole activity typically occurs in areas of Florida, Texas, Alabama, Missouri, Kentucky, Tennessee and Pennsylvania, according to the U.S. […]

The post Sinkholes: Avoiding Collapsed Transactions appeared first on RISMedia.

3/4/2018 12:06:47 PM

Since Amazon announced its search for a second headquarters site, experts have speculated on what city will become home to HQ2. In January, the company narrowed down its selections to 20. The area Amazon chooses can expect its economy to surge, and, in the housing market, an influx of new residents. According to experts recently […]

The post HQ2: How the Experts Think Amazon’s Decision Will Shake Out appeared first on RISMedia.

3/1/2018 3:38:14 PM

Is blockchain the future of real estate transactions? So far, only a few contracts have closed through Bitcoin or other forms of cryptocurrency; however, with offerings being introduced, that could quickly change. Aperture Real Estate Ventures, a real estate technology and investment firm based in Los Angeles, Calif., claims it has launched the first-ever real […]

The post Property Coin: Crypto Investors Looking to Fix and Flip appeared first on RISMedia.

2/28/2018 3:18:45 PM

The stock market has been on a volatile patch after plunging nearly 1,600 points at the beginning of February—and, while stable now, consumers and investors are watching closely. With many public pension plans tied to stocks, the incoming retirement community is hoping for a full recovery to recoup losses. Many public pensions have already reported […]

The post Volatile Market Threatens Retirement Real Estate appeared first on RISMedia.

2/26/2018 2:57:16 PM

This year’s tax season is bringing to light taxpayer confusion surrounding The Tax Cuts and Jobs Act of 2017, which could impact homeowners in next year’s tax filing. The IRS is taking steps to clarify what the new provisions mean for the real estate industry and homeowners. One of the most misunderstood provisions in the […]

The post IRS Clarifies Home Equity Loan Tax Deductions Under New Law appeared first on RISMedia.

2/25/2018 12:05:28 PM

(TNS)—World events are conspiring to make it more expensive for you to borrow money to buy a house. Mortgage rates have increased for five consecutive weeks, according to Bankrate data, bringing interest on a 30-year fixed rate loan to 4.44 percent—the highest level in 11 months—while home prices continue to rise due to a lack […]

The post Why Your Mortgage Is Getting More Expensive appeared first on RISMedia.

2/21/2018 2:48:48 PM

(TNS)—Your day burns brightly on both ends. You prod your kids out of bed at daybreak, get them dressed, fed and off to school. You drive to work, endure meetings, colleagues, power lunches, memos and strategy sessions, only to return home through gridlocked traffic just as the sun sets, beg your kids to eat dinner, […]

The post Survey Finds Hidden Costs of Homeownership appeared first on RISMedia.

2/19/2018 3:04:35 PM

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