Several real estate industry groups, including the National Association of REALTORS®, expressed disappointment over FEMA’s decision to not renew or issue new flood insurance policies during the partial shutdown of the federal government.The ruling is contrary to Congress’ intent to keep the National Flood Insurance Program fully funded through May 31, 2019, housing groups say. It’s also in conflict with FEMA’s previous decision to a
More homes may soon be energy-free. Homes and commercial buildings consume 40 percent of all energy used in the U.S., but the growth of net-zero homes could drastically curtail that. The Zero Energy Ready Homes—those that make the energy they use—are becoming more of a reality.In 2017, 8,547 units of net-zero housing or zero-already housing had been built in the U.S. About 38,863 were under construction, according to the Net-Zero Energy Coali
A Kansas City, Mo., couple lost their entire $130,000 down payment on a home purchase from a money wire scam that has been increasingly targeting real estate transactions.Ross and Melinda Fulton were purchasing a home to live closer to their daughters and new granddaughter in the Kansas City area. Ross, a retired pastor of 46 years, and Melinda found the perfect home in Independence, Mo., and were planning to pay for it with cash.They receiv
Most people have never gone through the homebuilding process and aren’t sure what to expect. They want to know how much it will cost, how long it will take, and how much work they will have to do. Lynn Tribon, director of market development for custom home builder Adair Homes, says real estate professionals can give clients the confidence to move forward by providing them with information about how the homebuilding process works. “As a t
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American adventurer Colin O'Brady just made it across Antarctica alive, alone, and way ahead of schedule.That feat makes O'Brady the first person to ever cross the southern continent on a solo, unsupported mission without getting resupplied or using a kite."This is something that no one in history has ever accomplished, and people have been trying for 100 years," O'Brady told Business Insider before he started the record-breaking trek.According t
Millennials are choosing to plant roots in Salt Lake City, Minneapolis, and Pittsburgh at higher rates than in any other of the nation’s 50 largest metro areas, according to a new report by online marketplace LendingTree, which analyzed mortgage requests from January to November. “While millennials are often stereotyped as adolescents, the reality is that this generation is well into adulthood, with most between their early 20s and mid-30s,
It’s a common assumption that more outgoing individuals make stronger salespeople. But what does psychological science have to say about it? You don’t have to be a “people person” to succeed in sales. If your natural tendency is to be more quiet and reflective rather than talkative and outgoing, you can be just as successful in real estate—maybe even better, says Andy Johnson, a licensed counselor and author of Introvert Revolution. Joh
Do you believe in love at first sight? Many house hunters do: They describe stepping inside a house and instantly feeling like it’s “home.” But was it the price, the amenities, or the location that attracted them? Home improvement website Porch.com surveyed nearly 1,000 consumers about their first home purchase to find some of the top factors that influenced their buying decisions.Aesthetic appeal, affordability, commute time, and neig
Home buyers and sellers may have false assumptions about the real estate transaction process, believing in myths that could rob them of a purchase opportunity or keep them from selling for more money. Leaders of the Orlando Regional REALTOR® Association culled the top myths consumers fall for.1. The longer a home has been on the market, the more negotiable the deal is.There are many reasons a property may be on the market for a long time that ha
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