Which states have the lowest mortgage rates?

As many as a third of all American homeowners are on fixed-rate mortgages, according to a report by the National Association of Realtors.According to the report, the median mortgage rate in California is 2.86 percent, while the average rate is 2,857 percent.The highest rates are in Alaska, New Mexico, Texas and Utah, according the report.“The […]

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Why the city of Austin is selling its properties for less than what it’s worth

Austin, Texas (Engadget) — The city of Texas is selling a handful of properties at auction that are being offered for less, in an attempt to improve affordability in the area.In recent years, Austin has been one of the fastest-growing cities in the country, thanks to a revitalization that has led to a strong economy […]

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Florida real estate prices jump for first time in three years

The Miami-area real estate market has gained more than 3% in three months, pushing its overall annualized gains to $1.5 billion, the largest quarterly gain since August, according to the U.S. Census Bureau.The statewide gains in home sales and other types of transactions were also up about 10%.Real estate sales in the Miami area, the […]

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How to make a new home in New York’s East Village

Real estate professionals have long been calling for an end to the “crisis” in the East Village and elsewhere in New England.Now it seems there’s an answer.In an article published in The Wall Street Journal, the real estate industry group Association of Real Estate Professionals (AREP) outlines its plans to address this problem and the […]

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