5G’s lightning-fast network speeds are coming, and many cities are hoping to be the first in line. Dallas; Waco, Texas; and Atlanta will be among the first cities to receive AT&T’s 5G mobile network, while Sacramento, Calif., is slated to be Verizon’s first pick to get the fifth-generation wireless technology.Just how fast is 5G? It’s said to be 100 times faster and five times more responsive than the current 4G and 4G LTE, the techno
The 30-year fixed-rate mortgage shows little signs of stopping its gradual move upwards week to week. This marks the seventh consecutive week for higher mortgage rates, and rates continue to be at a four-year high.“Fixed mortgage rates increased for the seventh consecutive week, with the 30-year fixed mortgage rate reaching 4.40 percent in this week’s survey; the highest since April of 2014,” says Len Kiefer, Freddie Mac’s chief economist
Home prices in ZIP codes with the highest environmental hazard risk are appreciating at a faster pace than the overall housing market in the past year and over the last decade, according to ATTOM Data Solutions’ 2017 Environmental Hazards Housing Risk Index.Researchers analyzed more than 8,600 ZIP codes in the U.S. looking for four environmental risks: Superfund sites, brownfields, polluters, and poor air quality. They found that median home pr
Taxpayers can continue to deduct the interest they pay on home equity loans when the funds are used for home improvements, the IRS confirmed in a statement on Wednesday. The status of home equity deductions has been in question following the limits on the mortgage interest deduction included in recent tax reform legislation. The IRS says it has been fielding more questions from taxpayers and tax professionals on whether the interest on home equit
Consumers across the globe tilt in favor of homeownership, despite steady gains in renting. Twenty-nine of 30 countries recently analyzed have a majority of homeowners, with Switzerland being the sole exception, according to a new analysis by RentCafe, a nationwide listing service for renters.While the number of renters is on the rise in 21 of the 30 countries, homeownership still prevails. The number of renters in the United States, for example
Townhouse construction continues to post gains. Over 2017, townhome starts totaled 104,000, a 7 percent increase over 2016, according to an analysis of U.S. Census Bureau data by the National Association of Home Builders.Further, townhouses or single-family attached housing numbered 29,000 of the starts during the fourth quarter of 2017, which is 21 percent higher than a year ago.The market share of new townhouses accounts for 12.4 percent of all
The U.S. Department of Housing and Urban Development announced this week that it is awarding $34.9 million to help low-income residents become more self-sufficient. The money will be allocated to public housing authorities, public housing resident associations, Native American tribes, and nonprofit organizations across the country. It will be used to hire or retain service coordinators to help low-income residents find jobs, educational opportuni
A shortage of homes and surging prices are hitting first-time buyers particularly hard heading into the spring season. The share of first-time homeowners dropped to 29 percent of all existing-home sales in January, down from 33 percent a year ago, according to the latest housing report from the National Association of REALTORS®.“First-time buyers are typically people with a tighter budget,” says Joseph Kirchner, realtor.com®’s senior eco
Master proven scripts to win more business during your 'money-making calls'Does the thought of spending an hour calling prospects send a chill down your spine? Does dialing that next number feel like a chore, knowing you might get hung up on?Do you have fear of the phone?I hear it all day long in coaching sessions, “Tom, I know I should prospect more, but I’m scared.” For many agents, the fear of cold calling a FSBO is so paralyzing, they s
About TracyMy husband and I moved our young family to Conroe in 1994. Since then we have watched the city and surrounding areas thrive. It's amazing to think back and remember how it was back then compared to now. So, here we are. I have raised my family and, as many at this point in their lives, I get to focus on something new. I have chosen to work as a real estate agent. I love wood and construction and therefore homes. I love a good challenge
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