Student Debt Reduces Home Buyers’ Budgets by Nearly $100,000, Zillow Finds

Student Debt Homeowners FNL

Carrying student debt, whether for themselves or someone else, limits potential home buyers’ budgets by $92,440, leaving fewer homes on the market they can afford, according to a new report from online real estate company Zillow. The average monthly student debt payment for renters who plan to buy a home in the next year is $388, says…

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Do You Practice Home Fire Drills? Have You Installed Smoke Alarms?

Fire Prevention FNL

The American Red Cross is reminding everyone that fire prevention demands some action on the part of homeowners and renters. Americans should take two simple steps – practice fire drills at home and test smoke alarms monthly – to stay safe from the nation’s most frequent and deadliest disaster. On average, seven people die every…

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Foreclosed Homes Appreciating Faster than Typical U.S. Homes, Zillow Finds

Forclosed Homes FNL

The value of homes that were foreclosed on during the Great Recession are appreciating rapidly, up 10.3 percent over the past year, according to a new analysis from online real estate company Zillow, while the typical U.S. home is appreciating 6.5 percent annually. Throughout the recovery, foreclosed homes have gained 74.5 percent in value, compared…

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U.S. Will Become a Buyers Market for Houses in 2020, According to Zillow

Buyers Market FNL

Home sellers will continue to hold more negotiating power than buyers for the next year and a half, according to the results of a survey of real estate economists and experts from online real estate company Zillow. This quarterly survey, sponsored by Zillow and conducted by Pulsenomics LLC, asked more than 100 real estate economists…

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How to Save Money with a New Apartment

Apartment Savvy FNL

With rents increasing across the country, from Los Angeles at 3% in to Atlantaat 4.7%, renters are taking savvy approaches to save money around their homes, says apartment-listing site So the company is revealing the top 10 tips to save money using little time and effort. From setting a budget to finding the perfect neighborhood, everyone can…

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How to Lessen Home Damage from Hurricanes and High Winds

Hurricane Preparedness FNL

Insurer Nationwide released these tips for preparing your home for a hurricane last week, just ahead of Florence. But hurricane season is still with us, so it\’s worth keeping these things in mind: Secure outdoor items Move items like patio furniture, garden décor and trash cans to an indoor location. Anchor larger outdoor objects such…

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More than Six Million Homes Missing From U.S. Housing Market, Zillow Claims

Missing Homes FNL

One of the defining characteristics of today’s housing market is the lack of available inventory, and much of this scarcity can be traced back to the lack of building following the bubble’s burst, according to online real estate company Zillow. Between 1985 and 2000, there were 3.9 permits issued for single-family homes per 1,000 residents.…

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