http://www.forbes.com/sites/alyyale/ en-usAly YaleAly J. Yale's stories. I cover mortgage, housing and real estate.Copyright 2019 Forbes LLChttps://secure.gravatar.com/avatar/246fe01f7cb90eaf8cbca906c12a7e2a?s=400&d=mm&r=gAly Yalehttps://www.forbes.com/sites/alyyale/feed/ https://www.forbes.com/sites/alyyale/2019/11/15/2020-housing-outlook-expert-predictions-for-mortgage-rates-home-prices-tech-and-more/ 2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And MoreThe 2019 housing market has been one of low rates, high demand and limited supply—particularly on the lower-priced end of the market. Will 2020 be more of the same? According to experts, yes and no. Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5dcdba5f76e2780006a0f648Fri, 15 Nov 2019 14:04:56 +00002019-11-15T14:04:56ZThe 2019 housing market has been one of low rates, high demand and limited supply—particularly on the lower-priced end of the market. Will 2020 be more of the same? According to experts, yes and no. https://www.forbes.com/sites/alyyale/2019/11/14/as-mortgage-apps-surge-customer-satisfaction-plummets-new-report-shows/ As Mortgage Apps Surge, Customer Satisfaction Plummets, New Report ShowsMortgage activity surged from late summer into fall, but it seems mortgage lenders may have been ill-prepared. A new report shows borrower satisfaction is dropping.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5dcc4cf28cf807000621b335Thu, 14 Nov 2019 12:00:00 +00002019-11-14T12:00:00ZMortgage activity surged from late summer into fall, but it seems mortgage lenders may have been ill-prepared. A new report shows borrower satisfaction is dropping.https://www.forbes.com/sites/alyyale/2019/11/11/mortgage-lender-promises-to-hire-5000-veterans-and-military-spouses/ Mortgage Lender Promises To Hire 5,000 Veterans And Military SpousesMore than 274,000 military veterans are unemployed in America, and for women vets, the number’s even higher. One mortgage lender wants to help.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5dc480d4b476fc0006158696Mon, 11 Nov 2019 12:30:00 +00002019-11-11T12:30:00ZMore than 274,000 military veterans are unemployed in America, and for women vets, the number’s even higher. One mortgage lender wants to help.https://www.forbes.com/sites/alyyale/2019/11/08/va-loans-offer-big-benefits--and-young-homebuyers-are-taking-full-advantage/ VA Loans Surge Among Young HomebuyersWhile VA loans have historically been underutilized, it seems Millennials are looking to buck that trend. According to data from the Department of Veterans Affairs, the share of Millennials using a VA loan jumped 14% over the last year alone.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5dc493fa7f6ce000063b298bFri, 8 Nov 2019 19:00:00 +00002019-11-08T19:00:00ZWhile VA loans have historically been underutilized, it seems Millennials are looking to buck that trend. According to data from the Department of Veterans Affairs, the share of Millennials using a VA loan jumped 14% over the last year alone.https://www.forbes.com/sites/alyyale/2019/11/06/home-insurance-rates-are-up-thanks-to-natural-disasters-heres-where-they-jumped-most/ Home Insurance Rates Are Up Thanks To Natural Disasters; Here’s Where They Jumped MostNatural disasters have been on the rise in the last decade, and according to a new analysis, it’s sending home insurance rates through the roof.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5dc2efc1b476fc000622e7a4Wed, 6 Nov 2019 16:15:15 +00002019-11-06T16:15:15ZNatural disasters have been on the rise in the last decade, and according to a new analysis, it’s sending home insurance rates through the roof.https://www.forbes.com/sites/alyyale/2019/11/05/real-estate-agent-commissions-are-shrouded-in-secrecy-new-study-shows/ Real Estate Agent Commissions Are Shrouded In Secrecy, New Study ShowsA new study shows that most real estate agents (and the brokerages who employ them) are less-than-forthcoming about their commission fees—a practice that researchers say has reduced price competition and stalled negotiating power for American homebuyers.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5dc1a3bb7840ed0006b32ae3Tue, 5 Nov 2019 16:40:18 +00002019-11-05T16:40:18ZA new study shows that most real estate agents (and the brokerages who employ them) are less-than-forthcoming about their commission fees—a practice that researchers say has reduced price competition and stalled negotiating power for American homebuyers.https://www.forbes.com/sites/alyyale/2019/10/31/mortgage-rates-tick-up-reaching-their-highest-point-in-months/ Mortgage Rates Tick Up, Reaching Their Highest Point Since JulyMortgage rates rose for the third week in a row.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5dbaed8dab6263000720327bThu, 31 Oct 2019 14:27:26 +00002019-10-31T14:27:26ZMortgage rates rose for the third week in a row.https://www.forbes.com/sites/alyyale/2019/10/30/the-federal-reserve-cut-rates-again-heres-what-that-means-for-your-money/ The Federal Reserve Cut Rates Again; Here’s What That Means For Your Mortgage, Home Construction And MoreThe Federal Open Market Committee decided to cut the federal funds rate yet again today, lowering its target range to 1.5-1.75%. This marks the third time the Fed has cut rates in as many months.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5db9db634fc85900063bb6d3Wed, 30 Oct 2019 19:15:21 +00002019-10-30T19:15:21ZThe Federal Open Market Committee decided to cut the federal funds rate yet again today, lowering its target range to 1.5-1.75%. This marks the third time the Fed has cut rates in as many months.https://www.forbes.com/sites/alyyale/2019/10/25/home-prices-jump-in-95-of-cities-reaching-record-high/ Home Prices Jump In 95% Of Cities, Reaching Record HighHome prices have risen in 95% of major markets, hitting a record high, according to new data.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5db1adffd235050006a992c4Fri, 25 Oct 2019 14:31:00 +00002019-10-25T14:31:00ZHome prices have risen in 95% of major markets, hitting a record high, according to new data.https://www.forbes.com/sites/alyyale/2019/10/23/doj-voices-rare-opinion-in-civil-case-against-realtor-group/ DOJ Voices Rare Opinion In Civil Case Against Realtor GroupThe Department of Justice is pushing back against the National Association of Realtors, officially responding to the group’s motion to dismiss the multiple antitrust cases currently lobbied against it.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5db05c5038f2a700062fd82eWed, 23 Oct 2019 14:04:52 +00002019-10-23T14:04:52ZThe Department of Justice is pushing back against the National Association of Realtors, officially responding to the group’s motion to dismiss the multiple antitrust cases currently lobbied against it.https://www.forbes.com/sites/alyyale/2019/10/17/mortgage-rates-rise-but-theres-still-hope-for-homebuyers/ Mortgage Rates Rise, But There’s Still Hope For HomebuyersMortgage rates rose this week. The jumps may be a disappointment to hopeful homebuyers, but according to experts, it’s no cause for alarm just yet.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5da87e17bd77610006bc4e9cThu, 17 Oct 2019 14:50:37 +00002019-10-17T14:50:37ZMortgage rates rose this week. The jumps may be a disappointment to hopeful homebuyers, but according to experts, it’s no cause for alarm just yet.https://www.forbes.com/sites/alyyale/2019/10/11/mortgage-rates-drop-againand-first-time-homebuyers-take-full-advantage/ Mortgage Rates Drop Again—And First-Time Homebuyers Take Full AdvantageMortgage rates dropped again, and according to Freddie Mac, the downward spiral has first-time buyers gaining ground.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5da0cdbadadb9f000612b489Fri, 11 Oct 2019 18:48:31 +00002019-10-11T18:48:31ZMortgage rates dropped again, and according to Freddie Mac, the downward spiral has first-time buyers gaining ground.https://www.forbes.com/sites/alyyale/2019/10/04/will-mortgage-rates-stay-low-through-2019-heres-what-experts-predict/ Will Mortgage Rates Stay Low Through 2019? Here’s What Experts PredictAccording to three industry forecasts, the trend toward low mortgage rates, slowing home price growth and increased housing construction will continue well into 2020.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d97542a87132600061cebaaFri, 4 Oct 2019 14:23:47 +00002019-10-04T14:23:47ZAccording to three industry forecasts, the trend toward low mortgage rates, slowing home price growth and increased housing construction will continue well into 2020.https://www.forbes.com/sites/alyyale/2019/10/02/the-results-are-in-the-mansion-tax-has-nyc-real-estate-sales-plummeting/ The Results Are In: The Mansion Tax Has New York City Real Estate Sales PlummetingIt’s clear that New York’s newly increased mansion tax has had an impact. According to data from three New York brokerages, Manhattan real estate sales have plummeted since the hike went into effect on July 1Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d939076d757d900072d6187Wed, 2 Oct 2019 11:34:04 +00002019-10-02T11:34:04ZIt’s clear that New York’s newly increased mansion tax has had an impact. According to data from three New York brokerages, Manhattan real estate sales have plummeted since the hike went into effect on July 1https://www.forbes.com/sites/alyyale/2019/10/01/new-study-digital-mortgages-reduce-discrimination-and-loan-costs-for-black-and-latinx-borrowers/ Digital Mortgages Reduce Discrimination (And Loan Costs) For Black And Latinx Borrowers: New StudyDigital mortgage solutions are reducing discrimination against minorities — as well as the interest rates they receive as a result.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d93582efbe468000796f22aTue, 1 Oct 2019 13:56:47 +00002019-10-01T13:56:47ZDigital mortgage solutions are reducing discrimination against minorities — as well as the interest rates they receive as a result.https://www.forbes.com/sites/alyyale/2019/09/25/mortgage-apps-refinances-down-as-interest-rates-rise/ Mortgage Applications, Refinances Down As Interest Rates RiseMortgage rates stopped their downward spiral two weeks ago, and it seems homebuyers are taking notice.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d8b844e87e269000988e9feWed, 25 Sep 2019 15:17:37 +00002019-09-25T15:17:37ZMortgage rates stopped their downward spiral two weeks ago, and it seems homebuyers are taking notice.https://www.forbes.com/sites/alyyale/2019/09/19/buyers-get-ready-were-entering-the-best-and-cheapest-homebuying-week-of-the-year/ Buyers, Get Ready: We’re Entering The Best (And Cheapest) Homebuying Week Of The YearIf you’re on the fence about buying a home, you may want to decide quick.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d83da479cfbbc0008be67afThu, 19 Sep 2019 19:48:26 +00002019-09-19T19:48:26ZIf you’re on the fence about buying a home, you may want to decide quick.https://www.forbes.com/sites/alyyale/2019/09/19/nate-berkus-and-jeremiah-brent-snag-vogue-photographers-montauk-home/ Nate Berkus And Jeremiah Brent Snag Vogue Photographer’s Montauk HomeInterior designers Nate Berkus and Jeremiah Brent are officially Hamptonites (well, technically Montaukers—but close enough).Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d8381a8c43aa0000924b913Thu, 19 Sep 2019 13:43:16 +00002019-09-19T13:43:16ZInterior designers Nate Berkus and Jeremiah Brent are officially Hamptonites (well, technically Montaukers—but close enough).https://www.forbes.com/sites/alyyale/2019/09/12/the-pied-a-terre-tax-is-making-a-comeback-is-the-third-time-the-charm/ The Pied-a-Terre Tax Is Making A Comeback. Is The Third Time The Charm?The pied-a-terre tax has reared its head again, with New York Sen. Brad Hoylman announcing a renewed fervor to see his bill through to fruition. Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d7a8c6312c2d90008226142Thu, 12 Sep 2019 18:23:27 +00002019-09-12T18:23:27ZThe pied-a-terre tax has reared its head again, with New York Sen. Brad Hoylman announcing a renewed fervor to see his bill through to fruition. https://www.forbes.com/sites/alyyale/2019/09/12/meet-the-farm-based-neighborhoods-changing-the-face-of-master-planned-communities/ Meet The Farm-Based Neighborhoods Changing The Face Of Master-Planned CommunitiesThanks to a handful of developers and their more sustainable approach to planning, a new vision of the American neighborhood has emerged—and it’s called the “agrihood.”Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d79abc495c2c50008fc1f72Thu, 12 Sep 2019 11:00:00 +00002019-09-12T11:00:00ZThanks to a handful of developers and their more sustainable approach to planning, a new vision of the American neighborhood has emerged—and it’s called the “agrihood.”https://www.forbes.com/sites/alyyale/2019/09/10/the-real-cost-of-foreclosureand-which-states-need-to-worry-about-it/ The Real Cost Of Foreclosure—And Which States Need To Worry About ItNew data from loan marketplace LendingTree shows that the bulk of foreclosure damage occurs within the first two years.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d77cef8ec3eb700099e2390Tue, 10 Sep 2019 16:37:23 +00002019-09-10T16:37:23ZNew data from loan marketplace LendingTree shows that the bulk of foreclosure damage occurs within the first two years.https://www.forbes.com/sites/alyyale/2019/09/09/80-of-2018-mortgages-could-save-big-with-a-refinance/ 80% Of 2018 Mortgages Could Save Big With A Refinance, Data SuggestsIf your mortgage was originated in 2018, then it might be time to consider a refinance.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d74061dbd2128000835e632Mon, 9 Sep 2019 10:00:00 +00002019-09-09T10:00:00ZIf your mortgage was originated in 2018, then it might be time to consider a refinance.https://www.forbes.com/sites/alyyale/2019/08/29/real-estate-firm-will-now-publish-agent-commissions-on-all-home-listings/ Real Estate Firm Will Now Publish Agent Commissions On All Home ListingsReal estate homebuyers are largely confused about real estate agent commissions. Redfin is hoping to change that with its launch of more transparent home listings.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d66f6ed9016f60008fb7d41Thu, 29 Aug 2019 14:00:00 +00002019-08-29T14:00:00ZReal estate homebuyers are largely confused about real estate agent commissions. Redfin is hoping to change that with its launch of more transparent home listings.https://www.forbes.com/sites/alyyale/2019/08/27/home-prices-notch-32-month-growth-streak/ Home Prices Notch 32-Month Growth StreakHoe prices have officially been rising for 32 straight months. Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d656120b580e00008680abbTue, 27 Aug 2019 17:03:21 +00002019-08-27T17:03:21ZHoe prices have officially been rising for 32 straight months. https://www.forbes.com/sites/alyyale/2019/08/23/rent-growth-is-waningbut-not-everywhere-and-maybe-not-for-long/ Rent Growth Is Waning—But Not Everywhere (And Maybe Not For Long)According to data from property analytics firm CoreLogic, rents grew just 2.9% in July, down from a 3% rise in June.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d5fede3f0f4e500087d779dFri, 23 Aug 2019 13:51:21 +00002019-08-23T13:51:21ZAccording to data from property analytics firm CoreLogic, rents grew just 2.9% in July, down from a 3% rise in June.https://www.forbes.com/sites/alyyale/2019/08/21/refinancing-for-a-lower-mortgage-rate-it-might-be-harder-than-you-think/ Refinancing For A Lower Mortgage Rate? It Might Be Harder Than You ThinkMortgage refinances are surging thanks to low mortgage rates, which hit nearly three-year lows just last week.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d5d8e6bab96d20008eb789bWed, 21 Aug 2019 18:39:13 +00002019-08-21T18:39:13ZMortgage refinances are surging thanks to low mortgage rates, which hit nearly three-year lows just last week.https://www.forbes.com/sites/alyyale/2019/08/16/study-shows-ibuyers-cost-home-sellers-thousands-is-convenience-worth-the-price/ Study Shows iBuyers Cost Home Sellers Thousands; Is Convenience Worth The Price?Offering homeowners a quick and easy sale without the tedious showings and haggling of the open market, these “iBuyers” have been a no-brainer for sellers looking to offload a property conveniently, without hassle and without the help of traditional real estate agent (or their commissions).Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d55ada02de908000937d711Fri, 16 Aug 2019 12:05:44 +00002019-08-16T12:05:44ZOffering homeowners a quick and easy sale without the tedious showings and haggling of the open market, these “iBuyers” have been a no-brainer for sellers looking to offload a property conveniently, without hassle and without the help of traditional real estate agent (or their commissions).https://www.forbes.com/sites/alyyale/2019/08/14/refinances-double-20-million-homeowners-could-see-a-mortgage-rate-drop/ Refinances Double; 20 Million Homeowners Could See A Mortgage Rate DropMortgage rates hit an almost three-year low last week, and it seems homeowners are finally taking full advantage.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d5422d8c8456200097b95a8Wed, 14 Aug 2019 15:07:32 +00002019-08-14T15:07:32ZMortgage rates hit an almost three-year low last week, and it seems homeowners are finally taking full advantage.https://www.forbes.com/sites/alyyale/2019/08/05/low-mortgage-rates-rising-incomes-nudge-housing-affordability-in-the-right-direction/ Low Mortgage Rates, Rising Incomes Nudge Housing Affordability In The Right DirectionMortgage rates have hovered below 4% for 10 weeks now, and their impact on overall housing affordability is starting to show.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d44c5f58e704a0009d9ef02Mon, 5 Aug 2019 12:00:00 +00002019-08-05T12:00:00ZMortgage rates have hovered below 4% for 10 weeks now, and their impact on overall housing affordability is starting to show.https://www.forbes.com/sites/alyyale/2019/07/23/amazon-enters-the-real-estate-game-launches-smart-tech-heavy-homebuying-program/ Amazon Partners With Real Estate Brand, Launching Smart Tech-Heavy Homebuying ProgramAmazon is officially dipping its toes into the real estate waters today, launching a new homebuying program with Realogy, one of the industry’s biggest names.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d360dc5a11a8a0009fee0f6Tue, 23 Jul 2019 12:04:13 +00002019-07-23T12:04:13ZAmazon is officially dipping its toes into the real estate waters today, launching a new homebuying program with Realogy, one of the industry’s biggest names.https://www.forbes.com/sites/alyyale/2019/07/17/declining-mortgage-rates-arent-helping-home-builders-heres-why/ Declining Mortgage Rates Aren’t Helping Home Builders — Here's WhyLow mortgage rates should be giving home builders a leg up, but it seems the impact has so far been muted.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d2e668ce00181000907f554Wed, 17 Jul 2019 15:21:37 +00002019-07-17T15:21:37ZLow mortgage rates should be giving home builders a leg up, but it seems the impact has so far been muted.https://www.forbes.com/sites/alyyale/2019/07/11/what-a-fed-rate-cut-would-mean-for-your-pocketbookand-your-mortgage/ What A Fed Rate Cut Means For Your Pocketbook—And Your MortgageFederal Reserve Chair Jerome Powell shook the financial world yesterday, hinting before Congress that a federal funds rate cut might soon be on the horizon. But what would that mean for the average American’s pocketbook? Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d2766c4bd1d87000905e297Thu, 11 Jul 2019 16:46:04 +00002019-07-11T16:46:04ZFederal Reserve Chair Jerome Powell shook the financial world yesterday, hinting before Congress that a federal funds rate cut might soon be on the horizon. But what would that mean for the average American’s pocketbook? https://www.forbes.com/sites/alyyale/2019/07/08/housing-market-check-in-6-expert-predictions-for-the-second-half-of-2019/ Housing Market Check-In: 6 Expert Predictions For The Second Half Of 2019The year has so far been a promising one for would-be homebuyers. The seemingly unending rise in home prices started to slow, mortgage rates dipped to unexpected lows and Millennials have finally started buying in. But will these positive trends continue? Experts weigh in.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5ce3228d3628e700835a4ab8Mon, 8 Jul 2019 13:40:00 +00002019-07-08T13:40:00ZThe year has so far been a promising one for would-be homebuyers. The seemingly unending rise in home prices started to slow, mortgage rates dipped to unexpected lows and Millennials have finally started buying in. But will these positive trends continue? Experts weigh in.rocketmortgagehttps://www.forbes.com/sites/alyyale/2019/07/08/does-your-real-estate-agent-have-your-back-the-answer-isnt-always-so-clear/ Does Your Real Estate Agent Have Your Back? The Answer Isn't Always So ClearReal estate agents aren't just committed to their clients, but to their brokers, too. If consumers aren't careful, it could put their interests on the back burner.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d1fa98bbd1d870009360b4fMon, 8 Jul 2019 11:00:00 +00002019-07-08T11:00:00ZReal estate agents aren't just committed to their clients, but to their brokers, too. If consumers aren't careful, it could put their interests on the back burner.https://www.forbes.com/sites/alyyale/2019/06/26/renting-can-be-a-waste-of-money-with-these-2-tools-it-doesnt-have-to-be/ Renting Can Be A Waste of Money; With These 2 Tools, It Doesn't Have To BeRenting might seem like throwing money down a proverbial black hole—but it doesn’t have to. In fact, with the right landlord, it might just improve your long-term financial station.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d112451c1f8e700833ef166Wed, 26 Jun 2019 10:30:00 +00002019-06-26T10:30:00ZRenting might seem like throwing money down a proverbial black hole—but it doesn’t have to. In fact, with the right landlord, it might just improve your long-term financial station.https://www.forbes.com/sites/alyyale/2019/06/17/dont-understand-the-mortgage-process-youre-not-alone/ Don't Understand The Mortgage Process? You're Not Alone.A new study shows that Americans have unrealistic assumptions about the mortgage process. In fact, buying a home is actually easier than most consumers think.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d07c1671d15180081e07e17Mon, 17 Jun 2019 16:46:00 +00002019-06-17T16:46:00ZA new study shows that Americans have unrealistic assumptions about the mortgage process. In fact, buying a home is actually easier than most consumers think.https://www.forbes.com/sites/alyyale/2019/06/14/mortgage-applications-refinances-surge-after-interest-rate-drop/ Mortgage Applications, Refinances Surge After Interest Rate DropThanks to low mortgage rates and slowing home prices, mortgage applications and refinances soared last week.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5d03bfc61d15180081e077efFri, 14 Jun 2019 15:45:00 +00002019-06-14T15:45:00ZThanks to low mortgage rates and slowing home prices, mortgage applications and refinances soared last week.https://www.forbes.com/sites/alyyale/2019/06/07/mortgage-rates-drop-again-homeowners-can-save-hundreds-per-month-by-refinancing/ Mortgage Rates Drop Again -- Homeowners Can Save Hundreds Per Month By RefinancingMortgage rates are continuing their downward spiral. The average rate on a 30-year fixed-rate loan has dropped to just 3.82%—down from 4.54% last June and its lowest point in nearly two years. About 6.8 million homeowners could now qualify for a refinance and save around $270 per monthAly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5cfaa38f1d15180081e061caFri, 7 Jun 2019 17:57:00 +00002019-06-07T17:57:00ZMortgage rates are continuing their downward spiral. The average rate on a 30-year fixed-rate loan has dropped to just 3.82%—down from 4.54% last June and its lowest point in nearly two years. About 6.8 million homeowners could now qualify for a refinance and save around $270 per monthhttps://www.forbes.com/sites/alyyale/2019/06/03/hurricane-season-has-arrived-heres-what-cities-are-most-at-risk/ Hurricane Season Has Arrived: Here Are The Cities Most At RiskHurricane season is officially here, and according to data projections, the Atlantic Coast has the most to worry about.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5cf41354898cfd00097171eaMon, 3 Jun 2019 12:30:00 +00002019-06-03T12:30:00ZHurricane season is officially here, and according to data projections, the Atlantic Coast has the most to worry about.https://www.forbes.com/sites/alyyale/2019/05/21/realtor-group-moves-to-dismiss-class-action-lawsuit-alleging-collusion/ Realtor Group Moves To Dismiss Class Action Lawsuit Alleging CollusionThe National Association of REALTORS has filed a motion to dismiss a class action lawsuit that was filed against the organization in March. The antitrust suit accuses the trade group of colluding to inflate commissions through its Multiple Listing Services and compensation policies.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5ce334483628e700835a4aedTue, 21 May 2019 08:30:00 +00002019-05-21T08:30:00ZThe National Association of REALTORS has filed a motion to dismiss a class action lawsuit that was filed against the organization in March. The antitrust suit accuses the trade group of colluding to inflate commissions through its Multiple Listing Services and compensation policies.https://www.forbes.com/sites/alyyale/2019/05/15/mortgage-originations-drop-to-5-year-low/ Mortgage Originations Drop To 5-Year LowDespite interest rates sinking to 14-month lows earlier this year, overall mortgage originations dipped over the first quarter of the year—and pretty significantly.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5cdb555fb32266008440d836Wed, 15 May 2019 10:00:00 +00002019-05-15T10:00:00ZDespite interest rates sinking to 14-month lows earlier this year, overall mortgage originations dipped over the first quarter of the year—and pretty significantly.https://www.forbes.com/sites/alyyale/2019/05/14/homeownership-falls-further-out-of-reach-for-american-teachers/ Homeownership Falls Further Out Of Reach For American TeachersTeachers are having a hard time becoming homeowners. According to two new studies, average teaching incomes coupled with rising home prices are putting the American Dream out of reach for many of our country’s educators.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5cdafdb70464dd00851ca9c0Tue, 14 May 2019 17:54:00 +00002019-05-14T17:54:00ZTeachers are having a hard time becoming homeowners. According to two new studies, average teaching incomes coupled with rising home prices are putting the American Dream out of reach for many of our country’s educators.https://www.forbes.com/sites/alyyale/2019/05/07/real-estate-wire-fraud-is-real-and-it-almost-happened-to-me/ Real Estate Wire Fraud Is Real -- And It Almost Happened To MeReal estate wire fraud is real. Americans lost nearly $150 million to real estate scams just last year and more than 11,000 buyer sand sellers fell victim. I was almost one of them.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5cd0ad78ad1564008330584eTue, 7 May 2019 14:14:00 +00002019-05-07T14:14:00ZReal estate wire fraud is real. Americans lost nearly $150 million to real estate scams just last year and more than 11,000 buyer sand sellers fell victim. I was almost one of them.https://www.forbes.com/sites/alyyale/2019/05/07/buying-or-selling-a-house-heres-how-to-avoid-fraud-scams/ Buying Or Selling A House? Here's How To Avoid Fraud ScamsWith the FBI reporting nearly $150 million in real estate fraud losses last year, Americans—and the industry pros who serve them—need to step up their game in the cybersecurity department. Here's how to protect yourself and what to do if you fall victim.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5cd0ac64ad15640083305848Tue, 7 May 2019 10:00:00 +00002019-05-07T10:00:00ZWith the FBI reporting nearly $150 million in real estate fraud losses last year, Americans—and the industry pros who serve them—need to step up their game in the cybersecurity department. Here's how to protect yourself and what to do if you fall victim.https://www.forbes.com/sites/alyyale/2019/04/18/with-a-recession-looming-is-now-the-time-to-sell-your-home/ With A Recession Looming, Is Now The Time To Sell Your Home?With the possibility of a recession looming, on-the-fence home sellers may want to take a good, hard look at their properties—at least if they want top-dollar for them.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5cb7cb93e53bd70083e53684Thu, 18 Apr 2019 10:00:00 +00002019-04-18T10:00:00ZWith the possibility of a recession looming, on-the-fence home sellers may want to take a good, hard look at their properties—at least if they want top-dollar for them.https://www.forbes.com/sites/alyyale/2019/04/15/dog-spas-botox-stations-and-instantly-changing-paint-what-luxury-homebuyers-are-looking-for/ Robot Butlers, Botox Stations And Instantly Changing Paint: The Life Of A Luxury HomebuyerMoney can buy some pretty crazy real estate features. According to leading agents, developers and others in the luxury real estate space, today’s high-end homebuyers are requesting some seriously lavish (and out there) amenities. And they aren’t shy about it either.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5cb38969eca4d300873ea778Mon, 15 Apr 2019 10:45:00 +00002019-04-15T10:45:00ZMoney can buy some pretty crazy real estate features. According to leading agents, developers and others in the luxury real estate space, today’s high-end homebuyers are requesting some seriously lavish (and out there) amenities. And they aren’t shy about it either.https://www.forbes.com/sites/alyyale/2019/04/15/data-shows-hudson-yards-customers-are-just-as-rich-as-youd-think/ Hudson Yards Has Become NYC's Newest Landmark, Data ShowsDespite its developer insisting that Hudson Yards isn't a place for the rich, new foot traffic data proves otherwise.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5cb218baeca4d300873ea5b6Mon, 15 Apr 2019 10:30:00 +00002019-04-15T10:30:00ZDespite its developer insisting that Hudson Yards isn't a place for the rich, new foot traffic data proves otherwise.ai-big-datahttps://www.forbes.com/sites/alyyale/2019/04/08/the-best-and-worst-states-for-renters/ The Best And Worst States For RentersApparently, renters either hate their properties or love them. According to new data from Rent.com, 72% of the site’s recent property reviews were either a 1 or 5, indicating renters had either a very positive experience or a very negative one at their most recent apartment.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5cab9af0699e5200881738c2Mon, 8 Apr 2019 19:28:00 +00002019-04-08T19:28:00ZApparently, renters either hate their properties or love them. According to new data from Rent.com, 72% of the site’s recent property reviews were either a 1 or 5, indicating renters had either a very positive experience or a very negative one at their most recent apartment.https://www.forbes.com/sites/alyyale/2019/04/04/zillow-moves-into-mortgage-with-launch-of-new-home-loan-arm/ Zillow Moves Into Mortgage With Launch Of New Home Loan ArmNeed to buy, sell or finance a home? Zillow can now help with all of it. Earlier this week, the company officially launched its Zillow Home Loans arm, solidifying Zillow’s place at virtually every touchpoint in the home buying and selling process.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5ca5f293da7dcd0081322fbcThu, 4 Apr 2019 12:08:00 +00002019-04-04T12:08:00ZNeed to buy, sell or finance a home? Zillow can now help with all of it. Earlier this week, the company officially launched its Zillow Home Loans arm, solidifying Zillow’s place at virtually every touchpoint in the home buying and selling process.https://www.forbes.com/sites/alyyale/2019/04/04/now-is-the-time-to-refinance-low-mortgage-rates-cause-flurry-of-refinance-applications/ 'Now Is The Time To Refinance': Low Mortgage Rates Cause Surge In RefinancingLast week’s massive dip in mortgage rates apparently pushed homeowners into action. According to new data from the Mortgage Bankers Association, refinancing was up 39% last week—hitting its highest point since January 2016.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5ca5634fda7dcd0081322ec3Thu, 4 Apr 2019 10:10:00 +00002019-04-04T10:10:00ZLast week’s massive dip in mortgage rates apparently pushed homeowners into action. According to new data from the Mortgage Bankers Association, refinancing was up 39% last week—hitting its highest point since January 2016.https://www.forbes.com/sites/alyyale/2019/04/01/new-york-budget-passes-with-pied-a-terre-tax-nowhere-in-sight/ New York Budget Passes With Mansion Tax Hike In TowThe New York state budget officially passed this weekend, and while it did include an increased “mansion" tax—a one-time sales tax on homes sold for more than $25 million—the much-buzzed about “pied-a-terre tax” was nowhere to be seen.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5ca21b0e64aaf928818cf6faMon, 1 Apr 2019 14:16:00 +00002019-04-01T14:16:00ZThe New York state budget officially passed this weekend, and while it did include an increased “mansion" tax—a one-time sales tax on homes sold for more than $25 million—the much-buzzed about “pied-a-terre tax” was nowhere to be seen.https://www.forbes.com/sites/alyyale/2019/04/01/mortgage-rate-drop-opens-refi-door-for-nearly-5-million-homeowners/ Mortgage Rate Drop Opens Refi Door For Nearly 5 Million HomeownersAccording to a new analysis, more than 4.9 million homeowners could now see a significant drop in interest rates if they refinanced their mortgage loan today. That’s 1.6 million more than it was just one week ago.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5ca1ef3d64aaf928818cf62dMon, 1 Apr 2019 11:04:00 +00002019-04-01T11:04:00ZAccording to a new analysis, more than 4.9 million homeowners could now see a significant drop in interest rates if they refinanced their mortgage loan today. That’s 1.6 million more than it was just one week ago.https://www.forbes.com/sites/alyyale/2019/03/28/move-over-silicon-valley-theres-a-new-tech-hub-in-town/ Watch Out, Silicon Valley: Why Tech Companies Are Going To Salt Lake City, BostonSilicon Valley is still the nation’s tech capital, but according to new stats, it might not be for long. According to new data, Salt Lake City and Boston are gaining ground.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c9cff0964aaf928818ce9f0Thu, 28 Mar 2019 17:12:00 +00002019-03-28T17:12:00ZSilicon Valley is still the nation’s tech capital, but according to new stats, it might not be for long. According to new data, Salt Lake City and Boston are gaining ground.https://www.forbes.com/sites/alyyale/2019/03/19/lawsuit-alleges-collusion-inflated-commissions-among-realtors/ Lawsuit Alleges Collusion, Inflated Commissions Among RealtorsA recently filed class-action antitrust suit against the National Association of Realtors, among other major real estate players, could spell a serious shake-up for the industry. If the claim’s plaintiffs win out? It may change the face of buying and selling real estate as we know it.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c90432664aaf928818cc42eTue, 19 Mar 2019 10:30:00 +00002019-03-19T10:30:00ZA recently filed class-action antitrust suit against the National Association of Realtors, among other major real estate players, could spell a serious shake-up for the industry. If the claim’s plaintiffs win out? It may change the face of buying and selling real estate as we know it.https://www.forbes.com/sites/alyyale/2019/03/19/homebuyers-can-take-their-time-this-spring-as-home-price-growth-continues-to-stall/ Homebuyers Can 'Take Their Time' This Spring As Home Price Growth Continues To Stall“With more options for buyers, we aren't going to see nearly as many bidding wars or fast sales as we did last spring,” one economist said. “Buyers will be able to take their time looking at all of their options."Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c90448364aaf928818cc430Tue, 19 Mar 2019 10:00:00 +00002019-03-19T10:00:00Z“With more options for buyers, we aren't going to see nearly as many bidding wars or fast sales as we did last spring,” one economist said. “Buyers will be able to take their time looking at all of their options."https://www.forbes.com/sites/alyyale/2019/03/14/work-from-home-americans-super-commuters-are-more-likely-to-own-a-home/ Remote Workers And 'Super' Commuters Are More Likely To Own A HomeThe national homeownership rate sits at 64.8% — its highest level since early 2014. But among Americans who drive 90 minutes or more to work — or those who work from home — rates of homeownership are even higher.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c8aa11764aaf9243c765c1cThu, 14 Mar 2019 18:55:00 +00002019-03-14T18:55:00ZThe national homeownership rate sits at 64.8% — its highest level since early 2014. But among Americans who drive 90 minutes or more to work — or those who work from home — rates of homeownership are even higher.https://www.forbes.com/sites/alyyale/2019/03/07/renting-a-studio-apartment-here-are-10-cities-where-studio-rents-are-decreasing/ Renting A Studio Apartment? Here Are 10 Cities Where Rents Are DecreasingNationally, rents have been rising at a steady clip for some time now. But not all rental properties are experiencing the same rapid increase. In fact, if you’re willing to rent a studio apartment, you might even see rents decrease in the coming months.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c80393e64aaf934e66c3664Thu, 7 Mar 2019 10:00:00 +00002019-03-07T10:00:00ZNationally, rents have been rising at a steady clip for some time now. But not all rental properties are experiencing the same rapid increase. In fact, if you’re willing to rent a studio apartment, you might even see rents decrease in the coming months.https://www.forbes.com/sites/alyyale/2019/03/04/real-estate-technology-has-a-new-home-in-nyc/ Real Estate Technology Has A New Home In New York CityReal estate technology has seen unprecedented innovation—not to mention investment—over the last few years. And now, thanks to a new facility from venture capital fund MetaProp, the industry stands to gain even more ground, especially in the New York market.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c7d3b3c64aaf934e66c2a52Mon, 4 Mar 2019 14:54:00 +00002019-03-04T14:54:00ZReal estate technology has seen unprecedented innovation—not to mention investment—over the last few years. And now, thanks to a new facility from venture capital fund MetaProp, the industry stands to gain even more ground, especially in the New York market.https://www.forbes.com/sites/alyyale/2019/02/22/could-ken-griffins-penthouse-purchase-cost-nyc-real-estate-buyers-millions/ Pied-A-Terre Tax Debate Reignited After Billionaire Ken Griffin's $238 Million Penthouse PurchaseA 2014 bill that aims to impose an additional tax on part-time New York residents—dubbed the “pied-a-terre tax”—has risen from the dead, largely in thanks to the recent record-breaking Central Park penthouse purchase by billionaire Ken Griffin.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c6f435b64aaf967d4a28a7bFri, 22 Feb 2019 11:00:00 +00002019-02-22T11:00:00ZA 2014 bill that aims to impose an additional tax on part-time New York residents—dubbed the “pied-a-terre tax”—has risen from the dead, largely in thanks to the recent record-breaking Central Park penthouse purchase by billionaire Ken Griffin.https://www.forbes.com/sites/alyyale/2019/02/15/hq2-fallout-is-amazons-loss-long-island-citys-win/ HQ2 Fallout: Is Amazon's Loss Long Island City's Win?Amazon might have called off its New York City headquarters project, but it's not all bad news for Long Island City. Some say the community might even be better off.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c660b2a64aaf967d4a271bbFri, 15 Feb 2019 13:00:00 +00002019-02-15T13:00:00ZAmazon might have called off its New York City headquarters project, but it's not all bad news for Long Island City. Some say the community might even be better off.https://www.forbes.com/sites/alyyale/2019/02/14/amazon-backs-out-of-nyc-deal-citing-opposition-from-politicians/ Amazon Backs Out Of HQ2 Deal In New York City, Cites Opposition From PoliticiansLove definitely isn’t in the air today — at least not for supporters of Amazon’s New York City headquarters. The retailer has officially called it quits on its plans to launch an NYC-based HQ2 in nearby Long Island City, citing less-than-supportive city leaders as the primary reason.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c65ad8764aaf967d4a2703aThu, 14 Feb 2019 18:10:00 +00002019-02-14T18:10:00ZLove definitely isn’t in the air today — at least not for supporters of Amazon’s New York City headquarters. The retailer has officially called it quits on its plans to launch an NYC-based HQ2 in nearby Long Island City, citing less-than-supportive city leaders as the primary reason.https://www.forbes.com/sites/alyyale/2019/02/13/leaving-long-island-city-what-losing-amazon-hq2-would-mean-for-nycs-future/ Leaving Long Island City? What Losing Amazon HQ2 Would Mean For NYC's FutureAmazon’s New York City-based HQ2 is getting some pushback — and it appears the megalith retailer is actually reconsidering its decision to put down roots in the Big Apple.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c64369964aaf967d4a26a5aWed, 13 Feb 2019 15:28:00 +00002019-02-13T15:28:00ZAmazon’s New York City-based HQ2 is getting some pushback — and it appears the megalith retailer is actually reconsidering its decision to put down roots in the Big Apple.https://www.forbes.com/sites/alyyale/2019/02/07/mold-rodents-roaches-oh-my-nycs-hot-spots-for-asthma/ Mold, Rodents And Roaches, Oh My: NYC's Hot Spots For AsthmaThough the jury is still out on whether the Asthma-Free Housing Act will have an impact on the rising costs of asthma-related conditions in New York, one thing’s for certain: the fight will start in the Bronx. The borough claims the most mold and pest violations in the city.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c5c9b9564aaf921ff33df4dThu, 7 Feb 2019 21:07:00 +00002019-02-07T21:07:00ZThough the jury is still out on whether the Asthma-Free Housing Act will have an impact on the rising costs of asthma-related conditions in New York, one thing’s for certain: the fight will start in the Bronx. The borough claims the most mold and pest violations in the city.https://www.forbes.com/sites/alyyale/2019/02/01/tides-are-shifting-do-homebuyers-finally-stand-a-chance/ 'Tides Are Shifting': Is A Homebuyer's Market On The Horizon?There’s a lot for homebuyers to be optimistic about as we head into February. Mortgage rates hit their lowest monthly average in nearly a year last month, and 15% of listings saw a price cut in the same period. Do homebuyers finally stand a chance?Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c54d87064aaf93f2fe43848Fri, 1 Feb 2019 23:51:00 +00002019-02-01T23:51:00ZThere’s a lot for homebuyers to be optimistic about as we head into February. Mortgage rates hit their lowest monthly average in nearly a year last month, and 15% of listings saw a price cut in the same period. Do homebuyers finally stand a chance?https://www.forbes.com/sites/alyyale/2019/02/01/natural-disasters-are-costing-homeowners-big-and-the-problems-only-getting-worse/ Natural Disasters Are Costing Homeowners Big -- And The Problem Is Only Getting WorseNatural disasters are costing homeowners billions — and if new data indicates anything, those costs are only going to rise in the coming years.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c5352a164aaf93f2fe431a4Fri, 1 Feb 2019 15:00:00 +00002019-02-01T15:00:00ZNatural disasters are costing homeowners billions — and if new data indicates anything, those costs are only going to rise in the coming years.https://www.forbes.com/sites/alyyale/2019/02/01/recording-studios-piano-shaped-pools-and-more-4-grammy-worthy-homes-for-next-weeks-winners/ Recording Studios, Piano-Shaped Pools And More: 4 Grammy-Worthy HomesIf next week’s Grammy winners need a place to display those newly acquired trophies, the California real estate market has their back. From built-in recording studios with private entries to massive, piano-shaped pools, the state is teeming with luxe properties just made for musicians.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c53154a64aaf93f2fe42fd1Fri, 1 Feb 2019 14:00:00 +00002019-02-01T14:00:00ZIf next week’s Grammy winners need a place to display those newly acquired trophies, the California real estate market has their back. From built-in recording studios with private entries to massive, piano-shaped pools, the state is teeming with luxe properties just made for musicians.https://www.forbes.com/sites/alyyale/2019/01/24/government-shutdown-these-programs-are-helping-federal-workers-stay-afloat-on-their-mortgages/ Government Shutdown: These Programs Are Helping Federal Workers Stay Afloat On Their MortgagesMortgage lenders are making efforts to help federal workers impacted by the now 33-day shutdown. From offering delayed payments and waived late fees to full-scale furloughed-employee refinance programs, the industry’s biggest players are taking action when elected members of Congress won’t.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c492acc64aaf93f2fe410f9Thu, 24 Jan 2019 14:30:00 +00002019-01-24T14:30:00ZMortgage lenders are making efforts to help federal workers impacted by the now 33-day shutdown. From offering delayed payments and waived late fees to full-scale furloughed-employee refinance programs, the industry’s biggest players are taking action when elected members of Congress won’t.https://www.forbes.com/sites/alyyale/2019/01/23/super-bowl-liii-heres-how-much-atlanta-homeowners-can-get-by-renting-their-homes-out/ Super Bowl LIII: Here's How Much Atlanta Homeowners Can Get By Renting Their Homes OutRegardless of whether the Patriots or the Rams take home this year’s Super Bowl title, one thing’s for certain: Atlanta homeowners will come out as the real winners next week. Local homeowners stand to make a whopping $1,300 next weekend if they’re willing to rent out their properties to eager fans.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c48f6de64aaf93f2fe4108eWed, 23 Jan 2019 23:30:00 +00002019-01-23T23:30:00ZRegardless of whether the Patriots or the Rams take home this year’s Super Bowl title, one thing’s for certain: Atlanta homeowners will come out as the real winners next week. Local homeowners stand to make a whopping $1,300 next weekend if they’re willing to rent out their properties to eager fans.https://www.forbes.com/sites/alyyale/2019/01/14/student-loans-keeping-you-from-buying-a-home-think-again/ Student Loans Keeping You From Buying A Home? Think AgainStudent loan debt has long been cited as one of the Millennial generation’s biggest barriers to homeownership. But it seems the hurdle might not be as insurmountable as many think.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c3ce76e64aaf93f10ef1eefMon, 14 Jan 2019 19:57:00 +00002019-01-14T19:57:00ZStudent loan debt has long been cited as one of the Millennial generation’s biggest barriers to homeownership. But it seems the hurdle might not be as insurmountable as many think.https://www.forbes.com/sites/alyyale/2019/01/10/more-than-1-million-americans-will-be-priced-out-of-the-housing-market-this-year/ More Than 1 Million Americans Will Be Priced Out Of The Housing Market This YearIf home prices and mortgage rates continue their upward trends, more than 1 million American households could get priced out of the housing market.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c37640364aaf93f10ef1251Thu, 10 Jan 2019 15:34:00 +00002019-01-10T15:34:00ZIf home prices and mortgage rates continue their upward trends, more than 1 million American households could get priced out of the housing market.https://www.forbes.com/sites/alyyale/2019/01/10/renting-is-more-affordable-than-buying-in-most-major-housing-markets/ Renting Is More Affordable Than Buying In Most Major Housing MarketsDespite national rents clocking in at well over $1,400 in most of America’s largest housing markets, renting is still more affordable than buying.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c36551364aaf93f10ef0f49Thu, 10 Jan 2019 15:00:00 +00002019-01-10T15:00:00ZDespite national rents clocking in at well over $1,400 in most of America’s largest housing markets, renting is still more affordable than buying.https://www.forbes.com/sites/alyyale/2019/01/09/foreclosures-underwater-mortgages-fall-to-lowest-rate-in-years/ Foreclosures And Underwater Mortgages Fall To Lowest Rate In YearsGetting a mortgage might be more expensive these days, but for those who already have one? It seems staying current on those loans is now easier than ever. According to new data, October saw the country’s lowest overall mortgage delinquency rate since 2001.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c36084f64aaf93f10ef0db9Wed, 9 Jan 2019 14:54:00 +00002019-01-09T14:54:00ZGetting a mortgage might be more expensive these days, but for those who already have one? It seems staying current on those loans is now easier than ever. According to new data, October saw the country’s lowest overall mortgage delinquency rate since 2001.https://www.forbes.com/sites/alyyale/2019/01/01/hud-housing-realities-female-led-and-feeling-the-burn/ HUD Housing Realities: Female-led And Feeling The Financial BurnRising rents and increasing mortgage rates are squeezing housing affordability for everyone. But for residents of HUD-subsidized housing? Housing has never been more expensive.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c2ba05064aaf93f10eef38bTue, 1 Jan 2019 17:27:00 +00002019-01-01T17:27:00ZRising rents and increasing mortgage rates are squeezing housing affordability for everyone. But for residents of HUD-subsidized housing? Housing has never been more expensive.https://www.forbes.com/sites/alyyale/2018/12/17/architect-malcolm-wells-underground-cape-cod-home-hits-the-market/ Architect Malcolm Wells' Underground Cape Cod Home Hits The MarketThe former Cape Cod home of famed architect Malcolm Wells has hit the market — and it’s a rare one. The “earth-sheltered” home, built by Wells in 1979, is nestled right in the surrounding terrain. Rolling hills and moss-covered earth reach up to the roof, which at one point was underground as well.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c17e83464aaf93f10eec870Mon, 17 Dec 2018 18:37:00 +00002018-12-17T18:37:00ZThe former Cape Cod home of famed architect Malcolm Wells has hit the market — and it’s a rare one. The “earth-sheltered” home, built by Wells in 1979, is nestled right in the surrounding terrain. Rolling hills and moss-covered earth reach up to the roof, which at one point was underground as well.https://www.forbes.com/sites/alyyale/2018/12/17/luxury-home-security-is-crazier-than-you-think/ Batcaves, Bulletproof Shutters, Laser Curtains: High-End Home Security Is Crazier Than You ThinkToday’s luxury home security systems address everything from chemical attacks and seismic events to unwanted intruders and flash photography.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c17bd7564aaf93f10eec747Mon, 17 Dec 2018 15:32:00 +00002018-12-17T15:32:00ZToday’s luxury home security systems address everything from chemical attacks and seismic events to unwanted intruders and flash photography.https://www.forbes.com/sites/alyyale/2018/12/10/selling-a-house-in-a-buyers-market-heres-how-to-stay-competitive/ Selling A House In A Buyer's Market? Here's How To Stay CompetitiveThough experts didn’t expect a buyer’s market for another year or two, it seems some parts of the country are already in one. What does that mean for sellers? According to experts, it just requires a little "outside the box" thinking.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c0e937164aaf961d7574619Mon, 10 Dec 2018 16:35:00 +00002018-12-10T16:35:00ZThough experts didn’t expect a buyer’s market for another year or two, it seems some parts of the country are already in one. What does that mean for sellers? According to experts, it just requires a little "outside the box" thinking.https://www.forbes.com/sites/alyyale/2018/12/06/legalizing-marijuana-could-give-michigan-home-values-a-boost/ Legalizing Marijuana Could Give Michigan Home Values A BoostMichigan recently became the 10th state (and first Midwestern one) to legalize recreational marijuana, and if a recent study holds true, the move could hold the key to improving home values in the state. Michigan currently has the 11th-lowest median home value in the country,.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c098c8464aaf961d7573c78Thu, 6 Dec 2018 21:01:00 +00002018-12-06T21:01:00ZMichigan recently became the 10th state (and first Midwestern one) to legalize recreational marijuana, and if a recent study holds true, the move could hold the key to improving home values in the state. Michigan currently has the 11th-lowest median home value in the country,.https://www.forbes.com/sites/alyyale/2018/12/06/2019-real-estate-forecast-what-home-buyers-sellers-and-investors-can-expect/ 2019 Real Estate Forecast: What Home Buyers, Sellers And Investors Can ExpectThe year started with sky-high home prices, historically low mortgage rates and a definitive upper hand for sellers. In recent months, though, things have started to shift from seller to buyer. Will these trends continue? Here's what experts predict for the 2019 housing market.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c0953d464aaf961d7573b7cThu, 6 Dec 2018 17:08:00 +00002018-12-06T17:08:00ZThe year started with sky-high home prices, historically low mortgage rates and a definitive upper hand for sellers. In recent months, though, things have started to shift from seller to buyer. Will these trends continue? Here's what experts predict for the 2019 housing market.https://www.forbes.com/sites/alyyale/2018/12/04/hq2-losers-will-see-home-prices-jump-in-2019-experts-say/ Most Of The Cities That Will See Big Home Price Jumps In 2019 Were Amazon HQ2 FinalistsDespite not winning Amazon’s new headquarters or the 50,000 new jobs that come with it, many HQ2 rejects will still see quite the Amazon effect — at least when it comes to housing. According to a new survey, experts predict serious home price gains in many of Amazon’s finalist cities next year.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c06d29a64aaf961d75733fcTue, 4 Dec 2018 19:36:00 +00002018-12-04T19:36:00ZDespite not winning Amazon’s new headquarters or the 50,000 new jobs that come with it, many HQ2 rejects will still see quite the Amazon effect — at least when it comes to housing. According to a new survey, experts predict serious home price gains in many of Amazon’s finalist cities next year.https://www.forbes.com/sites/alyyale/2018/12/03/12-cities-where-renters-have-more-bargaining-power-this-winter/ 12 Cities Where Renters Have More Bargaining Power This WinterRenters looking to save on their monthly costs might want to consider a move — and fast. According to a new analysis, apartment bargaining power goes up in the winter, especially in colder markets.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c01881864aaf961d757279aMon, 3 Dec 2018 10:00:00 +00002018-12-03T10:00:00ZRenters looking to save on their monthly costs might want to consider a move — and fast. According to a new analysis, apartment bargaining power goes up in the winter, especially in colder markets.https://www.forbes.com/sites/alyyale/2018/12/01/stings-son-lists-historic-venice-home-for-2-9-million/ Sting's Son Lists Historic Venice Home For $2.9 MillionJoe Sumner, son of rock legend and The Police frontman Sting, has listed his 5,279 square-foot Venice, California, compound for a cool $2.9 million.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5c01f59a64aaf961d7572992Sat, 1 Dec 2018 10:00:00 +00002018-12-01T10:00:00ZJoe Sumner, son of rock legend and The Police frontman Sting, has listed his 5,279 square-foot Venice, California, compound for a cool $2.9 million.https://www.forbes.com/sites/alyyale/2018/11/12/phantom-renters-and-scammers-equal-serious-losses-for-landlords/ Phantom Renters And Scammers Equal Serious Losses For LandlordsRenters aren’t the only ones losing money to fraud and scam artists. According to new data, a whopping 80% of property managers have fallen victim to fraud in the last two years.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5be9d67b64aaf961d756e420Mon, 12 Nov 2018 19:46:00 +00002018-11-12T19:46:00ZRenters aren’t the only ones losing money to fraud and scam artists. According to new data, a whopping 80% of property managers have fallen victim to fraud in the last two years.https://www.forbes.com/sites/alyyale/2018/11/09/splitting-hq2-where-amazon-might-build-or-lease-in-both-cities/ Splitting HQ2: Where Amazon Might Build (Or Lease) In Both CitiesAmazon is rumored to have chosen Long Island City, Queens, and Crystal City, Virginia, for its upcoming HQ2 facilities. But what buildings will it lease and where exactly will it build? Experts have a few ideas.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5be4ced064aaf961d756da29Fri, 9 Nov 2018 12:00:00 +00002018-11-09T12:00:00ZAmazon is rumored to have chosen Long Island City, Queens, and Crystal City, Virginia, for its upcoming HQ2 facilities. But what buildings will it lease and where exactly will it build? Experts have a few ideas.https://www.forbes.com/sites/alyyale/2018/11/08/amazon-hq-in-long-island-city-rents-and-home-prices/ Amazon HQ2 In Long Island City: Will Rents And Home Prices Mirror Seattle's Growth?Amazon is rumored to be putting at least part of its HQ2 facility in Long Island City. If the new headquarters does land in New York City, will home prices, rents and property values follow in Seattle's footsteps?Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5be3824f64aaf957ecafe5efThu, 8 Nov 2018 12:00:00 +00002018-11-08T12:00:00ZAmazon is rumored to be putting at least part of its HQ2 facility in Long Island City. If the new headquarters does land in New York City, will home prices, rents and property values follow in Seattle's footsteps?https://www.forbes.com/sites/alyyale/2018/11/07/hq2-in-long-island-city-these-neighborhoods-will-see-the-most-growth/ HQ2 In Long Island City? These Neighborhoods Will See The Most GrowthLong Island City, along with the Arlington, Virginia suburb of Crystal City, will reportedly split HQ2 duties, gaining 25,000 jobs in the process. Where would all those new residents land exactly? For Long Island City employees, experts say it’s all about transit.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5be2635d64aaf957ecafe1ecWed, 7 Nov 2018 12:00:00 +00002018-11-07T12:00:00ZLong Island City, along with the Arlington, Virginia suburb of Crystal City, will reportedly split HQ2 duties, gaining 25,000 jobs in the process. Where would all those new residents land exactly? For Long Island City employees, experts say it’s all about transit.https://www.forbes.com/sites/alyyale/2018/11/02/meet-americas-most-expensive-airbnbs/ Where You'll Find America's Most Expensive AirbnbsThe nation’s most luxe Airbnbs aren’t in the expensive urban metros you’d expect. In fact, according to a new analysis, the country’s single most expensive short-term rental is in the heart of Midwest: in a quaint small town just outside of St. Louis, Missouri.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bdb91d464aaf957ecafd217Fri, 2 Nov 2018 12:00:00 +00002018-11-02T12:00:00ZThe nation’s most luxe Airbnbs aren’t in the expensive urban metros you’d expect. In fact, according to a new analysis, the country’s single most expensive short-term rental is in the heart of Midwest: in a quaint small town just outside of St. Louis, Missouri.https://www.forbes.com/sites/alyyale/2018/11/01/new-credit-score-system-might-make-it-easier-to-get-a-mortgage/ New Credit Score System Might Make It Easier to Get A MortgageFor millions of Americans, it might soon be easier to get a mortgage loan — or any type of loan, for that matter — especially if they fall in the 500 to 600 FICO score range or have little to no credit history at all.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bdb49d464aaf957ecafd108Thu, 1 Nov 2018 18:59:00 +00002018-11-01T18:59:00ZFor millions of Americans, it might soon be easier to get a mortgage loan — or any type of loan, for that matter — especially if they fall in the 500 to 600 FICO score range or have little to no credit history at all.https://www.forbes.com/sites/alyyale/2018/11/01/analysis-renters-could-swing-the-midterm-elections/ Midterm Elections 2018: How Renters Could Swing The VoteRenters are notoriously less likely to vote than homeowners — but if they did head out to the polls next week? A new analysis shows it could have drastic impacts on the outcome.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bd9eef664aaf957ecafcb8aThu, 1 Nov 2018 09:00:00 +00002018-11-01T09:00:00ZRenters are notoriously less likely to vote than homeowners — but if they did head out to the polls next week? A new analysis shows it could have drastic impacts on the outcome.https://www.forbes.com/sites/alyyale/2018/10/17/multi-family-developers-are-leveraging-the-short-term-rental-fad-heres-how/ 10 Years After Airbnb, Real Estate Developers See The Money In Home-sharingIt's not just your neighbors getting in on the short-term rental game anymore. Apartment communities and multi-family developers across the country are finding ways to leverage the trend in new and lucrative ways.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bc775b664aaf93e2ca410fcWed, 17 Oct 2018 18:33:00 +00002018-10-17T18:33:00ZIt's not just your neighbors getting in on the short-term rental game anymore. Apartment communities and multi-family developers across the country are finding ways to leverage the trend in new and lucrative ways.https://www.forbes.com/sites/alyyale/2018/10/12/sellers-are-slashing-home-prices-but-rising-rates-might-dull-the-impact/ Sellers Are Slashing Home Prices, But Rising Mortgage Rates Might Dull The ImpactFor the first time in what seems like a while, would-be home buyers have something to celebrate: Home price reductions have hit their highest level since 2014.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bbff88b64aaf93e2ca3fd9eFri, 12 Oct 2018 09:00:00 +00002018-10-12T09:00:00ZFor the first time in what seems like a while, would-be home buyers have something to celebrate: Home price reductions have hit their highest level since 2014.https://www.forbes.com/sites/alyyale/2018/10/11/amazon-hq2-how-much-home-prices-will-jump-in-all-20-finalist-cities/ Amazon HQ2: How Much Home Prices Would Jump In All 20 Finalist CitiesWhichever city is chosen for HQ2 will experience huge changes, from both an economic standpoint and a logistical one. But according to new data, the impact on local home prices will vary — from a mere blip on the radar in major cities to an affordability-shattering 33.8% jump in smaller ones.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bbf9d8064aaf93e2ca3fc6aThu, 11 Oct 2018 19:22:00 +00002018-10-11T19:22:00ZWhichever city is chosen for HQ2 will experience huge changes, from both an economic standpoint and a logistical one. But according to new data, the impact on local home prices will vary — from a mere blip on the radar in major cities to an affordability-shattering 33.8% jump in smaller ones.https://www.forbes.com/sites/alyyale/2018/10/10/where-hurricane-michael-evacuees-can-ride-out-the-storm-for-cheap-or-free/ Where Hurricane Michael Evacuees Can Ride Out The Storm -- For Cheap (Or Free)With extended rain and flooding expected along most of the Florida coast, there’s no telling how long Hurricane Michael evacuees will be gone. A few hotel chains, along with Airbnb, have stepped in to help. Here’s where evacuees can head for free or reduced-rate lodging to ride out the storm:Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bbe17a664aaf93e2ca3f713Wed, 10 Oct 2018 15:22:00 +00002018-10-10T15:22:00ZWith extended rain and flooding expected along most of the Florida coast, there’s no telling how long Hurricane Michael evacuees will be gone. A few hotel chains, along with Airbnb, have stepped in to help. Here’s where evacuees can head for free or reduced-rate lodging to ride out the storm:https://www.forbes.com/sites/alyyale/2018/10/09/hurricane-michael-heres-where-real-estate-is-most-at-risk/ Hurricane Michael: Here's Where Real Estate Is Most At RiskAs Hurricane Michael barrels toward the Florida Panhandle at Category 2 status, an estimated 57,000 homes are at risk — with most in the Crestview, Fort Walton Beach, Destin and Panama City areas.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bbcad5c64aaf93e2ca3f285Tue, 9 Oct 2018 13:35:00 +00002018-10-09T13:35:00ZAs Hurricane Michael barrels toward the Florida Panhandle at Category 2 status, an estimated 57,000 homes are at risk — with most in the Crestview, Fort Walton Beach, Destin and Panama City areas.https://www.forbes.com/sites/alyyale/2018/10/04/housing-affordability-hits-lowest-point-in-10-years-heres-where-buying-a-home-is-most-out-of-reach/ Housing Affordability Hits Lowest Point In 10 Years; Here's Where Buying A Home Is Most Out Of ReachHousing affordability has hit its lowest point in a decade. Here are the counties where buying a home is most out of reach for the average resident.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bb62efc64aaf93e2ca3e52dThu, 4 Oct 2018 16:30:00 +00002018-10-04T16:30:00ZHousing affordability has hit its lowest point in a decade. Here are the counties where buying a home is most out of reach for the average resident.https://www.forbes.com/sites/alyyale/2018/10/03/want-a-big-house-this-is-the-state-to-move-to/ Want A Big House? This Is The State To Move ToThe Lone Star State claims some of the nation's biggest homes — and some of the most affordable.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bb3ed4264aaf93e2ca3def0Wed, 3 Oct 2018 09:00:00 +00002018-10-03T09:00:00ZThe Lone Star State claims some of the nation's biggest homes — and some of the most affordable.https://www.forbes.com/sites/alyyale/2018/09/27/home-equity-is-skyrocketing-heres-why-people-arent-tapping-it/ Home Equity Is Skyrocketing; Here's Why People Aren't Tapping ItHome equity is at record highs, but home equity lending isn't rising in step. What's causing this disinterest and what alternatives are out there for today's homeowners to cash in on their properties? Read on to find out.Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5bacff1c64aaf93e2ca3cad1Thu, 27 Sep 2018 16:35:00 +00002018-09-27T16:35:00ZHome equity is at record highs, but home equity lending isn't rising in step. What's causing this disinterest and what alternatives are out there for today's homeowners to cash in on their properties? Read on to find out.https://www.forbes.com/sites/alyyale/2018/09/17/renters-paying-more-for-less-as-older-apartments-take-over-the-market/ Renters 'Paying More For Less' As Older Apartments Take Over The MarketOlder apartments are taking over the rental market. And what's worse? Rents on these units are higher than ever. What does it mean for the future of housing affordability in America's biggest metros?Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5b9dc29b64aaf93e2ca3a177Mon, 17 Sep 2018 08:30:00 +00002018-09-17T08:30:00ZOlder apartments are taking over the rental market. And what's worse? Rents on these units are higher than ever. What does it mean for the future of housing affordability in America's biggest metros?https://www.forbes.com/sites/alyyale/2018/09/14/renters-sleep-more-and-clean-less-than-homeowners-study-says/ Own A Home? Renters Get More Sleep Than YouA new study shows that renters sleep more, clean less and have more time for socializing than their homeowning counterparts. Are there any perks to owning your own place?Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5b9ae43e64aaf93e2ca39c58Fri, 14 Sep 2018 09:30:00 +00002018-09-14T09:30:00ZA new study shows that renters sleep more, clean less and have more time for socializing than their homeowning counterparts. Are there any perks to owning your own place?https://www.forbes.com/sites/alyyale/2018/09/13/3-proptech-investors-talk-trends-game-changers-the-future-of-real-estate/ 3 PropTech Investors Talk Trends, Game-Changers And The Future Of Real EstateReal estate technology—or proptech, as it’s often called—is one of the fastest-growing investment sectors in the world. But what does all this investment mean for the future of real estate as we know it?Aly J. Yale, ContributorAly J. Yale, Contributorhttps://www.forbes.com/sites/alyyale/5b999f8f64aaf93e2ca3988eThu, 13 Sep 2018 08:30:00 +00002018-09-13T08:30:00ZReal estate technology—or proptech, as it’s often called—is one of the fastest-growing investment sectors in the world. But what does all this investment mean for the future of real estate as we know it?