A pedestrian uses an umbrella to get some relief from the sun as she walks past a sign displaying the temperature on June 20, 2017 in Phoenix, Arizona. Ralph Freso | Getty Images Summer’s here, and it’s a hot one.  Forecasts from the Farmers’ Almanac, the National Oceanic and Atmospheric Administration and The Weather Company — the IBM-owned forecasting and tech firm — all say the same thing: This summer is going to be hotter than average. At...

People wait to visit a house for sale in Garden City, Nassau County, New York. Xinhua News Agency | Getty Images After rising steadily for three weeks, mortgage rates dipped slightly last week, prompting a small increase in refinance activity. Activity from homebuyers, however, pulled back further, leaving total mortgage demand basically flat from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate...

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To my surprise, after sales of newly constructed single-family homes tanked in April, sales increased in May. However, inventory continued climbing and reached its highest levels since May 2008. In today’s video, I share all the details of this new report from the US Census Bureau. ➜➜➜ Get Connected To a GREAT Real Estate Agent: Jason To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is around 6% for the current...

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This Cold War-era residence is apocalypse-ready.  A subterranean bunker that once housed massive intercontinental ballistic missiles (ICBMs) and was built to sustain a nuclear disaster has hit the housing market. The transformed subterranean residence near York, Nebraska, promises protection in case of atomic disaster — and for a fraction of the relative price it would have commanded in the days after it was built. The house at 1200 Silo Lane is currently listed with husband...

People walk into a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Home price increases slowed ever so slightly in April, but it is the first potential sign of a cooling in prices. Prices rose 20.4% nationally in April compared with the same month a year ago, according to the S&P CoreLogic Case-Shiller Index. In March, home prices grew 20.6%. The last slight deceleration was in November of last year. The 10-city composite...