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There are many reasons you might be a homeowner wondering if you’d be better off renting out your home.

Perhaps you’ve tried to sell your home but the market’s too sluggish and you’re tired of paying the mortgage. Or maybe you’re moving to a new area but want to hold on to your old real estate property and rake in some income on the side. Or you might think it’s a savvy idea to hold rental property in a rising market as a real estate investor.

Whatever the reason, it’s a good time for you as a homeowner to consider becoming a landlord.

The real estate rental market is hot: A 2022 study from the Joint Center for Housing Studies of Harvard University found that the rental market roared back in the second year of the pandemic. The number of rental households across the country soared to 44 million. Depending on your real estate market, the desirability of your house, and your monthly mortgage and other expenses, you may be able to at least cover your mortgage, if not make a small profit.

The struggling iBuyer confirms the company has laid off an unspecified number of employees, with more details coming on the Feb. 22 fourth-quarter earnings call.

U.K.-based Purplebricks remains one of the best examples in the world of a real estate disruptor going from zero to one, according to Mike DelPrete. Here's what we can learn from its journey.

HGTV

Property brothers Jonathan and Drew Scott know that guest suites are more valuable than garages—particularly in places like California where cars can park in a driveway without enduring much inclement weather. So it’s no surprise, then, that a garage conversion is the next renovation challenge on the latest “Brother vs. Brother.”

In the episode “Garages to Guest Suites,” they’re both starting with detached garages roughly 400 square feet in size, and they’re converting them into accessory dwelling units perfect for housing visitors or making short-term rental income on Airbnb.

The judges for this challenge are the indomitable Trixie Mattel, of “Trixie Motel” fame, and Breegan Jane, one of California’s top interior designers and the woman behind “HGTV Dream Home.”

Both brothers work hard to impress the judges and come up with a bunch of fun features—including one we’ll bet you’ve never seen before. Read on to get a gander, as well as plenty of tips you might be inspired to try around your own abode.

The motivation for Shemesh's termination was not immediately known and came just over one year after Shemesh and his four-person team moved to SERHANT. from Douglas Elliman.

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It’s a New York City home that has seen many early wake-up calls and live shots.

The Tribeca home that “Today” co-host Savannah Guthrie shares with her husband, Michael Feldman, is listed for $7.1 million.

The home last changed hands in 2017 for $7,114,393, according to Realtor.com®.

Built in 2016, the turnkey, four-bedroom condo takes up an entire floor of its Lower Manhattan building, with 3,735 square feet of living space and 10-foot ceilings.

This week, Byron Lazine and Nicole White are talking about year-end home sales numbers, Jason Oppenheim's commission lawsuit comments, and the weekly media review Left, Middle, Right.

In a Medium post published on Thursday, Gorman promised to lead by example with a shift into affordable housing projects while revealing new details about his departure from Coldwell.

Find out how Dallas Realtors Megan and Damon Williamson are combining their individual talents to grow The Agency's brokerage presence in Dallas, Texas.

In a Worker Adjustment and Retraining Notification, the company outlined its plans to reduce its workforce size. The company began executing the plan Tuesday in Springfield, Illinois.

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Buying a home of your very own is a dream. For most people to make that dream a reality, they’ll have to get approved for a home loan. To up your chances of being approved—at a favorable rate—it’s always smart to pay down debts or pay off existing loans to the best of your ability. But one common thing that can mess with your homebuying plans is having a car lease.

“Whether you choose to lease or finance a car, you’ll increase your total monthly expenses. However, mortgage lenders view leasing and financing a car differently,” says Ashley Moore, community lending manager at Chase Home Lending.

If you have your eyes on a new house—and also a nice ride—you should understand exactly how carrying a lease will affect your buying power. Here’s what you need to know.

What do lenders generally look at?

Lenders calculate your debt-to-income ratio, or DTI, which is a person’s monthly debt payments divided by gross monthly income. Lenders look at your DTI to measure your ability to handle monthly payments to repay money you will borrow.

This week’s properties are a six-bedroom house in Frenchtown, N.J., and a three-bedroom house in Locust Valley, N.Y.

This week’s properties are on the Upper West Side, in the Flatiron district and in Astoria.

A look at where the ownership gap is greatest and smallest across the U.S.

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It’s finally quitting time for Tom Brady.

The famous quarterback just announced his retirement from the game that made him a household name. You may recall, he also said he was leaving pro football in 2022. But this time—he promises—it’s “for good.”

Either way, Brady’s dazzling Tampa, FL, home, in the posh Davis Island section of the city, is up for rent. The six-bedroom, seven-bath, 6,500-square-foot abode is available for $60,000 a month—truly a listing for those with very deep pockets.

Here’s a look inside.

Photo-Illustration by Realtor.com; Photos: Getty Images (2)

After suffering all-time lows during the COVID-19 pandemic, the supply of homes for sale has rebounded with a bang.

January marked a whopping 65% more real estate listings than this same month a year earlier, according to a recent inventory report from Realtor.com®.

And while home prices are still up year over year, they’ve declined from the pandemi4
GHJ43;;;;;;;;;;;;;;;;;;;;;;GHF///.HHH??????????????????????????????c peak. January’s median home list price clocked in at $400,000—holding steady since December but much lower than June’s record high of $449,000.

In addition to this deluge of homes for sale at more reasonable prices, mortgage rates are also down from their 20-year high, which broke 7% in November. For the week ending Jan. 26, Freddie Mac found that rates for a 30-year fixed-rate loan averaged a mere 6.13%.

A new year and yet another agent is missing. How can agents keep the conversation about safety practices for women as an ongoing conversation? Trainer Rachael Hite says women need to make safety a part of their daily routine for themselves and the ones they care about.

Aiming to be her ‘own advocate’ and save on commission fees, a schoolteacher dove into the real estate game and emerged with her first single-family home. Here’s how she did it.

The biggest takeaway from ICNY for trainer and author Bernice Ross? Regardless of what the market does or whatever the latest whiz-bang technology is, the basics are still the name of the game when it comes to real estate. 

All across the country, real estate agents are posting positive signs of change from the trenches and revealing they're suddenly dealing with packed open houses and intensifying bidding wars.