Real Estate News

July 26, 2021

Homes Closer To Cities See Slower Price Growth

There's a reason living near a major metropolis has traditionally been more expensive than living further away. Put simply, it's where the jobs are. And, if you work in the city, you likely aren't going to want to live so far away that you have a two-hour commute there and …

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July 23, 2021

Improved Supply Pushes Home Sales Higher In June

Sales of previously owned homes increased 1.4 percent in June, according to new numbers from the National Association of Realtors. The month-over-month improvement pushed home sales 22.9 percent higher than they were last year at the same time. Lawrence Yun, NAR's chief economist, says the number of available listings has …

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July 20, 2021

All Cash Offers Are At A Seven-Year High

Many surveys have shown an all-cash offer is the surest way to win a bidding war. The problem, of course, is most buyers – and especially first-time and entry-level buyers – don't have the savings necessary to make an all-cash offer. Despite this, they're becoming more common in today's market. …

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July 16, 2021

Do Paint Colors Matter When Selling A Home?

Among home-improvement projects, painting is a lot easier than having to remodel a kitchen or redo an entire bathroom. That's why it's smart for home buyers to look beyond the color of a home's walls when deciding whether or not the house is a good fit for their needs. After …

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July 14, 2021

Is Competition For Homes Beginning To Wane?

Because the pandemic interrupted last year's spring sales season, this year's was hotly anticipated. It didn't disappoint. Buyers returned to the market in droves. But while home buyers were out in force, home sellers didn't return quite as quickly. The result was a market flooded with shoppers but low on …

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July 12, 2021

Car Dependent Areas See Bigger Price Spikes

Walkable neighborhoods with easy access to public transit have traditionally been attractive to home buyers. After all, who doesn't like the convenience of having the things you need close by? But while convenience is appealing, it's not the only thing home buyers weigh when deciding where to look for a …

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July 9, 2021

More Americans Say It's A Good Time To Sell

With fewer homes available for sale and prices on the rise, it's a great time to sell a house. And, according to Fannie Mae's most recent Home Purchase Sentiment Index, more Americans are noticing. In fact, their survey – which tracks Americans' perceptions of the housing market, buying and selling …

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July 7, 2021

Typical Home Sells Faster Than Last Year

In this market, homes for sale don't last very long. Good homes are listed and purchased in a matter of days. In fact, according to new numbers from the National Association of Realtors' consumer website, properties in June sold 35 days faster than last year and 21 days faster than …

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July 6, 2021

Is Buying A Home Still Affordable?

Homeownership is a major financial commitment. Not only does it mean a monthly mortgage payment but it also comes with other expenses like property tax and homeowners insurance that add to the cost. So with home-price increases in the news, it's natural to wonder whether buying a home is still …

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June 28, 2021

Generation Z Says They're Almost Ready To Buy

For generations, young Americans have included homeownership among their goals for the future. Its appeal has endured over the decades and through numerous bubbles, crashes, and recessions. Now, according to a new survey from the National Association of Realtors' consumer website, there's another generation of young Americans making plans to …

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