Real Estate News

March 25, 2020

What Might Be Ahead For Home Prices?

Home prices have been rising for several years now. A combination of increasing buyer demand and a lower-than-normal number of homes for sale led to more competition among home shoppers and put upward pressure on prices. That's why most of the discussion about where the housing market was headed this …

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March 23, 2020

February Home Sales Highest Since 2007

Sales of previously owned homes spiked in February, rising 6.5 percent over month-before numbers, according to new data released by the National Association of Realtors. The improvement made for the strongest month since 2007. “February's sales of over 5 million homes were the strongest since February 2007,” Lawrence Yun, NAR's …

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March 17, 2020

How To Choose The Right Renovation Project

There's usually a long checklist of items to go through before selling a house. After all, you want to maximize your profit and make sure your home is attractive to buyers. That's why, in addition to cleaning up clutter, planting some flowers, and touching up chipped paint, you may be …

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March 9, 2020

Freddie Mac Says Market Is Short Millions Of Homes

You don't have to be an economist to understand supply and demand. When there are more buyers than there are sellers, prices rise. This is true for any market, including the housing market. When there are too few home buyers, homeowners have to price their homes low enough to attract …

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March 9, 2020

Young and Old Share Common Buying Preferences

A lot of what you look for in a home has to do with the particulars of your day-to-day life. For example, a home buyer who has young children would be more likely to prioritize living in a good school district than a buyer who doesn't have kids. That makes …

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March 6, 2020

Farmhouse Style Popular With Home Buyers

Home design trends come and go. But whether today's fad is mid-century inspired or favors a more contemporary look, home buyers can't help but be swayed by the latest décor trends. After all, no one wants their house to look dated or like it hasn't been touched since 1982. So …

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March 2, 2020

When Is The Best Time To Sell Your Home?

Spring is traditionally thought of as the start of home buying season. Harsh winter weather begins to fade and interested buyers become more active. Because of this, homeowners who hope to sell often wait for spring to list their home. But what is the best time to put your home …

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Feb. 25, 2020

New Home Building Boom Is Good For Buyers

With the number of available homes for sale lower than normal in many markets, there's been an understandable focus on how many new homes are being built. After all, the quickest way to fix a supply issue is to add more supply. That's why new numbers from the U.S. Census …

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Feb. 24, 2020

January Home Sales Up Nearly 10% Over Last Year

New numbers from the National Association of Realtors show sales of previously owned homes up nearly 10 percent over last year at the same time. The January report also shows inventory, home prices, and time on market up during the month. Lawrence Yun, NAR's chief economist, says the outlook is …

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Feb. 19, 2020

Builder Confidence Sees Best Stretch In Years

The National Association of Home Builders conducts a monthly survey to measure how confident builders are in the market for newly built, single-family homes. After all, if builders – whose livelihood depends on selling new homes – are optimistic about the market, chances are good that conditions are favorable for …

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