WASHINGTON (February 22, 2017) — Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors®. All … Continue reading
Existing-Home Sales Jump in January
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Must vs. Lust: What Do You Really Need in Your New Home?
The super-simple (and fun) way to separate needs from nice-to-haves. This article was contributed by Mandi Gubler, a DIYer and home decor blogger, who writes “Vintage Revivals” and believes “your house should look like you and no one else.” When … Continue reading
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What Do Real Estate Pros Look for When It’s Their Turn to Buy?
What you really need to know about buying — from the people who house hunt for a living. Take the long view when you’re buying, says Chicago agent Pekarsky. He plans to start a family in a few years, so … Continue reading
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Are You a Cheap vs. Frugal Homeowner? How to Tell the Difference
Sometimes trying to save will actually cost you more. Here’s when that happens. You’ve got all the loyalty apps (free burrito after you buy 10!), you shopped around for the lowest rate on your mortgage, and you never go to … Continue reading
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Pending Home Sales Leap 5.5% in February
WASHINGTON (March 29, 2017) — Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National Association of Realtors®. All major regions saw a notable … Continue reading
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Watch for These Open House Red Flags
Daily Real Estate News | Wednesday, April 12, 2017 How fast can you pick out signs of deferred maintenance in a listing? Realtor.com® recently spotlighted several red flags to watch for at an open house. Intense scents. The stronger the … Continue reading
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Home Sales Zoom to Highest Pace in Decade
Daily Real Estate News | Friday, April 21, 2017 This spring’s housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the highest pace in more than a … Continue reading
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Home Prices Grow Twice as Fast as Incomes
Daily Real Estate News | Monday, May 01, 2017 Strong buyer demand this spring is pushing home prices up at double the rate of increase in income growth, The Wall Street Journal reports. The median price of an existing home … Continue reading
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Buyers Grow More Confident About Housing
Daily Real Estate News | Tuesday, May 09, 2017 You may need to do less convincing to get home shoppers to make their move in the housing market. Fannie Mae’s Home Purchase Sentiment Index rose 2.2 percentage points in April, … Continue reading
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How to Choose a Neighborhood
9 key questions to answer when you’re location shopping. Location is everything when you’re searching for a home. Finding your dream neighborhood may seem like the easiest part, but once you factor in budget, non-negotiable home features, and proximity to … Continue reading
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5 Crucial Questions Home Buyers Should Ask Sellers Before Moving In
By Matt Christensen | Jun 2, 2017 Moving into a home you’ve just bought is exciting—and sometimes exasperating. That’s because, although you might love your new place, you don’t know it all that well—which means that sooner or later, you’re bound … Continue reading
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5 Surprising (and Useful!) Ways to Save for a Down Payment
One of the biggest misconceptions of homebuying? The 20% down payment. Here’s how to buy with a lot less down. Buying your first home conjures up all kinds of warm and fuzzy emotions: pride, joy, contentment. But before you get … Continue reading
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12M New Households, 1M Fewer Homeowners
Daily Real Estate News | Monday, June 12, 2017 What will it take to make homeownership a national priority? Despite the addition of about 11.8 million households between 2006 and 2016, there are roughly 1 million fewer homeowners today than … Continue reading
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How Long Does It Take to Get a Mortgage?
Daily Real Estate News | Tuesday, June 13, 2017 Home shoppers may need to plan for more time than they realize when they’re starting the process of obtaining a mortgage. “Today’s mortgage process is very involved, particularly with regard to … Continue reading
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Existing Home Sales Rise 1.1% in May; Median Sales Price Ascends to New High
WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on … Continue reading
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84% of Americans See Homeownership as Good Investment
WASHINGTON (July 12, 2017) — According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white … Continue reading
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You Could Be Wrecking Your Home & Not Know It
First-time homeowners often make these 9 common — and avoidable — mistakes. Don’t be one of them. You haven’t felt like this since you were a teenager. You have a crush on your new house. (You’re officially a home buyer … Continue reading
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Existing-Home Sales Retreat 1.8% in June
WASHINGTON (July 24, 2017) — Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an … Continue reading
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Loan Demand Gets a Lift From Rate Drop
Daily Real Estate News | Wednesday, August 09, 2017 Interest rates dropped last week, giving homeowners and home buyers more incentive to lock in a lower rate as they apply for a mortgage. Total mortgage application activity for home buying … Continue reading
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Home Prices Jump 6.2% in 2nd Quarter; Eclipse 2016 High
WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly … Continue reading
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