The first quarter of 2017 has seen dramatic increases in metro home prices. Although average national income has increased in recent years, affordability remains elusive due to this escalation of price. The effects of which may impact communities nationally.
Read More »Buyers Question How Far Their Dollar Really Goes
Findings show that though you may be able to get a 3,500 square foot home in Indiana for $300,000, the same dollar amount will only get you 600 square feet in Washington, D.C. Getting a realistic sense of how many square feet for the dollar can be purchased before shopping will ultimately save your potential homebuyers heartache. Learn the top, and bottom, states where homebuyers can get the most space for their dollar.
Read More »The Week Ahead: What’s Next for Pending Home Sales?
On Wednesday, March 29th, the National Association of Realtor (NAR) will be releasing its latest Pending Home Sales Index. Lawrence Yun, Chief Economist for NAR, stated that a decline in contract signings during December 2016 indicated that activity will likely be “choppy in coming months,” as buyers struggle to find the perfect home in their price range. Also, read the full lineup of industry reports that will be releasing this week.
Read More »The Best Time to Sell is Spring, Report Says
According to Zillow, homes listed in late spring lead to quicker and more lucrative sales in 20 of the 25 largest metro areas—find out why.
Read More »February Existing Home Sales Drop Slightly
Reports show a healthy demand for homes, but higher prices may be reducing sales.
Read More »Limited Inventory Causes Pending Home Sales to Drop
Experts predict that home sales activity will likely be choppy in coming months as buyers compete for the meager number of listings in their price range.
Read More »Existing Home Sales Jump, but Affordability Problems Linger
The year is off to a strong start with home sales and prices both on the rise, according to a recent NAR report.
Read More »The Growing Divide Between Affordability and Availability
Lower-income properties are becoming less affordable than higher-end ones, making it more difficult for potential homebuyers to find the right fit.
Read More »Home Prices Hit Peak Across the Nation
With rising home prices and mortgage rates, new construction, and income growth will be vital to keeping buyers interest in the market.
Read More »Are Slow Pending Home Sales a Bad Omen for Housing?
Pending home sales have cooled off in three of the past four months. Could this be a sign of a stalling housing market?
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