Daily Real Estate News | Wednesday, August 30, 2017 As Hurricane Harvey moves off the coastline of Texas, it’s leaving massive flooding in its wake that has destroyed homes and businesses. Until the floodwaters recede, cleanup efforts are mostly on … Continue reading
Flooded Homes Can Be Fixed But…
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Myths Sellers Believe About Pricing Their Home
Daily Real Estate News | Thursday, September 07, 2017 Many home sellers succumb to myths about home pricing that don’t match the reality of the housing market. Realtor.com® recently highlighted several of those common pricing myths, including: You won’t always … Continue reading
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A Sign That More Housing Inventory Is Coming
Daily Real Estate News | Monday, September 11, 2017 Homeowners who have decided to stay put in their current properties may soon be ready for a move, helping to relieve stubbornly tight housing inventory. The evidence is in Fannie Mae’s … Continue reading
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Millions of Middle-Income Homeowners Stand to Lose Under “Big 6” Tax Proposal
WASHINGTON (September 27, 2017) – A group of legislators and administration leaders known as the “Big 6” today released an outline for comprehensive tax reform that if enacted, according to the National Association of Realtors®, could lead to a tax … Continue reading
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Mortgage Rates Stuck in Holding Pattern
Daily Real Estate News | Friday, September 29, 2017 The 30-year fixed-rate mortgage barely budged this week, staying well below the 4 percent mark. “Rates held relatively flat this week,” says Freddie Mac Chief Economist Sean Becketti. “The 10-year Treasury … Continue reading
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8 Exterior Renovations to Boost a Home’s Value
Daily Real Estate News | Friday, September 29, 2017 Replacing the roof may be the most important upgrade your client can make to the exterior of his or her home, according to the National Association of REALTORS®’ 2017 Remodeling Impact … Continue reading
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Existing-Home Sales Inch 0.7 Percent Higher in September
WASHINGTON (October 20, 2017) — After three straight monthly declines, existing-home sales slightly reversed course in September, but ongoing supply shortages and recent hurricanes muted overall activity and caused sales to fall back on an annual basis, according to the … Continue reading
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When to Drop Your Listing Price
Daily Real Estate News | Monday, October 30, 2017 Though low inventory is prompting buyers to raise their offers in order to beat out competitors, you still want your sellers to know: an overpriced listing will linger on the market. … Continue reading
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Homes Are More Affordable Than 20 Years Ago
Daily Real Estate News | Wednesday, November 08, 2017 Homes are actually more affordable now than they were in the late 1990s, according to the latest Mortgage Monitor Report by Black Knight Inc., a mortgage data and performance information provider. … Continue reading
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Pending Home Sales Strengthen 3.5% in October
WASHINGTON (November 29, 2017) — Pending home sales rebounded strongly in October following three straight months of diminishing activity, but still continued their recent slide of falling behind year ago levels, according to the National Association of Realtors®. All major … Continue reading
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Homeowners Say Tax Reform Would Hurt Them
Daily Real Estate News | Wednesday, December 13, 2017 A majority of recently surveyed homeowners say that changing homeownership tax incentives would restrict their mobility and cause them financial strain, according to new data from the National Association of REALTORS®’ … Continue reading
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Realtors® Midyear Forecast
WASHINGTON (May 17, 2018) – A stronger economy, wage growth and an improving job market are expected to march home sales and prices higher in 2018, but low supply and weakening affordability will tamper the rate of increases, according to … Continue reading
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4 Renovation Myths Reality TV Shows Propagate
July 2, 2018 Home improvement reality television shows have long misguided consumers about the renovation process. You likely have some clients who are obsessed with channels such as HGTV, and they may have developed some common misunderstandings about the real … Continue reading
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Home Searches Are Stretching on Longer
House hunters who are actively seeking a home to buy are spending significant amounts of time looking for that perfect space, according to a new poll by the National Association of Home Builders. More than half of prospective buyers surveyed … Continue reading
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5 Strategic Ways for Millennials to Save Money
© Eakachai Leesin – EyeEm/Getty Images Today’s affordability pressures are holding back the most eager would-be home buyers. In a recent study by CoreLogic and RTI Research, young millennial renters under the age of 29 are the most enthusiastic demographic … Continue reading
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Market Shifting to Buyers’ Favor
September 26, 2018 A housing market defined by rapidly rising home prices, bidding wars, a lack of inventory, and sellers with the upper hand in negotiations may be changing. “The signs are pointing to a market that’s shifting toward buyers,” … Continue reading
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Homeowners Ready to Sell in Third Quarter of 2018
WASHINGTON (September 26, 2018) – New findings from the National Association of Realtors® show that a record high 77 percent of Americans believe that now is a good time to sell a house, while those that think now is a … Continue reading
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First Time Home Buyers Continue To Struggle
Single Females Remain a Force in Market, While First-time Buyers Continue to Struggle, According to Realtor® 2018 Buyer and Seller Survey WASHINGTON (October 29, 2018) – Single female buyers continue to be a powerful force in the market, while low … Continue reading
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Metro Home Prices Rise 4.8% in 3rd Quarter
WASHINGTON (November 1, 2018) – Low inventory levels of moderately priced homes continue to stifle home sales and maintain the trend of increasing metro market prices according to the latest quarterly report (link is external) by the National Association of … Continue reading
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Existing-Home Sales Increase for the 1st Time in 6 Months
WASHINGTON (November 21, 2018) – Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors®. Three of four major U.S. regions saw gains in sales activity last month. Total existing-home sales1, https://www.nar.realtor/existing-home-sales, … Continue reading
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