“moving can already be one of the most stressful times in a person’s life…” For renters who aspire to be home owners, transitioning from an apartment to a house requires a shift in their thinking that they may not be prepared to make. The financial changes that come with owning, the need to consider planting […]
” people start hunting on real estate sites three years before they buy…” Americans spend an average of 55 minutes per online visit with real estate apps on their phones, according to new research unveiled by Google. Basically, “customers roll over in the morning and start looking at real estate listings [on their phone],” John […]
Home owners and appraisers have differing opinions when it comes to home values. The latest Quicken Loans National Home Price Perception Index shows that the average appraisal was 1.69 percent lower than home owners’ estimated value. The gap between home owner and appraiser values has been narrowing since June, when appraisals were 1.93 percent lower […]
“picture Mayberry with high-speed Internet…” Builders are creating housing developments that offer a small town feel — which they believe many buyers are seeking in a community nowadays. A growing number of traditional neighborhood developments are looking to recreate village life, offering up old-style communities with “leafy streets of historic-looking homes with porches and sidewalks, […]
“baby boomers are expected to continue to have a major impact on the housing market …” Baby boomers say first impressions count when they enter a new community. They are closely sizing up neighborhood amenities like the pool, clubhouse area, and walking trails. They’re also looking at the location of the community, judging how near […]
“some of the priciest renovations rarely pay off at resale…” Home renovation television shows give home owners big ideas about how they can spruce up their property. But some of these projects can open up problems for owners whose big remodeling dreams may not have been well-thought out. Realtor.com® recently spotlighted a few renovation plans […]
” buyer traffic in their market this summer was “strong” or “very strong,” while most described seller traffic as weak…” Housing demand remains strong this summer, even as inventory issues persist in many markets across the country, according to the REALTORS® Confidence Index for June. The majority of real estate professions said buyer traffic in […]
“first-time buyers comprised 33 percent of the market last month, the highest level since July 2012“… First-time home buyers flooded the market last month, reaching their greatest share in nearly four years, according to NAR’s latest housing report. Existing-home sales climbed across the country in June, except for the Northeast, as the summer continued to […]
“58 percent of home owners believe sellers have more power than buyers …” Fifty-two percent of home owners say now is a good time to sell in their neighborhood. This is up from 34 percent who said so last year, according to a survey conducted by the real estate brokerage Redfin. What’s more, 58 percent […]
“people are uncertain about what a new president will mean for the real estate…” The presidential election is now in full force, and it may be deterring some buyers and sellers from making a move until after Election Day on Nov. 8, real estate professionals report. An article at realtor.com® says the election isn’t unusual […]