Real Estate News
Posted in the Real Estate News Category
Homeowners Seeing Big Equity Gains
Posted in: Real Estate News
As home values have risen, so has owner equity. For most homeowners, the equity in a property is one of the foundations of building long term wealth, and a major reason Americans seek to own vs. rent. At a time when price appreciation continues to climb, those who own are seeing big equity gains, and ...Read More
With Homebuyers Facing Challenges, Where Will Prices Go?
Posted in: Real Estate News
Home buyers face an uphill battle vs. rates, prices, and inventories, but demand is strong. The question has been asked a lot lately – is this another bubble? If so, is it going to burst? Will home prices actually drop?? Not according to the top housing market economists. It’s no secret that there are some ...Read More
Americans’ Optimism About Housing Hits New High
Posted in: Real Estate News
In case you (somehow?) haven’t heard – the housing market is doing well. Apparently most of us have heard, and enough people are feeling good about real estate’s near term outlook that the national Home Purchase Sentiment Index (HPSI) has hit a new all time high. Like many other economic indexes, the HPSI takes survey ...Read More
Spring Season, Rising Rates Driving Buyer Traffic
Posted in: Real Estate News
Spring is always a big season for real estate. Buyers come out of their long winter hibernation, check that they didn’t see their shadows, and agree all together that it’s time to shop for homes. The weather is nicer, flowers are blooming, and front yard marketing pictures of listings are looking great. Buyers also know ...Read More
Home Prices Up, Sellers Cashing In
Posted in: Real Estate News
January home price index numbers came out recently and prices were up 6.2% nationally, from a year ago. That’s in line with December’s 6.3% gain that had been the biggest one year price gains we’ve seen in the last three years. We’ve been repeating it for a while now, but the narrative behind these higher ...Read More
Tax Time! How New Tax Laws Affect Homeowners And Buyers
Posted in: Real Estate News
Tax season is here, and with the recent changes from the Trump tax overhaul, there’s been a lot of confusion about what it means for home buyers and owners. We’ve heard some misconceptions floating around, and we thought it’s a good time to update you on just a few of the key changes that will ...Read More
No Halloween Scares Here – Just Good News for New Home Sales!
Posted in: Real Estate News
Have you seen the new homes being built lately? They’re a little nicer than a creaky old haunted house! Sales numbers are in for last month, and in a bit of a surprise, sales of new homes jumped way up (18.9 percent), to the highest levels in almost 10 years! This was in ...Read More
Buyers Have Enjoyed 2 Months of Lowering Rates, But Will That Change?
Posted in: Real Estate News
Strike now while the rates are still low? For the past few years we’ve been enjoying mortgage rates that have hovered around the 4% range, and we’ve seen the housing market continue to surge throughout that time. Sales and home values keep trending upward, and it’s a no-brainer that it doesn’t hurt when historic rates ...Read More
Market Still Climbing As Sales, Prices Rise
Posted in: Real Estate News
After looking like things might try to level off for a bit at the beginning of 2017, the market has continued to climb recently, showing no signs of stopping any time soon. Prices and sales are up across the country at unexpected levels, even as mortgage rates spiked higher last month. Mortgage rates have actually ...Read More
New Home Sales Trending Upward
Posted in: Real Estate News
If you’re going to make predictions about something, it’s always nice when they come true… If they’re about something that helps our industry, like new home sales for Real Estate, then it’s great when they exceed expectations! One of the predictions we made for trends to watch in 2017 is beginning to show some results, ...Read More
