Monthly Archives: May 2014

Home Inventories On The Rise 14%

Home inventories of single-family homes for sale is on the rise along with home prices, indicating a “healthier real estate marketplace than a year ago and strong seller confidence,” according to realtor.com®’s National Housing Trend Report for April, which was … Continue reading

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Luxury Home Sales Surge

Luxury home sales, particularly sales of the priciest 1 percent of homes, are surging. Sales of the most expensive homes in many local markets are up 21.1 percent this year, after a 35.7 percent gain last year, the real estate … Continue reading

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Is Staging All That Important?

Staging may not be important and may not raise residential sales prices, according to researchers at the College of William & Mary. The study polled 820 home buyers who were shown a series of six virtual tours of a single … Continue reading

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7 Month Low For Mortgage Rates

Fixed mortgage rates moved lower this week, reaching new lows for the year, Freddie Mac reports in its weekly mortgage market survey. It is the fourth consecutive week that mortgage rates have dropped. According to Freddie Mac, mortgage rates reached … Continue reading

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Home Owners Have Nowhere To Go After Selling

More home owners say now is a good time to sell, surveys show, but low inventories have them worried about what their next move would be. With fewer homes on the market and quickly rising home prices, sellers are becoming … Continue reading

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Growing Incomes For Realtors

With a rise in sales and home prices, there are growing incomes for Realtors. The median gross income of a REALTOR® rose 9.6 percent in 2013, averaging $47,700 in 2013 compared to $43,500 in 2012. It marked a big gain … Continue reading

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Home Price Appreciation To Slow Down Through 2016

Home price appreciation is expected to appreciate by 4.4 percent on average through the end of the year, but that rate will slow to 3.8 percent in 2015 and 3.4 percent in 2016, say 106 economists, real estate experts, and … Continue reading

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Rentals Drive Housing Starts

Housing starts are back on the rise, but the most recent surge is due to a growth in the multifamily market, according to the latest data from the U.S. Department of Housing and Urban Development and Census Bureau.              Housing starts … Continue reading

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Medical Marijuana Issues for Landlords

While the legalization of medical marijuana and recreational marijuana use is making it more difficult for landlords when it comes to what kinds of rules they can impose against pot smoking, it is an even cloudier issue for single-family property … Continue reading

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Realtors Press FHA To Remain Available

Thousands of REALTORS® in Washington this week are letting lawmakers know how important it is that the FHA remain available to people who rely on the agency to become homeowners. Preserving a strong secondary mortgage market, maintaining real estate tax … Continue reading

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