The August 2017 housing report uses the numbers for July 2017. While July home sales decreased slightly, homes sold at a quicker rate than any month in nearly 10 years, in accordance with the August RE/MAX National Housing Report that analyzes housing data in 54* metro areas. May 2019 RE/MAX National Housing Report … » Learn More about May 2019 RE/MAX Housing Report
Home Ownership
FHA loans more affordable
Aims to limit mortgage insurance premiums for FHA borrowers. The House Financial Services Committee passed a bill Wednesday that will limit mortgage insurance payments on loans backed by the Federal Housing Administration. FHA loans more affordable The bill – H.R. 3141, “The FHA Loan Affordability Act of 2019” – would repeal FHA’s policy … » Learn More about FHA loans more affordable
Millennials understand the right way to sell
In excess of three-quarters of millennials really feel confident regarding how to sell a home, but only a few have actually done so, as outlined by a recent survey by sold.com. 3 out of 4 millennials think they understand the right way to sell a home Despite millennials’ high confidence in understanding how … » Learn More about Millennials understand the right way to sell
Sales can die over petty disputes
Home-buyers and sellers sometimes disagree over seemingly frivolous issues – however the disputes don’t seem nearly as frivolous if and when they jeopardize a sale. Sales can die over petty disputes Realtor.com recently interviewed real estate professionals and inquired about common petty disputes that can show up in a transaction. Missing cover plates … » Learn More about Sales can die over petty disputes
Less homes selling higher than list price
Less homes selling at or over list price is declining, going back to historical norms, as outlined by CoreLogic’s Home Price Index. That may be a relief to home shoppers whose budgets have been squeezed recently as home prices soared. Less homes selling higher than list price The share of homes sold at … » Learn More about Less homes selling higher than list price
The American dream makes a comeback
After Teresa and Mark Taunton short sold their $535,000 four-bedroom dream home in Celebration, Florida, at the conclusion of the real estate meltdown in 2011, buying another house was the last thing on their minds. The American dream makes a comeback “It makes you feel you could somehow end up in the same position,” … » Learn More about The American dream makes a comeback
The way a Home Office Can Boost Interest
With housing inventory remaining tight in recent years, Nick, Cindy & Nicholas Davis are diligent about keeping up with the trends to assist clients purchase and sell properties in this competitive market. A “Remote-friendly” home office are one of those rising trends. Believe it or not, as outlined by 2018 data from the U.S. Census, … » Learn More about The way a Home Office Can Boost Interest
New FHA standards affect buyers?
Some first-time and low- to middle-income home-buyers will probably be edged out of the housing market under tougher standards recently adopted by the Federal Housing Administration (FHA), experts say. Will new FHA standards affect home-buyers? The FHA, which insures mortgages for borrowers with spotty credit who can’t afford a higher down payment, said … » Learn More about New FHA standards affect buyers?
RE/MAX Housing Report April 2019
The April 2019 housing report uses the numbers for March 2019. While July home sales decreased slightly, homes sold at a quicker rate than any month in nearly 10 years, in accordance with the August RE/MAX National Housing Report that analyzes housing data in 54* metro areas. April 2019 RE/MAX National Housing Report Spring … » Learn More about RE/MAX Housing Report April 2019
Disclose home issues
Question: I recently lost the sale of my house because our buyer learned we replaced a broken toilet without obtaining a permit from the city. I didn’t have any idea this was required. I failed to disclose it on the property disclosure statement. Is there anything I can do? – Barbara Disclose home issues … » Learn More about Disclose home issues