Six straight months of declining home sales have ended in one of the largest year-over-year inventory increases in a minimum of 10 years, as reported by the latest RE/MAX National Housing Report. Prices Continue to Control the Housing Market What does that mean to the average home-buyer and seller? If you’re a buyer, … » Learn More about Prices Continue to Control the Market
Home Ownership
National Housing Report-February 2019
The February 2019 housing report uses the numbers for January 2019. Declining Sales, Growing Inventory Continue to Move in Direction of Buyer’s Market, in accordance with the February RE/MAX National Housing Report that analyzes housing data in 54* metro areas. February 2019 RE/MAX National Housing Report Riding two trends—declining sales and growing inventory— … » Learn More about National Housing Report-February 2019
3 Common Errors When Purchasing
First-time buyers have discovered the housing market difficult to break into. Typically, they will submit 3.8 offers before their offer is accepted, which is greater than the 2.5 offers that repeat buyers typically make, as outlined by a new survey of about 2,000 U.S. adults from NerdWallet, a personal finance website. Furthermore, 56% of first-time … » Learn More about 3 Common Errors When Purchasing
Projects to Handle Prior to Listing Your Home
These small changes potentially have to make a huge influence over your selling price. Projects to Handle Prior to Listing Your Home Address the Exterior First impressions are everything. In the months prior to listing your home for sale, put in a little sweat equity to produce killer curb appeal. Prune the bushes, power-wash … » Learn More about Projects to Handle Prior to Listing Your Home
Purchasing an older home
Older homes often include an abundance of character and possibly even a discounted price – but purchasing a home that has been around for a long time could also mean with age-related problems. 4 things to check when purchasing older homes Potential problem hot-spots in older homes Electrical issues Older homes may have dated … » Learn More about Purchasing an older home
Leading mortgage-borrowing generation
By dollar volume, millennials now take out more mortgage money than all other generations, as outlined by research by Realtor.com. They’ve surpassed both Generation X as well as the baby boomers. Millennials currently leading mortgage-borrowing generation Realtor.com based its analysis on data about residential mortgage loan originations from Optimal Blue, indicate that while the … » Learn More about Leading mortgage-borrowing generation
Are green features evaluated sufficiently?
Some green homes could possibly be under-valued, as outlined by panelists at a session during the 2019 Builder Show in Las Vegas – and that is often a costly mistake for home sellers. To ensure energy-efficient features are counted, collaboration among appraisers, lenders, builders, and real estate professionals is critical, panelists said. Real estate professionals … » Learn More about Are green features evaluated sufficiently?
Year of the Pig-Lucky for Real Estate?
Given that the Chinese New Year ushers in 2019 as the Year of the Pig, there’s strong signs that could indicate this year as a time of opportunities and blessings. Is it possible you put it to work for you in real estate? The 12th symbol of the Chinese zodiac calendar, the pig is recognized … » Learn More about Year of the Pig-Lucky for Real Estate?
Lucky In Love and House Hunting
If you and your partner are house hunting this Valentine’s Day – don’t allow the stress of shopping for a new home dampen your romance. With two different opinions driving the purchase process, it could possibly create disagreements. Nick, Cindy & Nicholas Davis with RE/MAX Premier Group would like tp offer advice and suggestions for … » Learn More about Lucky In Love and House Hunting
Will the U.S end up with a serious housing shortage one day?
The nation’s housing stock is becoming older and new-home construction is unable to keep pace. Which may amount to a severe housing shortage together with a growing share of homes that have not stayed up to code or current safety standards, economists warn. Laurie Goodman of the Urban Institute estimated in an April 2018 article … » Learn More about Will the U.S end up with a serious housing shortage one day?