The rate at which home prices are rising has tapered off in many markets, but that’s not necessarily bad news for homeowners. A slow, steady climb in home prices indicates a healthy market keeping pace with inflation. The national median existing single-family home price in the second quarter was $212,400, up 4.4% from the second […]
Home Prices Still Rising, But Not As Quickly During Second Quarter Read More »
You could say energy efficiency is a reigning obsession here at HouseLogic. Not only can it help homeowners save money by taking back their utility bills, it packs a clear-cut environmental benefit. The problem is that many of us think saving energy is difficult or too expensive to achieve. The Start.Home, an experimental solar-powered house
Net-Zero Home Packs a Paycheck Read More »
More homeowners opted to sell their homes in June, bringing balance to real estate markets across the country, according to data from the NATIONAL ASSOCIATION OF REALTORS®. There were 2.3 million existing homes for sale at the end of June. That’s a 5.5-month supply given the rate at which homes are now selling. A 6-month
Reports Show June Housing Markets Moving in the Right Direction Read More »
Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market. All four regions of the country saw increases in pending sales, with the Northeast and West experiencing the largest gains, data from the NATIONAL ASSOCIATION OF REALTORS® show. NAR’s Pending Home Sales Index shows home sale contract signings
Number of Homes Under Contract Soars in May 2014 Read More »
Homebuyers battling tight inventory, tough lending standards, and competing offers from all-cash buyers got a bit of a break in May as more sellers put their homes on the market. May’s 4.9% month-over-month gain in the number of single-family homes, townhomes, condominiums and co-ops for sale was the highest monthly rise since August 2011 (5.5%).
Existing-Home Sales Heat Up in May Read More »
No, you can’t saw off a chunk and smoke it. But if you live in a house made with hemp building products, you may trim your utility bills, have more leisure time, and be safer and more comfortable. Industrial hemp, the non-stoney relative of its more famous cousin, marijuana, is making its way into the
Get Happy, NOT High in a House Built of Pot Read More »
The number of homes under contract rose just a bit last month as homebuyers got a boost from falling mortgage interest rates and a larger selection of homes for sale, according to the NATIONAL ASSOCIATION OF REALTORS’® Pending Home Sales Index. A gradual uptrend in home sales is expected, according to NAR Chief Economist Lawrence
Under-Contract Homes Up Slightly in April as Buyers Find More Choice Read More »
Home prices were rising quickly at the end of last year, but the real estate market cooled a bit the first quarter of this year — good news for homebuyers who can struggle to afford homes when prices rise faster than incomes, the NATIONAL ASSOCIATION OF REALTORS® reports. The U.S. median home price hit $191,600
Home Price Increases Slow in Many U.S. Cities in First Quarter Read More »
Homebuyers had more properties to choose from in April, as the inventory of existing homes increased nationally. As more properties were put up for sale, the speed at which home prices were rising slowed a bit, according to data from the NATIONAL ASSOCIATION OF REALTORS®. The median U.S. existing-home price hit $201,700 in April, up
Homebuyers Have More Properties to Choose From in April Read More »
Although the real estate crisis might have broken some homeowners’ hearts, many folks are ready to start dating again, according to two Gallup polls. One poll shows Americans again believe real estate is the best long-term investment, better even than gold, stocks, bonds, and savings accounts. High-income consumers are the biggest believers in homeownership as
Fact Filled Poll Finds Homeownership Trumps Gold, Stocks, and Savings Accounts Read More »
