Neil’s Buyer/Seller Posts

Net-Zero Home Packs a Paycheck

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 […]

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Reports Show June Housing Markets Moving in the Right Direction

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

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Number of Homes Under Contract Soars in May 2014

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

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Existing-Home Sales Heat Up in May

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%).

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Under-Contract Homes Up Slightly in April as Buyers Find More Choice

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

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Home Price Increases Slow in Many U.S. Cities in First Quarter

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

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Homebuyers Have More Properties to Choose From in April

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

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Fact Filled Poll Finds Homeownership Trumps Gold, Stocks, and Savings Accounts

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

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Beautiful Spring Weather Lures Homebuyers into Market

Warmer weather brought homebuyers into the market and pushed pending home sales up 3.4% in March, data from the NATIONAL ASSOCIATION OF REALTORS® shows. NAR Chief Economist Lawrence Yun said a gain was inevitable. “After a dismal winter, more buyers got an opportunity to look at homes last month and are beginning to make contract

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