Neil’s Buyer/Seller Posts

Number of Homes Under Contract Expected to Level Out

Although conditions were mixed across the country, pending-home sales fell in October 2013 for a fifth consecutive month, according to the NATIONAL ASSOCIATION OF REALTORS®. NAR’s Pending-Home Sales Index slipped 0.6% in October and was 1.6% below October 2012. The Pending-Home Sales Index measures the number of homes that are under contract to sell, where […]

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October Existing-Home Sales Cool, But Low Inventory Drives Prices Up

Fewer existing homes sold in October, but prices continued to rise as home supply and demand continued to tilt toward owners in many markets, according to the NATIONAL ASSOCIATION OF REALTORS®. The number of single-family homes, townhomes, condominiums, and co-ops sold in October fell 3.2%. However, that’s still 6% higher than the number of sales

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Now’s the Time for Lawmakers, Real Estate Industry to Secure Future of Homeownership

Housing markets gained traction in 2013 – home equity is up, as are home prices, but lingering uncertainties about mortgage finance markets and tax reform will prevent a full housing market recovery, according to 2014 NATIONAL ASSOCIATION OF REALTORS® President Steve Brown. He spoke at a news conference today during his trade group’s conference in

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Do Your Windows Have the Power to Melt the House Next Door?

With a fair amount of buzz recently about how some energy-efficient windows can create a laser-beam effect that warps siding on a neighboring house, we thought we’d check into the hubbub. Bottom-line: It doesn’t mean you should abandon your decision to invest in low-e (low-emissive) windows, which limit heat transfer so that your house stays

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Taking out a Mortgage Next Year? Plan for a Bigger Pile of Paperwork

Based on what my REALTOR® friends tell me, getting a mortgage these days requires a ton of paperwork to prove that everything you said on your loan application was true. Did you really make the income you claim? Do you really have that much money in the bank? Can you prove you really did pay

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