A rise in home purchase contracts and relatively low inventory bodes well for sellers heading into the spring market as pending home sales swell. Improved buyer demand at the beginning of 2015 pushed pending home sales in January to their highest level since August 2013, according to the NATIONAL ASSOCIATION OF REALTORS®. All major regions […]
Pending Home Sales Swell to Highest Level in a Year and a Half Read More »
If you own a home, chances are good it’s worth more now than when you bought it. Home prices rose in 86% of metro areas in the fourth quarter of 2014, data from the NATIONAL ASSOCIATION OF REALTORS® show. Prices increased steadily due to a shrinking supply of homes for sale and a growing number
Home Prices Up 25% Over Three Years Read More »
Time your home energy-efficiency improvements or hurricane preparation purchases right and you can avoid paying state sales tax. At least a half-dozen states offer tax breaks to homeowners who purchase energy-efficient appliances, water-efficient products, or hurricane preparation supplies. Alabama’s sales tax holiday When: Feb. 20-22 What: Exempts hurricane preparedness products from sales tax. You can
Which States Offer Sales Tax Holiday for Energy-Efficiency, Hurricane Products? Read More »
For 2014, the national median existing home price hit its highest level since 2007: $208,500. The median price also represents a 5.8% increase from 2013 ($197,100), data from the NATIONAL ASSOCIATION OF REALTORS® show. Meanwhile, the number of home sales for the year declined 3.1%. But despite low levels of properties for sale in many
Good News! Home Prices Rose 5.8% in 2014 Read More »
First-time homebuyers may face less competition in the fall housing market as investors retreated from the market in August, data from the NATIONAL ASSOCIATON OF REALTORS® show. Recent home sales activity remains stronger than earlier in the year, but fell last month as investors stepped away, says NAR Chief Economist Lawrence Yun. “There was a
Fewer Investors in Housing Market Good News for First-Time Buyers Read More »
The U.S. median home price rose to $217,300 in the third quarter of 2014 as home prices continued their slow, steady rise in most U.S. metropolitan areas, the NATIONAL ASSOCIATION OF REALTORS® says. That price is 4.9% higher than the median price NAR reported in the third quarter of 2013. The median price is where
Home Prices Rise Steadily in Third Quarter Read More »
We’re moving fast into the holiday season and I am excited to tell you that the opportunity to buy a new home is NOW! Don’t let this end of year buying window pass you by. Interest rates are approaching their recent lows. Inventories are growing, giving you a greater selection, and sellers are becoming anxious.
Why NOW is the Best Time of Year to Buy or Sell Your Home Read More »
Pending home sales rose 0.3% in September 2014, posting a positive gain for the first time in 11 months, data from the NATIONAL ASSOCIATION OF REALTORS® show. NAR’s Pending Home Sales Index showed the number of homes under contract to sell was also up 1% over September 2013. Conditions are favorable for buyers thanks to
Pending Home Sales Rise Read More »
After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the NATIONAL ASSOCIATION OF REALTORS®. All major regions except for the Midwest experienced gains in September. The median existing-home price reached $209,700 in September, up 5.6% from September 2013. It was the 31st
Existing-Home Sales Rebound Read More »
First-time homebuyers may face less competition in the fall housing market as investors retreated from the market in August, data from the NATIONAL ASSOCIATON OF REALTORS® show. Home sales activity in August 2014 remains stronger than earlier in the year, but fell last month as investors stepped away, says NAR Chief Economist Lawrence Yun. “There
Good News for First-Time Buyers: Fewer Investors in Housing Market Read More »
