New-Home Sales Surge to 10-Year High

Sales of new single-family homes jumped 6.2 percent in October to a seasonally adjusted annual rate of 685,000 units, the Commerce Department reported Monday. This marks the highest pace for new-home sales since October 2007. “The October report shows strong sales growth at entry-level price … [Read more...]

Equity-Rich Properties Surge Nationwide

Homeowners should be feeling richer. The share of equity-rich properties rose to a new high—26 percent of homeowners with a mortgage in the third quarter, according to ATTOM Data Solutions’ Q3 2017 U.S. Home Equity & Underwater Report. In the third quarter, there were more than 14 million … [Read more...]

Would-Be Sellers Fear Becoming Priced-Out Buyers

With a seller’s market in many places across the country, why are so many homeowners reluctant to sell? Nearly 80 percent of more than 1,000 homeowners recently surveyed say they believe now is a good time to sell a home, but many don’t plan to list their homes anytime soon. Numerous would-be … [Read more...]

New-Home Sales Hit 10-Year High

Sales of newly built single-family homes rose 18.9 percent last month, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This represented the highest sales rate since October 2007, with a seasonally adjusted annual rate of 667,000 units, after an … [Read more...]

Homesnap – a new way to search for Homes!

Homesnap.com Home searches … [Read more...]

Down Payment Myths Debunked

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6 Easy Ways to Boost Curb Appeal

The exterior of the home counts big for creating first impressions. Indeed, 99 percent of real estate pros say that curb appeal is a critical factor in attracting a buyer, according to the National Association of REALTORS®’ 2016 Remodeling Impact: Outdoor Features survey. Get more ideas: Amp Up … [Read more...]

What ‘Great Bones’ Really Means

“This house has great bones.” As a real estate professional, you’ve heard the phrase countless times. You’ve probably even uttered it more than once. But what do we really mean when we say a house has great bones? It’s a feature that all buyers want, but few can define. Understanding how … [Read more...]

Living Rooms Are Heading Upstairs

Upper-level living rooms are becoming a sought-after space among homeowners, The Wall Street Journal reports. Homeowners are finding these second-floor lounges can be cozier spaces than living areas on the first floor—and can offer more privacy, too. Upper-level living rooms—sometimes labeled … [Read more...]

More Buyers Putting Down Less on a Home

A 20 percent down payment is no longer the norm. In the past year, 1.5 million borrowers purchased their homes with down payments of less than 10 percent, according to Black Knight Financial Services. That marks a seven-year high. A growing number of home shoppers are financing more than 90 percent … [Read more...]