Contracts to Buy Homes Reaches 9-Year High

Pending home sales continued to make gains last month, rising to the highest level since April 2006, according to the National Association of REALTORS®' Pending Home Sales Index, a forward-looking indicator based on contract signings. Read more: New-Home Sales Climb to 7-Year High Large gains … [Read more...]

RE/MAX Tops 100,000 Agent Mark

The global franchiser RE/MAX reached a big milestone this month, now boasting an expansive network of 100,000 real estate sales associates worldwide. By the end of 2014, RE/MAX had 98,010 agents worldwide, but in just the first few months of 2015, the real estate franchisor has attracted more … [Read more...]

Home-Price Growth Slightly Accelerates in Fourth Quarter of 2014

The majority of metropolitan areas experienced steady but slightly stronger price growth in the fourth quarter of 2014, behind a decline in housing supply and an uptick in demand fueled by lower interest rates and a stronger job market, according to the latest quarterly report by the National … [Read more...]

Should I rent my House instead of Selling?

Let #bobwert #remax Help You Find #therighthome A recent study has concluded that 39% of buyers prefer to rent out their last residence rather than sell it when purchasing their next home. The study cites that many homeowners were able to refinance and “locked in a very low mortgage rate in … [Read more...]

When Home Mortgage Rates Rise…

Mortgage rates have hovered around yearly lows for weeks. But with rate-hike forecasts looming, can buyers count on borrowing costs to stay low? Many economists are now predicting the average 30-year fixed-rate mortgage to reach 5 percent by the middle of the next year, The New York Times … [Read more...]

Renters – either way you are paying for a mortgage

There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with our parents rent free, you are paying a mortgage - either your mortgage or your landlord’s. As a recent paper from … [Read more...]

Financial Reasons to buy a Home – Harvard

Eric Belsky is Managing Director of the Joint Center of Housing Studies at Harvard University. He also currently serves on the editorial board of the Journal of Housing Research and Housing Policy Debate. Last year he released a paper on homeownership - The Dream Lives On: the Future of … [Read more...]

Home Sales Up in 3 of 4 Regions around US

Some industry gurus are questioning whether the housing momentum we saw early in 2013 began to dissipate later in the year. The more dramatic have claimed the housing sector is still on shaky ground. Others have blamed the slowdown in sales on a lack of consumer confidence or rising interest … [Read more...]