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...]

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...]

Selling Your Home? 8 Uncomfortable Realizations You’ll Have Before You Succeed

 So Call Bob Wert, Re/Max, for a local expert with years of experience to list and sell your home kali9/iStock; realtor.com Selling a home is just one of those experiences you've got to go through to truly understand—it's a lot more involved, emotional, and exasperatingthan you might … [Read more...]

Fall May Be Best Time for Buyers to Move

A slower fall season in home buying may help more lingering home buyers to jump in. Prices are easing somewhat. For the second month in a row, the median price of an existing home dropped. It reached $253,500 in August, after reaching a record high of $263,300 in June, according to the latest data … [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...]

3 Remodeling Mistakes That Hurt Resale Values

“Projects that take a home significantly beyond community norms are often not worth the cost when the owner sells the home,” says Scott Robinson, president of the Appraisal Institute. “If the improvements don’t match what’s standard in a community, they’ll be considered excessive.” … [Read more...]

Buyers Want Bigger Yards Over Bigger Homes

A property that offers a great outdoor space is taking a higher priority among home buyers. In fact, home shoppers recently surveyed said they would be willing to sacrifice some space from a larger house in order to get a bigger yard. More than half of 1,000 buyers recently surveyed—or 56 … [Read more...]

Homeownership Rate Rebounds from 50-Year Low

The U.S. homeownership rate may have finally bottomed out, as the share of Americans who own homes is steadily climbing. The ownership rate posted an increase in the second quarter, reversing a sharp downward trend that begun in the Great Recession. The homeownership rate was 63.7 percent in the … [Read more...]

4 Common Home Buyer Slip-Ups

Real estate professionals see a lot of dumb reasons why home buyers ultimately end up losing out on a deal. Practitioners recently shared some of the more common mistakes with realtor.com®, including ways to correct the situation: 1. Shopping outside their price range. “It sounds obvious, but … [Read more...]

7 Home Improvements That Could Turn Your Neighbors Against You

GregorBister/iStock The good news: You're upgrading your home! The potential downside? You might be downgrading your neighbors' quality of life in the process. Sadly, not every home or yard improvement you embark upon is a boon for all the people who live around you. Think of it this way: It's … [Read more...]