Some Highlights:The National Association of REALTORS® surveyed their members for their Confidence IndexThe REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.Homes sold in less than 60 days in 38 out of 50 states and Washington D.C.Homes sold in less than 30 days in 17 states … [Read more...]
Home Prices Up 5.61% Across The Country! [INFOGRAPHIC]
Some Highlights:The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.In the report, home prices are compared both regionally and by state.Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!Vermont was the only one state where home prices are actually lower than they were last year. … [Read more...]
Want to Get an A? Hire A Real Estate Pro [INFOGRAPHIC]
Some Highlights:Hiring a Real Estate Professional to buy your dream home, or sell your current house, is one of the most 'educated' decisions you can make!A Real Estate Professional has the experience needed to help you through the entire process.Make sure that you hire someone who knows current market conditions & can simply & effectively explain them to you & your family! … [Read more...]
How Supply & Demand Impacts the Real Estate Market [INFOGRAPHIC]
Some Highlights:The Concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high!Anything under a 6-month supply is a Seller’s Market!There has not been a 6-months inventory supply since August 2012!Buyer Demand continues to out-pace Seller Supply! … [Read more...]
‘Old Millennials’ Are Diving Head-First into Homeownership [INFOGRAPHIC]
Some Highlights:‘Old Millennials’ are defined as 25-36 year olds according to the US Census Bureau.According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old.More and more ‘Old Millennials’ are realizing that homeownership is within their reach now! … [Read more...]
What States Give You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]
Some Highlights:Thinking of moving across the country? How far will your money take you?The majority of states in the Midwest and South offer a lower cost of living compared to Northeast and Western states.The ‘Biggest Bang for your Buck’ comes in Mississippi where, compared to the national average, you can actually purchase $115.34 worth of goods for $100. … [Read more...]
Do You Know the Impact Your Interest Rate Makes? [INFOGRAPHIC]
Some Highlights:Interest rates have come a long way in the last 30 years.The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget.Interest rates are at their lowest in years… RIGHT NOW!If buying your first home, or moving up to the home of your dreams is in your future, now may be the time to act! … [Read more...]
Americans Believe Real Estate is the Best Long-Term Investment [INFOGRAPHIC]
Some Highlights: Real estate outranks stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans. Real estate is ranked as the best long-term investment among all age groups. Millennials rank both real estate and savings/CDs at 26% when it comes to the best long-term investment. … [Read more...]
Investment Home Sales Rebound in 2015 [INFOGRAPHIC]
Some Highlights: 2015 marks the first year-over-year increase in investment home sales since 2011. 62% of all investment homes purchased were single family homes. The South saw the highest percentage of investment home sales (39%) with the West coming in second (28%). … [Read more...]
New Home Buyers Look For Green Options [INFOGRAPHIC]
Some Highlights: 11% of new homebuyers stated "energy efficient features" as the reason for their purchase. The most popular remodeling projects done for energy efficiency were insulation upgrades, HVAC replacements, and vinyl & wood window installations. Research shows that word preference does make a difference when it comes to attracting "green buyers." … [Read more...]
