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Archive for the ‘real estate’ category

Although the numbers have yet to fully recover, according to the Wall Street Journal, and as reported by the Professional Builder, First time and entry-level buyers are returning to the market after years of dormancy. In fact, first time buyers accounted for approximately 18 percent of new-home sales thus far in 2015. Even so, The […]

Can owning a home be linked to one’s happiness? According to data from the OECD Better Life Index – a study that gauges the quality of life worldwide by factoring in such things like housing, jobs and civic engagement – homeownership in the United States can lead to higher levels of subjective well-being. So the […]

Booming Spring Market

May 1st, 2015

According to the National Association of REALTORS®, and as reported by Realtor Mag, pending home sales have risen for the third consecutive month – hitting the highest level since June 2013. Pending sales have experienced a steady moth to month increase of 1.1 percent, and are 11.1 percent above last March’s levels, says Realtor Mag. […]

Shifting Sense of Home Value

April 29th, 2015

Berkshire Hathaway HomeServices recently released results of its first quarterly Homeowner Sentiment Survey, and results show that people’s perception of home value in the post-crash era runs much deeper than standard measures of price and location. According to Business Wire, Today’s property owners and prospective homebuyers define value in broader terms of personal confidence in […]

Return of the Bidding War

March 25th, 2015

Although the housing market is incredibly more balanced than it was during the housing bubble, bidding wars haven’t gone away. In fact, they are back in full force. As mentioned by BloombergView, “33 percent of all sales were at or above the asking price, a strong indication that more than one bidder was involved in […]

According to the recent release of National Association of REALTORS®’ Home Buyer and Seller Generational Trends Report 2015, Millennials are quickly moving out of their parent’s basements and into homes of their own. In fact, those 34 and younger made up 32 percent of all buyers in 2014 and 31 percent in 2013 – representing […]

Here’s some welcome news for potential homebuyers: One new report shows that mortgages may be becoming easier to obtain, while separate research found that housing affordability is edging upward. First, the L.A. Times reports on The Mortgage Bankers Association’s latest credit availability index, a closely monitored measure that tracks the availability of mortgage credit. The index shows […]

Housing markets across the United States are “improving at a consistent pace,” according to Tom Woods, chairman of the National Association of Home Builders (NAHB). In fact, more than 80 percent of all metros saw their “Leading Markets Index” – a measure based on factors such as average permit, price and employment levels – increase […]

A tip of the hat to ZipRealty.com, which has pitted the Denver and Seattle real estate markets head-to-head in advance of Sunday’s Super Bowl match-up. No matter who wins on the field, both markets have a lot to be happy about. We hope you all enjoy the big game!

Allow us to set the scene: A homeowner in suburban Minneapolis sits at the computer on a blustery January night. In the background, a meteorologist on the TV offers that tomorrow’s high temperature will be (-8) degrees. The five-day forecast doesn’t show any signs of improvement. The homeowner, flummoxed at the thought of another winter […]

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