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Archive for the ‘real estate’ category

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 […]

The demographics of people buying homes can be dizzying. Old, young, kids, no kids, urbanites, suburbanites, men, women…and everyone seems to want something different! One of the most interesting demographics are younger home buyers. They could be buying their first of many homes over the course of their lifetime, so they might represent repeat customers. […]

If there’s one room for which prospective buyers are willing to pay a premium, it might just be the classroom. According to a new survey from Realtor.com, “More than 44 percent of home buyers who plan to buy a home within the next two years said they would be willing to go over their budget […]

Picture the recent housing bubble and one of the first images that may come to mind is that of a mostly vacant subdivision pocked with for-sale signs and foreclosure notices. The recession was rough on the suburbs (to say the least). Even though the economy may be in recovery mode, suburban living has fallen out […]

For decades, we have grown familiar with the basic categories of home buyers: The first-timer The upsizer The empty-nester The downsizer The multi-generation family In the years to come,  millions of homeowners who lost their homes during the recession through foreclosure or short sale will have restored their credit to the point where they again […]

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