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Archive for the ‘real estate’ category

It’s probably safe to assume that the landfill just blocks away from your potential home is going to deplete your house’s overall value, right? Actually, according to Realtor Mag, a recent study discredits this very assumption. As claimed by research conducted by Montana State University professor, Richard Ready, that appeared in the Journal of Real Estate […]

A Balanced Housing Market

June 19th, 2015

Ten years ago the housing market was hot. Four years ago it was too cold. Now, according to The New York Times, the yo-yoing insanity seems to have come to an end. By a wide range of measures, nationwide home prices are balanced when compared with incomes, rents and other fundamentals. Buyers are comfortable spending […]

What’s in store for home prices? According to a couple of new studies: renters, homeowners and realtors alike expect prices to rise in the coming year. The New York Federal Reserve Bank recently conducted a consumer survey, in which they asked respondents how they expect the home prices within their zip code to change in the […]

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 […]

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