Are you thinking of buying a home? Here are some steps to take to ensure your advantage over other potential buyers. Educate yourself. The more you know about a home’s location, the easier it is to spot a bargain. Knowing what homes in your area are worth enables you to make an appealing bid […]
Buyer purchasing power is the single largest influence on home prices. When buyer purchasing power falls, home prices are sure to follow. When purchasing power rises, the outlook for future pricing is good. The buyer purchasing power index (BPPI) remained positive in Q1 2015 after falling consistently from December 2012 to April 2014. In a normal market […]
Homes are selling at a faster clip this spring, but something still isn’t quite right in housing. Thanks to the epic real estate crash of the last decade, market watchers and reporters now have a whole cottage industry of data providers to track every move in home sales and mortgage financing. But looking at all […]
Realtors: Home Prices Are at Unhealthy Levels If you’re thinking about buying a home, but concerned home prices have risen just a little too much lately, take heed of this warning. In the latest pending home sales release from the National Association of Realtors, chief economist Lawrence Yun noted that a supply/demand imbalance “has pushed […]
Appraisers think homeowners should get opinion on future value before major remodeling projects. The appraisal industry is pushing a new product aimed at homeowners considering a major home improvement: a feasibility study analyzing what your home will be worth before and after the project. The Appraisal Institute, a trade association for real estate appraisers, says […]
Here’s a great article By Jean Folger Real estate has long been regarded as a sound investment. Wholesaling and property management of commercial and residential property are just a few of the ways investors can profit from real estate, but it takes a little savvy to become successful in this competitive arena. While certain universities […]
This is a good article posted by Carrie B. Reyes | October 29. 2014 On Firsttuesday Journal. Absentee homebuyers consist of 23% of the market, as of Q3 2014. This is down from the January 2014 peak, when they made up 32% of all homebuyers. Home sales volume also fell during Q3 2014, to 7% […]
Expect the home-purchase market to strengthen along with the economy in 2015, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for November. “The good news for 2015 is that the U.S. economy appears well-poised to sustain about a 3 percent growth rate in 2015 — only the second year in the past decade […]
There’s no perfect time to buy or sell a home, but the winter months in particular can present unique challenges to home sellers. Generally, there are fewer buyers around the holidays and during the winter months, which can mean less competition and harder work on the part of the seller to secure attractive offers when […]
June 11, 2014 DQ News, Andrew Le Page La Jolla, CA—Southern California home sales lost momentum in May, falling from both April and a year earlier as investor demand fell and buyers continued to face inventory, affordability and credit constraints. Prices climbed again but at roughly half the year-ago pace, a real estate information service […]