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Purchases of new single-family homes jumped 12.4% in July Sales of newly built homes rose in July to the highest level in nearly a decade, a sign of solid momentum in the U.S. housing market. Purchases of new single-family homes rose 12.4% in July from a month earlier to a seasonally adjusted annual rate of…
Don’t do these things or you might have your broker on the run before you can say ‘open house.’ By Devon Thorsby Real estate agents see and hear a lot, and while there are shockingly few things that surprise them, there’s a fine line between need-to-know and TMI. But the more transparent a client is during the…
Staying in a rental has its benefits, but you should decide if they outweigh the pros of owning a home? More Americans than ever are renting instead of owning a home. About 37 percent of housing units in the U.S. are occupied by renters, according to the U.S. Census Bureau’s 2015 American Community Survey, and…
Prepare yourself to move quickly in order to get the home you want. Real estate markets across the U.S. are fast-paced right now. Homes are selling within hours, rather days. Homebuyers are struggling to find the right house before someone else has put it under contract. The pressure to beat out other homebuyers is intense….
Rental properties can help level out the peaks and valleys in your portfolio. Is a bear market on the way? That’s the question experts and investors alike have been debating for months. Given the cyclical nature of the market, it’s unrealistic to expect the current bull market to continue its run forever. What’s uncertain is…
Sales of new and existing homes unexpectedly spiked to their highest levels in years last month. America’s housing market appears poised to go out like a lion this year, as a pair of real estate reports this week showed home sales climbed to their highest level in a decade. Sales of new houses clocked in…
-Reuters 24 August 2016 New U.S. single-family home sales unexpectedly rose in July, reaching their highest level in nearly nine years as demand increased broadly, brightening the housing market outlook. The Commerce Department said on Tuesday new home sales surged 12.4 percent to a seasonally adjusted annual rate of 654,000 units last month, the highest…
You’ve found the house of your dreams, the seller has accepted your offer and you can’t wait to move into your new digs. But before measuring for curtains or purchasing furniture, there’s another important step in the homebuying process you shouldn’t skip: the home inspection. Sure, you had your Uncle Joe tour the house with…