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Thanksgiving, lies, presents, contests, design, finance, and housing cycles. Hosting for the holiday? Check out these tips to make your guests feel at home. Did you start brining your turkey yesterday? Need AI support? Ever wonder how the giant balloons are made for the Macy’s Thanksgiving Day Parade? Here are some more facts about the [...]
David Hakimi By David Hakimi This article is part one in a two-part series on how to sell newly-constructed homes. Part two will be published Monday, Dec. 11, 2017. It’s no secret that the housing market has fully rebounded over the past eight years and is now experiencing tremendous growth. In fact, demand in many [...]
Tight supply has led to higher price growth, especially in the metro areas of San Jose- Sunnyvale-Sta. Clara, Francisco-Oakland-Hayward, and Seattle-Tacoma-Bellevue. Given the steep increase in home prices, an interesting question is whether demand is starting to wane given the strong price escalation in these areas. To answer this question, we look at how fast [...]
The REALTORS® Confidence Index (RCI) survey gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[1] This report presents key results about market transactions from October 2017. View and download the full report here. [2] Market Conditions and Expectations The REALTORS® [...]
This Thanksgiving we look at how recent buyers are choosing their homes, and how their friends and family can influence their decision. While we don’t all get to see our families every day, for many home buyers having the option to do so can influence the home they purchase. Based on data from the recently [...]
Thanksgiving prep, design, and tech. This marvelous product from Stove Top is sold out, but maternity pants should still do the trick. Just a reminder for the novice Thanksgiving chefs out there that the Butterball Hotline really does exist. grassrootsgroundswell/flicker/2011 Don’t mistake us for ungrateful, but we wish we worked in this library! Gaudi’s La [...]
One of my favorite gifts to both give and receive is a book. It may seem passé in this world of digital media, but I think the fact that our lives are lived increasingly online makes books especially luxurious and gift-worthy. Here are a few examples of real estate topics writ large that would be welcome [...]
At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates increased to 4.15 percent this September, up compared to 3.78 percent a year ago. Housing affordability declined from a year ago in September moving the index down 5.4 percent from 169.8 to 160.7. The median sales [...]
Kevin Tengan told attendees at the REALTORS® Conference & Expo to remember that home buyers are looking for “a place for their life to happen.” To help your listing stand out from the competition, focus on the lifestyle the property will help buyers achieve, in addition to common details such as square footage and number [...]
Prospective first-time buyers in recent years have had to navigate several obstacles on their path to homeownership, including higher rents and home prices, tight inventory conditions and repaying student loan debt. These impediments are a big reason why first-timers were only 34 percent of all transactions in the National Association of Realtors®’ 2017 Profile of Home [...]