SCR News Feed

October 2016 Existing-Home Sales

2017-01-12T11:43:53-05:00November 28th, 2016|NAR|

NAR released a summary of existing-home sales data showing that housing market activity rose for the second straight month. October’s existing-home sales reached the 5.60 million seasonally adjusted annual rate and existing-home sales are up 5.9 percent from a year ago which is the highest pace since February 2007. The national median existing-home price for… Continue Reading October 2016 Existing-Home Sales

How to Create a Warm, Inviting Winter Listing

2017-01-12T11:43:53-05:00November 28th, 2016|NAR|

By Patti Stern, PJ & Company Staging and Interior Decorating A Welcoming Curb Appeal Maintain a polished look by keeping gutters clean and shrubs trimmed. Be sure to also remove any hazards by shoveling, sanding, and removing any ice or snow from the driveway, walkways, and sidewalks. To engage buyers on a gloomy day, keep… Continue Reading How to Create a Warm, Inviting Winter Listing

FHFA Raises Conforming Loan Limits

2016-11-23T13:23:58-05:00November 23rd, 2016|NAR|

For the first time in a decade, the Federal Housing Finance Agency announced that it will raise the maximum conforming loan limits for mortgages purchased through Fannie Mae and Freddie Mac.  Beginning in 2017, the maximum loan limit for one-unit properties will be $424,100, up from $417,000, in most markets throughout the United States. Higher… Continue Reading FHFA Raises Conforming Loan Limits

New Conforming Limit Improves Financing from Coast-to-Coast

2017-01-12T11:43:54-05:00November 23rd, 2016|NAR|

For the first time since 2006, the conforming loan limit will rise in 2017. This change is important in today’s housing market as it allows the financing market to expand to meet the growing needs of strong consumer demand and rising home prices. Furthermore, while the conforming limits will rise, it is unlikely to adversely… Continue Reading New Conforming Limit Improves Financing from Coast-to-Coast

Existing-Home Sales Jump Again in October

2016-11-23T03:02:04-05:00November 23rd, 2016|NAR|

WASHINGTON (November 22, 2016) — Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®. All major regions saw monthly and annual sales increases in October. Total existing-home sales 1, which are… Continue Reading Existing-Home Sales Jump Again in October

Existing-Home Sales in October: Highest Pace in Nearly a Decade

2017-01-12T11:43:55-05:00November 22nd, 2016|NAR|

The housing market has indeed awakened from its summer slumber. Existing-home sales posted a 2 percent monthly gain in October and are now 5.9 percent higher than a year ago. Even more impressive? At a 5.60 million annualized sales pace, October was the strongest month for existing sales since February 2007 (5.79 million). Lawrence Yun, NAR… Continue Reading Existing-Home Sales in October: Highest Pace in Nearly a Decade

Thanksgiving 2016: How family and friends can influence the home purchase

2017-01-12T11:43:55-05:00November 21st, 2016|NAR|

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 impact the home they purchase. Based on data from the recently… Continue Reading Thanksgiving 2016: How family and friends can influence the home purchase

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