First-time homebuyers appear to be getting back into the market more strongly with interest rates moving down to new lows. First-time buyers accounted for 33 percent of residential sales in June 2016, up from the 30 percent share in May 2016 and one year ago (Chart 1), according to the June 2016 REALTORS® Confidence Index… Continue Reading Sales to First-Time Buyers: 33 Percent of Sales in June 2016
The model homes of builders are known for showcasing the latest interior design trends in trying to appeal to home shoppers. So what’s trending when it comes to the kitchen? PulteGroup’s Interior Designs Team is merchandising about 425 model homes in 2016. The kitchen is a big area that gets a lot of the design… Continue Reading 5 Kitchen Design Trends to Take From Model Homes
Which is better: Setting the list price at $199,000 or $200,000? New research shows that the $1,000 difference can have a big effect on buyer...Powered by WPeMatico
View a chart to see how long properties are staying on the market in your state compared to others. Powered by WPeMatico
Many real estate professionals like to include a head shot on their business card. What message are you sending?Powered by WPeMatico
With the commercial real estate market entering the late stages of its current growth cycle, industry experts fear that another recession looms in...Powered by WPeMatico
Rising home prices are offsetting lower mortgage rates in dampening housing affordability in the second quarter, a new index shows. Powered by WPeMatico
Mark Roesler hopped in his car on a Saturday morning in the 1980s and drove to the quaint Indiana town where family members of the late film icon James Dean lived. An intellectual property rights attorney, Roesler sat down with Dean’s aunt and cousin on their farm to explain to them that they deserved rights… Continue Reading What Are You Really Selling?
The average time-to-close, as measured by closed listings reported from MLSs, rose modestly in July relative to a year earlier. July’s 3-day delay was roughly in line with the 3.1 day delay averaged over the prior 3 months. The July reading tied April for the second lowest since October of 2015. After falling sharply in… Continue Reading TRID, Brexit, or Something Else?: Delays Level Off
For all the middle children out there: are you often categorized as an “attention-seeker” or perhaps “the forgotten one?” This may have slipped people’s mind, but today is National Middle Child Day! As the middle children of America celebrate August 12 as their national holiday, the National Association of Realtors® relates some of their data… Continue Reading It’s National Middle Child Day, (..cough cough..) Don’t Forget!