Home buying fervor has driven home prices to their largest annual gain since 2005, according to a recent article in the Wall Street Journal. Evidently, home buyer interest – fueled by low mortgage rates as well as reduced inventories – helped drive prices up in 2013. Now, experts are saying that home buyers and home […]
Report: National Home Buyers Can Expect to Pay More for Real Estate in 2014
Changes are afoot on the national housing market that suggest that this year is going to increasingly favor the home seller. And that means buyers will likely be paying more for real estate in 2014. According to a recent news article, the National Association of REALTORS® recently reported that nearly 5.1 million homes sold last […]
3 Reasons Why People Love Living in Country Club Village in Plymouth, MI
There are plenty of incredible single-family residential neighborhoods in the Plymouth real estate market – each with their own unique flair and draw. For instance, while some are close to Downtown Plymouth, others offer residents more privacy in Plymouth Township. Knowing what you’re looking for up front will help you determine which neighborhood is the […]
Almost All U.S. Cities Can Be Optimistic About Real Estate Market in 2014
The economic recovery is not just confined to one region of the United States, according to a recent news article. Evidently, a recent report from the U.S. Conference of Mayors noted that almost every city in the country is expected to see economic growth in the New Year! This is great news for everyone because it shows that […]
More Gains Expected in 2014 for US Housing Market
Experts emphasized recently what they’ve been saying for weeks: The US housing market will show even better gains in 2014. Evidently, experts believe that it will be a good year for housing, despite the fact that sales are likely to level off slightly. Those interested in buying and selling real estate in the US in […]
National Housing Market Weathering Higher Mortgage Rates
The sales of new U.S. single family homes fell only slightly in November in the wake of higher mortgage rates. Meanwhile, prices on new homes continued to rise, signaling to national housing market experts that the market truly is weathering higher mortgage rates, according to a recent news article. National Housing Market Showing Resilience, Experts […]
A Very Merry Year End National Real Estate Report
Whichever way you look at it, the real estate market is finishing strong as we wrap up 2013! According to a recent Bloomberg report, several market indicators are showing growth and gains, which is great news for home buyers and home sellers alike! Today, we’re going to share with you some of the highlights of […]
US Homes Selling Quicker and Canadian Home Sales Prices Increasing!
As real estate experts, we’re always looking for market indicators to suggest whether the market is favoring sellers or buyers. We look at a variety of factors, including average list price, median sales price and price per square footage. Another indicator we look at is the days that a home spent on the market before […]
U.S. Home Prices On the Rise in Most Cities
Great news for interested home sellers throughout the country: The price for single-family homes has increased in 88 percent of the country’s cities! That’s according to third quarter data recently discussed in a Bloomberg article. Experts are saying that the increase is directly attributed to buyers competing for limited inventories as well as a decrease […]
US Foreclosures Drop to Lowest Levels in 7 Years
Here’s another sign that the tide has turned on the national real estate market: US homes entering the foreclosure process fell to their lowest levels in 7 years during the 3rd quarter of 2013. This is tremendous news for interested home sellers because foreclosures have been pulling down median sales prices all across the country […]