Apr 18
Foreclosures Become a Tougher Find Thirty-six percent of U.S. housing markets – or 78 out of 216 metro areas studied — are now below their pre-recession levels in foreclosures, according to the latest Foreclosure Market Report from RealtyTrac. Foreclosure filings – including default notices, scheduled auctions, and bank repossessions – were down 8 percent from …
Apr 15
Ultra-Luxury Sellers Are Slashing List Prices More luxury home sellers are reportedly cutting their asking prices, hoping for a quicker sale, The Wall Street Journal reports. In January, 4.1 percent of homes for sale at $5 million or above had their asking prices reduced – a 50 percent increase from a year ago, according …
Apr 14
Ways Sellers Can Show Off Outdoor Space Take a close look at your listing from the eye of a home buyer. Are the bushes overgrown around the front windows? Has the mulch all washed away? Is the paint on the shutters fading? These are the questions Jon Coile, chairman of the multiple listing …
Apr 13
Gen X Home Ownership Likely to Stay Low Generation X suffered the most compared to any other age segment during the housing crisis, and they’re still in the process of recovering. In fact, home ownership rates will likely stay low for Generation X – those born between 1965 and 1984 – for years to …
Apr 12
First-Time Buyers Use Guest House for Savings Some first-time buyers are finding ways to cover the costs of home ownership by purchasing a multi-unit home that can accommodate a mother-in-law apartment or another rental unit. The added money can then help them cover their mortgage. “Renters like the privacy and homey feel of an …
Apr 11
from Robert F. Connor & Rachel Connor (04/11/2016) “Anthony was a pleasure to work with. Always professional, very knowledgeable, and very detailed. He always got back to us quickly and had great availability. He made buying our first home very easy, really guided us every step of the way, and we would recommend using him.“
Apr 08
First-Time Buyers Bypass the Starter House Seventy-five percent of first-time buyers say they prefer to not purchase a starter home and instead want to purchase a home that will meet their future needs, according to the Bank of America Home buyer Insights Report. Seventy-six percent of first-time buyers say they want to buy …
Apr 07
Stage a Baby Boomer Home the Millennial Way Like every generation, millennials’ needs and tastes differ from their parents’ generation, as plenty of surveys have attested to. But as millennials become home owners, how can your baby boomer home sellers amp up their homes’ appeal to this younger generation’s tastes? David Charron, president …
Apr 06
Problems Sellers May Try to Hide Home sellers sign a disclosure document that they’re being upfront about any problems with the home. “However, it can be very tempting for some to tell white lies or conveniently forgets facts,” says Wendy Flynn, owner of Wendy Flynn Realty in College Station, Texas. “In fact, a …
Apr 05
First-Time Buyers Love These Home Features Mid-Atlantic real estate professionals are bullish on the housing market this spring, particularly due to the growing number of first-time home buyers entering the market. In its 2016 Mid-Atlantic Housing Market Survey, MRIS – one of the nation’s largest multiple listing services – found that 57 percent …
Apr 04
Jump-Start Your Client Base This Spring Are you on the hunt for more clients this spring? An article at RISMedia recently highlighted several ways real estate professionals can stay competitive during this season: Find a way to engage with your community. Look for an event to sponsor in your area, such as a local …
Apr 01
College Debt Delays Home Ownership Student loan debt can negatively affect the ability and willingness of people to buy a home in the years after they leave college, according to new research by Federal Reserve Board economists. For every 10 percent increase in student debt among people in the five years after they …
