housing inventory: Existing Home Sales Heat Up, Inventory Levels Continue to Improve, July Newsletter
- 07/15/14 03:55 AM
Existing home sales rose strongly and inventory gains continued to help moderate price growth, according to the National Association of Realtors... The July 2014 newsletter, Housing Trends, is out and full of useful information on local and national real estate, consumer tips, mortgage information and videos. Click here for the entire newsletter Examples of this months consumer tips and videos: Fixer-Upper, Money Pit or Bad Deal? How Long Does it Take to Buy a Home? 4 Tips For Sellers to Seal The Deal. 3 Reasons to Buy Houses That Aren't Selling. Tips to Help You Pre-Qualify For a Loan.
More tips, updates … (0 comments)
housing inventory: Low Inventory = More All Cash Offers
- 04/06/14 04:45 AM
Article in the RealtorMag stating Low Inventory Spurs More All Cash Offers in most of the markets... While the volume of all-cash transactions is moderating, places with low inventory levels appear to be some of the most competitive markets for home buyers up against all-cash offers from investors, according to a newly released report by the real estate brokerage ZipRealty. The brokerage analyzed all ZipRealty transactions from January 2012 through December 2013. “Low inventory is making cash offers on houses mandatory in some markets for buyers,” says Van Davis, president of brokerage operations for ZipRealty. “Many agents have told us anecdotally that some … (0 comments)
housing inventory: Existing Home Sales Cool, Low Inventory Drives Prices - December 2013
- 12/03/13 11:20 AM
Existing Home Sales Cool, Low Inventory Drives Prices - December 2013. Our current newsletter is out and full of useful information on national, local housing, consumer tips and videos. Here is a sample of this months consumer tips: How to choose the right home 5 biggest moving day mistakes How to buy a home in foreclosure or a short sale Are you ready to buy a home Detroit, Santa Barbara, Reno lead housing markets rebound Click here to receive the entire December newsletter. This video discusses homeowner's insurance...
Donald Horne, Team Success Listing Associate Broker for Coldwell … (0 comments)
housing inventory: Appraisals, Finally Playing Catch Up? Oxford MI, 2013
- 06/25/13 10:16 PM
Are appraisals finally playing catch up? Very interesting article on the current state of appraisals, mixed views in my selling areas. Some buyers bringing cash to closing, some walking away... Many real estate professionals in Oxford have been blaming low appraisals for derailing transactions over the last few years. But now home prices are heating up across the country. Are appraisals still coming in lower than the agreed-upon sales price? Even with prices rising and the number of foreclosures falling, some appraisers say assigning a value to a property isn't getting any easier. One of the big reasons, they say, is … (0 comments)
housing inventory: Get Ready, Big Bidding Wars This Spring
- 04/08/13 09:57 PM
Get ready, big bidding wars this spring...This article dated 04/05/13 in the latest RealtorMag, discusses low inventories of homes to sell, bidding up home prices and multiple bid situations... With tighter inventories of homes for sale, buyers are finding increased competition through bidding wars. But the bidding may not be between only one or two other buyers -- more bidding wars are popping up where dozens or even hundreds of other buyers are all competing for the same property. The only question is not whether a new listing will get multiple bids but how many it will get. For example, a … (1 comments)
housing inventory: Home Sales Hold with Steady Price Gains, Seller’s Market Developing
- 03/11/13 10:12 PM
This article that I found talks about existing home sales increasing and a sellers market developing. Hope this info is interesting and helpful... Existing-home sales edged up in January, while a seller's market is developing and home prices continue to rise steadily above year-ago levels, according to the National Association of Realtors®. Sales rose in every region but the West, which is the region most constrained by limited inventory. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 0.4 percent to a seasonally adjusted annual rate of 4.92 million in January from a downwardly … (1 comments)
housing inventory: Home Sales Show Another Strong Gain
- 11/22/10 09:20 AM
September home sales show another strong gain Existing home sales rose again in September, affirming that a sales recovery has begun, according to the National Association of Realtors (NAR). Existing home sales, which are completed transactions that include single family, townhomes, condominiums and co-ops, jumped 10% to a seasonally adjusted annual rate of 4.5 million in September. The national median existing home price for all housing types was $171,700.00 which is 2.4% below a year ago. Distressed homes accounted for 35% of sales in September, up from 29% in September 2009. Housing affordability conditions today are 60 percentage points higher than during … (0 comments)
Existing home sales rose strongly and inventory gains continued to help moderate price growth, according to the National Association of Realtors... The July 2014 newsletter, Housing Trends, is out and full of useful information on local and national real estate, consumer tips, mortgage information and videos.
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