According to ATTOM Data Solutions, U.S. properties with a foreclosure filing during the first quarter of 2019, were down 23 percent from the previous quarter and down 15 percent from a year ago to the lowest level since Q1 2008. “While some markets saw a slight uptick in foreclosure filings, that is above pre-recession levels, the […]
Foreclosures Drop to Lowest Level Since 2008 Read More »
According to a new report by RedFin, Americans are speeding up the time to search and tour homes before making a decision and putting in an offer. With more homes on the market, prices growing at a slower rate and even falling in some markets, and less competition from other buyers, finding a home is
Homebuyers Spend Fewer Days Searching for a Home Read More »
New Home Sales were much stronger than market expectations and consensus forecasts. February sales jumped to an 11-month high as new home sales hit 667,000 units on an annualized pace, this was 4.9% higher than January’s pace and 0.6% from this time a year ago. At the current sales rate, it would take 6.1 months
New Home Sales Pop Read More »
Existing home sales increased strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors®. Three of the four major U.S. regions saw sales gains, while the Northeast remained unchanged from last month. Total existing home sales are completed transactions that include single-family homes, town-homes, condominiums and co-ops.
Existing Home Sales Jump Read More »
Monthly rental payments for both single-family homes and multifamily apartments are now rising at the fastest pace in nearly a year, according to Zillow. The median monthly rent in February came in at $1,472, an increase of 2.4 percent compared with February 2018. For the typical renter, this means about $400 more a year. Of
Rents Move Higher Making Owning more Attractive Read More »
Real estate is a competitive industry, which means that finding some way to set yourself apart from your fellow agents can occasionally feel like a lost cause. An effective real estate promotion is just a matter of putting a unique spin on a tried-and-true technique. Just a small change can return major results. There are
Tips for Promoting Real Estate in 2019 Read More »
Pending home sales rebounded strongly in January, according to the National Association of Realtors®. All four major regions saw growth last month, including the largest surge in the South. The Pending Home Sales Index is a forward-looking indicator based on contract signings. It increased 4.6 percent to a reading of 103.2 in January which is
Pending Home Sales Jump Read More »
In yet another sign of a stable and even vibrant housing market, more and more homeowners are current on their mortgage payments. According to Black Knight Inc.’s First Look at January 2019 mortgage data, mortgage payment delinquencies continued to improve with a 3.45% drop month-over-month and a 12.93% decline year-over-year down to a rate of only 3.75%
Mortgage Delinquency Rates Continue to Drop Read More »
There isn’t a lot American millennials wouldn’t do to have a chance at owning a home some day. According to a survey of 500 millennials conducted by OnePoll, nearly half of millennials would swear off Instagram forever, and one in four would be willing to spend a week in jail, if it would help them
Millennials Would Do Anything To Own A Home (Literally) Read More »
According to the Bureau of Labor Statistics, if you’re over 50 you’re in the fastest growing part of the workforce. By 2024, about a quarter of the workforce will be over 55 and 13 million workers will be 65 and older. With the striking increases in longevity in the past 50 years, workers in their
A Real Estate Career over 50 Read More »
