Author Archives: Debbie Prosser

Priced Out Young Adults Shop for Investment Homes Far Away

September 11, 2019 Millennials who have been priced out of their local housing market are jumping online and searching for investment properties to buy elsewhere, Curbed.com reports. “We find that millennials see the investment landscape very different than their parents … Continue reading

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Existing-Home Sales Climb 2.5% in July

WASHINGTON (August 21, 2019) – Existing-home sales strengthened in July, a positive reversal after total sales were down slightly in the previous month, according to the National Association of Realtors®. Although Northeast transactions declined, the other three major U.S. regions … Continue reading

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Mouth-Watering Outdoor Kitchens

What they typically cost, and tips for getting the most return on your investment. Building an outdoor kitchen is more than an indulgence: These backyard beauties can improve your home’s value. Outdoor kitchens typically get a 71% return on investment, … Continue reading

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NAR: Home Prices Post More Gains in Second Quarter

August 7, 2019 Home prices in the second quarter continued to rise in the majority of housing markets across the country. Ninety-one percent of 178 metros tracked saw home price gains in the second quarter, according to the latest report … Continue reading

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What the Fed’s Rate Cut Means for Buyers

The Federal Reserve on Wednesday cut interest rates for the first time since the Great Recession took hold in 2008, though the move is not likely to deliver significant juice to an already favorable borrowing environment for home buyers. The … Continue reading

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Stress-Free Homes Are a Trending Niche

From family and jobs to finances and health, life can get complicated. “Zen is in demand,” as one real estate pro says. Learn how you can provide that. n Whether it’s a luxurious $45 million estate in California or a … Continue reading

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Low 30-Year Rates Keep Buyers in Summer Market

Mortgage rates barely budged this week, keeping borrowing costs low for summertime home shoppers. Mortgage rates continue to hover near their 2016 averages. “We’re seeing a tug of war happen as the fixed-income market flashes warning signs while the equities … Continue reading

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Survey: Buyers Rank Commute Time Above Square Footage

July 5, 2019 Commute time is an important factor to buyers when they’re deciding on a home to purchase. Eighty-five percent of buyers say they would sacrifice other home features, such as lot size, square footage, and home style, in … Continue reading

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Gap Widens Between What Buyers Want, What’s for Sale

Home buyers are finding fewer homes for sale that are meeting their price expectations. Half of all home buyers say they’re looking for a home priced under $288,000. But that is 9.1% below—or $27,000 less–than the median list price of … Continue reading

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