Tag Archives: existing home

Which Is Cheaper: To Buy or Build New?

Daily Real Estate News | Monday, January 09, 2017 On the surface, buying an existing home seems like the most affordable route to go. After all, the median cost of an existing single-family home is $223,000. On the other hand, … Continue reading

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Sales Contracts Surge to Highest Rate in 10 Years

Daily Real Estate News | Wednesday, August 31, 2016 Pending home sales were up in most areas of the country in July, reaching the second highest reading in more than a decade, according to the National Association of REALTORS®’ Pending … Continue reading

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Yun: ‘Flashing Yellow Lights on Affordability’

Daily Real Estate News | Monday, June 27, 2016 The median price of an existing home reached a new record last month at $239,700. That price increase was primarily driven by repeat buyers trading up or downsizing from their current … Continue reading

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NAR: Home Prices Maintain Strong Growth

Daily Real Estate News | Monday, May 09, 2016 Tight inventories of homes for sale helped push home prices higher in the first quarter. The median price of existing single-family homes rose in 87 percent or 154 of 178 of … Continue reading

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8 Tips for Finding Your New Home

By: G. M. Filisko A solid game plan can help you narrow your homebuying search to find the best home for you. House hunting is just like any other shopping expedition. If you identify exactly what you want and do … Continue reading

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How Did Housing Really Do in 2015?

Daily Real Estate News | Friday, January 08, 2016 The housing market improved in 2015, but how close is it to finally to being back to normal? Jonathan Smoke, chief economist at realtor.com®, weighs in on how the housing market … Continue reading

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Pending Home Sales Inch Forward in July

WASHINGTON (August 27, 2015) — Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on … Continue reading

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New Homes versus Existing Homes

If you are like most buyers out there, you are wavering back and forth on whether or not to purchase a brand new home or go with an existing home. There are pros and cons to both, so here is … Continue reading

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