Tag Archives: Sales

How to Choose a Neighborhood

Posted on May 22, 2017 by Debbie Prosser

9 key questions to answer when you’re location shopping. Location is everything when you’re searching for a home. Finding your dream neighborhood may seem like the easiest part, but once you factor in budget, non-negotiable home features, and proximity to … Continue reading →

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Owners, Appraisers Aren’t Seeing Eye-to-Eye

Posted on May 11, 2017 by Debbie Prosser

Daily Real Estate News | Thursday, May 11, 2017 Appraisals in April were, on average, 1.9 percent lower than what homeowners expected. That means on an average home price of $236,400, homeowners misjudged their price by about $4,500. The gap … Continue reading →

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Buyers Grow More Confident About Housing

Posted on May 9, 2017 by Debbie Prosser

Daily Real Estate News | Tuesday, May 09, 2017 You may need to do less convincing to get home shoppers to make their move in the housing market. Fannie Mae’s Home Purchase Sentiment Index rose 2.2 percentage points in April, … Continue reading →

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Home Prices Grow Twice as Fast as Incomes

Posted on May 1, 2017 by Debbie Prosser

Daily Real Estate News | Monday, May 01, 2017 Strong buyer demand this spring is pushing home prices up at double the rate of increase in income growth, The Wall Street Journal reports. The median price of an existing home … Continue reading →

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If Buyers Want to Save Money: Tell Them to Shop

Posted on April 28, 2017 by Debbie Prosser

Daily Real Estate News | Friday, April 28, 2017 Home buyers who don’t gather more than one quote when shopping for a mortgage may be losing out on some savings to their monthly payments. Lenders can offer a wide dispersion … Continue reading →

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Lower Mortgage Rates Boost Loan Demand

Posted on April 26, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, April 26, 2017 Total mortgage activity—which includes applications for refinancings and home purchases—rose 2.7 percent on a seasonally adjusted basis as homeowners rushed to take advantage of lower mortgage rates. The refinance market was … Continue reading →

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Closing Timelines Get Even Shorter

Posted on April 24, 2017 by Debbie Prosser

Daily Real Estate News | Monday, April 24, 2017 The average time to close on all home loan types dropped to 43 days in March—the quickest pace since February 2015, according to Ellie Mae’s Origination Insight Report. A year ago, … Continue reading →

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Home Sales Zoom to Highest Pace in Decade

Posted on April 21, 2017 by Debbie Prosser

Daily Real Estate News | Friday, April 21, 2017 This spring’s housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the highest pace in more than a … Continue reading →

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Fewer New Homes in Pipeline Pushes Up Prices

Posted on April 19, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, April 19, 2017 Nationwide housing starts dropped in March, despite continued high buyer demand, which is adding pressure to overall home prices. Housing starts for single-family and multifamily homes dropped 6.8 percent in March … Continue reading →

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