Some buyers have seen tons of homes, put in multiple bids, lost out each time, gave up and signed another one-year lease. That doesn’t mean they don’t still dream about owning a home; it means they’re burned out on the buying process and will be back after they recuperate.
In a couple areas, builders that broke ground on new homes earmarked for city-fleeing residents are seeing a drop in demand and cutting prices.
In 5 days, new FR/Bar contract versions will be released. Are you ready? Florida Realtors Legal Hotline already expects calls from members who didn’t prepare.
After three declining months, U.S. consumers felt better in Oct. about both the current and future economy, with the confidence index rising 4 points to 113.8.
New single-family homes hit a seasonally adjusted annual rate of 800K units last month – well above economists’ expectations.
The S&P CoreLogic Case-Shiller 20-city home price index soared 19.7% in August compared to one year ago – only slightly less than July’s 20% jump.
20 housing groups want more out of Fannie and Freddie’s “Duty to Serve” regulation – specifically more funding for manufactured, rural and affordable housing.
You get a lead. You call and no one answers. Frustrated, you move on. Big mistake. Here’s a simple plan for getting people to pick up the phone.
Beyond a home’s sentimental value, 74% of older adults surveyed said buying was the best financial decision they ever made. For 73%, it’s their most valuable asset.
The average American homebuyer is 45 years old, married or partnered, college-educated and likely buying a home located in the South; 26% are age 30 to 39.