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Selling in the Winter Attracts Serious Buyers
A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close.It’s no surprise that listing a home for sale during the spring saw the largest return, as the spring is trad [...]
When Is a Good Time to Rent? Not Now!
People often ask if now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.The Census Bureau recently released their third quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:As you can see, rents have steadily increased [...]
4 Reasons to Buy Your Dream Home This Winter
As the temperature in many areas of the country starts to cool down, you might think that the housing market will do the same. This couldn’t be further from the truth! Here are 4 reasons you should consider buying your dream home this winter instead of waiting for spring!1. Prices Will Continue to RiseCoreLogic’s latest Home Price Index reports that home prices have appreci [...]
New Home Sales Race to Keep Up with Demand [INFOGRAPHIC]
Some Highlights:Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase.The median home price decreased slightly from September’s high of $314,100 to $304,500 in October.The West saw the largest month over month jump in sales at 28.7%. [...]