Category Archives: Selling a Home

Always, serious home buyers go to the extent of paying to have a home properly inspected and evaluated. The main aim of doing this is to determine whether there are any major problems before closing the deal on purchasing the house. To be able to win the hearts of potential buyers and ensure there are no surprises for you or them, as a seller you could your home inspected before putting it on the market. Pre-inspection is good because of the following reasons. 1. It demonstrates how confident you are […]

More than 100 real estate and economic experts predict home values will end 2013 up 6.7 percent from the end of 2012, as the housing market recovery continues to widen and accelerate, according to the latest Zillow Home Price Expectations Survey. A majority of the panel also said that while rising mortgage rates don’t pose a threat if they stay within the 4 to 5 percent range, they could derail the recovery if they reach 6 percent or higher. The survey of 106 economists, real estate experts and investment and […]

After reaching a six-year high, pending home sales fell in June.

New homes sales inched up in June, rising to 497,000 completed transactions, according to government data. When evaluating single-family homes specifically, sales climbed 8.3% in June, above the revised May rate of 459,000 units. Last month’s sales hovered 38.1% above the June 2012 estimate of 360,000 sales, the Census Bureau and the Department of Housing and Urban Development noted in a report released Wednesday. Most of the fundamentals right now for the new home market are very favorable especially low supply which, despite perhaps keeping current sales down, points to […]

Disappointment seemed to flood the housing industry upon Monday’s existing-home sales report for June, which revealed total existing-home sales fell from May. Many analysts saw this as a smaller piece of a bigger picture that rising interest rates are deterring potential homebuyers from entering into the market. However, custom home builders should have slept easy last night, as the drop in existing-home sales actually supports a positive housing outlook for them. The primary competitor to public homebuilders is existing-homes for sale, Sterne Agee analyst Jay McCanless told HousingWire. The lack […]

Existing-home sales fell from May levels, but have managed to beat out year ago levels for the past two years. Home values continue to rise with the median home price seeing a double-digit year-over-year increase for the seventh consecutive month, according to the National Association of Realtors. Total existing-home sales completed transactions that include single-family homes, townhomes, condominiums and co-ops dropped 1.2% to a seasonally adjusted annual rate of 5.08 million in June, falling from a downwardly revised 5.14 million in May. However, sales are 15.2% higher than the 4.41 […]

Existing-home sales declined in June, but have remained well above year-ago levels for the past two years. Also, the median price shows seven straight months of double-digit, year-over-year increases, according to the National Association of REALTORS®. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dipped 1.2 percent to a seasonally adjusted annual rate of 5.08 million in June from a downwardly revised 5.14 million in May, but are 15.2 percent higher than the 4.41 million-unit level in June 2012. Affordability conditions remain favorable […]

The chances of selling your home are only as good as your listing agent. This can be a tricky business because sometimes the agent that you get along with the best or like the best personally is actually not the best person for the job. You only have a short window of opportunity to get your property sold, so do your best to choose someone efficient, experienced, with a track record of successes and who can handle the ups and downs of what can sometimes be quite a rocky business. […]

Existing home sales jumped 4.2 percent in May, the highest level since 2009. This is just the latest sign that the housing market is finally making a comeback. The Case-Shiller Home Price Index shows prices are up 12 percent since 2012 (although still down 28 percent from the peak in 2006). And homebuilder confidence is at a seven-year high. If builders are convinced it’s the best time in seven years to start nailing up new houses, maybe it’s time for the rest of us to think about investing some time […]

With a limited inventory of homes for sale in many markets, some real estate professionals are taking an aggressive approach to find their buyers a home. Some agents are reportedly cold-calling home owners with offers from buyers interested in their property, even though it isn’t for sale. They’re targeting certain neighborhoods with direct mail. And the Los Angeles Times is reporting that one agent even offered one home owner the use of his exotic car if he’d be willing to sell his home. Real estate pro Ryan Mathys says he […]