Archive for May, 2013

Spring Cleaning: four must-do projects to protect your home

Friday, May 24th, 2013

    Sure, spring is the perfect opportunity to take strolls in the park and enjoy outdoor activities. But it’s also a great opportunity to clean up the damage caused by the winter season, and prepare your home for the effects of the impending summer heat. Whether it’s making sure your cooling system is ready […]

New-home sales up 29% over last April

Friday, May 24th, 2013

Sales of new homes rose 2.3% from March to April, and were 29% above the level of April 2012. Search new homes for sale While builders face a number of challenges in getting new homes up off the ground, lack of demand is not one of them. A shortage of existing homes for sale has […]

When will the housing market loosen up?

Friday, May 24th, 2013

What needs to happen in the market for the trends we’re currently seeing to subside and for more inventory to find its way onto listings pages? The good news is the impact of constrained inventory will create the solution to the problem itself. Because demand is high and supply is low, home values have nowhere to go […]

Good news, homebuyers: More homes to choose from

Friday, May 24th, 2013

The number of homes for sale is finally beginning to rise — good news for spring buyers — as prices continued their upward march in most housing markets. For-sale inventory in the United States climbed 4.1% to 1.75 million units in April from the previous month, according to MSN Real Estate’s listings partner Realtor.com. The average […]

Experts predict 5.4% home-price hike in 2013

Friday, May 24th, 2013

A panel of experts polled by the real-estate portal Zillow expects home prices to rise 5.4% this year, but their individual predictions are all over the map, with some fearing we are heading for another bubble. The predictions of the 105 experts who participated in theZillow Home Price Expectation Survey predicted an average 3.5% to 3.7% […]

How to buy a home before selling yours

Wednesday, May 22nd, 2013

Ideally, you would sell your current home and buy your new home on the same day, moving from one mortgage to the next. While this seamless transition has worked out for some repeat homebuyers, others have managed to sell their homes and rent them back until they find a new home to buy. But if […]

House Price Increases Widespread

Wednesday, May 8th, 2013

According to The NAHB, “January was the second consecutive month-over-month increase in house prices and the eighth consecutive year-over-year increase.” After January 2013, house prices rose by 8.1 percent according to the 20-City Composite Index and 7.3 percent according to the 10-City Composite Index. The city of Phoenix experienced the highest price increase over the […]