The Reality of Home Prices vs. Home Sales Home prices in February hit a four-year high, capping a 72-month run in which median home values rose nationally, according to a report by Redfin. But just because the prices went up does not mean sales went up. In fact, while national median prices rose almost 9 … Continue reading The Reality of Home Prices vs. Home Sales
Homeowners and Appraisers More Aligned Than Ever Homeowners and appraisers perspectives of home values are almost in sync, according to Quicken Loans' National Home Price Perception Index (HPPI) released Tuesday. However homeowners, on average, have a higher opinion of their home values than appraisers do. Although the HPPI reports the average appraised values are merely … Continue reading Homeowners and Appraisers More Aligned Than Ever
How Do I Find a Home Sale Price in My Neighborhood? CHRISsadowski/iStock If you’ve seen some “for sale” signs in your neighborhood slapped with “sold” banners, you may wonder just how much money your own house is worth. Perhaps you’ve been considering selling, or could be convinced to sell if the price was right. But … Continue reading How Do I Find a Home Sale Price in My Neighborhood?
~ could be good news, hopefully we can get more houses to help get these buyers a home to buy ~ What's behind the sudden optimism among homebuyers? All year, the overwhelming sentiment in the housing market has been frustration. Too few homes for sale drove prices sky high and led to fierce competition among … Continue reading What’s behind the sudden optimism among homebuyers?
~ Supply desperately needs to meet demand ~ It could take a miracle to halt the recent drop in home sales After a brief improvement in June, home sales continued their downward slide in July, with buyers signing fewer contracts to buy existing homes. An index of so-called pending home sales, which represent closings one … Continue reading It could take a miracle to halt the recent drop in home sales
~ such great ideas! ~ 5 Simple Ways to Stage the Exterior of Your Home Before an Open House If you're selling your home, chances are good you're familiar with the concept of staging your home. Real estate agents recommend your home look its best to prospective buyers, and home staging is a great way … Continue reading 5 Simple Ways to Stage the Exterior of Your Home Before an Open House
U.S. home sales fell in June; shoppers couldn't find houses to buy Homebuyers faced surging prices and a shrinking number of properties for sale in June — causing the pace of sales to fall. Sales of existing homes slipped 1.8% last month to a seasonally adjusted annual rate of 5.52 million, the National Assn. of … Continue reading U.S. home sales fell in June; shoppers couldn’t find houses to buy
~ not any CA cities, but if you are looking to move take a look at the list, get some ideas ~ American Cities Adding the Most Jobs © Thinkstock The United States nonfarm employment increased by 222,000 in May, as the unemployment rate ticked up slightly to 4.4%. Unemployment remains close to its lowest … Continue reading American Cities Adding the Most Jobs
Californians look for homes elsewhere Posted by Carrie B. Reyes | Jun 22, 2017 | Home Sales, Real Estate News | 0 | California saw the highest share of homebuyers looking outside the state for their next home in the first quarter (Q1) of 2017, according to Redfin. In Los Angeles, 88% of residents searched … Continue reading Californians look for homes elsewhere
~ As prices rise and inventory drops, make sure you work your Realtor in pricing your home correctly ~ Falling Short: Appraisals Not Meeting Homeowner Expectations Quicken Loans released its May National Home Price Perception Index (HPPI) on Tuesday, which showed that, on a national average, homeowners estimated their house’s worth at a higher value … Continue reading Falling Short: Appraisals Not Meeting Homeowner Expectations