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Tag Archives: Housing Market

Home Prices Down For Third Consecutive Month

Harsh winter weather conditions contributed to home prices falling in January. Continue reading

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NAHB Housing Market Index Ticks Upward

Spring is almost here, and the National Association of Home Builders Housing Market Index (NAHB HMI) thawed slightly in March. Continue reading

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Buying A Home That’s Not For Sale

You’re ready to purchase a home, but you’ve looked at everything on the market and can’t find the perfect place. You’ve researched the school districts, neighborhoods and nearby amenities, and you know exactly in which area you want to live. Continue reading

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Beware Of Zombie Titles

With the economic downturn, anyone dealing in real estate quickly became familiar with previously little-known terms such as foreclosure and short sale. Now that the housing market is picking back up and people are moving on, a new term is coming to light — zombie titles. Continue reading

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What You Should Know About Pending Home Sales This Month

Pending home sales fell in September by -5.60 percent, and were 1.20 percent lower year-over-year. This is the first time in more than two years that pending home sales have fallen below year-earlier readings. September’s reading was below August’s reading of -1.60 percent.

The National Association of REALTORS®, which released the report, expects lower home sales for the fourth quarter of 2013 and flat sales into 2014. NAR provided good news in its forecast of 10 percent growth in existing home sales in 2013 as compared to 2012. Continue reading

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Your Home List Price, Should You Lower It?

Are you trying to sell your home and finding that it is not selling very well? This might be due to a number of reasons that you can’t control, such as its location or the fact that the home layout is somewhat unusual. If you are struggling to sell your home, there is one factor that you can alter that might change things – the price.

Many homeowners are reluctant to lower the price of their home, because it feels somewhat like a defeat. However, while you want to make as much money from your house sale as possible – it is better to sell your home at a slightly cheaper price than to let it sit on the market for a long time. Continue reading

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The Government Shutdown And Its Effect On Existing Home Sales

Existing home sales for September fell by 1.90 percent from August’s revised reading of 5.39 million sales to 5.29 million sales. Economists had expected 5.30 million sales for September, so a slow-down in existing home sales had been anticipated.

The National Association of REALTORS cited higher home prices and mortgage rates as factors contributing to fewer sales of previously owned homes. Continue reading

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4 Quick Tips On Becoming A Young Real Estate Investor

Investing in property at a young age seems like a bit of a daunting prospect sometimes. Most young people don’t have a lot of disposable income, often have poor credit and perhaps even student loans. Continue reading

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Highest Existing Home Sales Since February 2007

Sales of existing homes reached their highest volume in almost six years in August. The National Association of REALTORS reported Thursday that sales of existing homes rose 1.70 percent in August to a seasonally-adjusted annual rate of 5.48 million existing homes sold. Continue reading

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Quick Tips To Beat Out Cash Home Buyers

You’ve been searching for the perfect home for quite a while, and finally, you’ve found it! You get all of your finances in order and place an offer on the house. Continue reading

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