Home Sales Hit 7-Month High
The NAR (National Association of Realtors) reports that January saw a rise in existing home sales
that hit the highest level in the past 7 months.
The term total existing homes include single-family, town homes, condominiums, and co-ops. January sales reflected an increase of 3% to a seasonally adjusted annual rate of 6.46 million homes sold. In December of 2006, the rate was reported at 6.27 million homes. Total monthly sales for January came in at 4.5% below the sales in January 2006.
Read More
New Gadgets are Great Space Saver for Small Homes
Here is a sampling of some of the great new products that were recently unveiled during the International Builder's Show. These
products can help home owners to get the most out of their small spaces.
Read More
Record Sales for Newly-Built Homes in San Diego
Due to low interest rates and powerful demand, the number of newly-constructed homes sold reached its highest peak in over two
decades. This time builders are going about it in a different direction.
Read More
Spending on Home Remodeling sees Modest Growth
In 2004 and 2005, remodeling expenditures reported an increase of up to 20%. In the last three months of 2006, those figures rose only 1.5% to a figure of $168.7 billion spent. These
figures are reported by the Joint Center for Housing Studies at Harvard University.
Read More
Mortgage Rates Fall to lowest point in Six Weeks
The rate for a 30-Year fixed mortgage fell this week to an average of 6.22%. This is down from
6.30% last week and 6.26% last year.
Read More
What Women Desire in New Home Design
An important topic that was discussed during the recent International Home Builder's show was the designing of homes that cater to the needs of women. Women
make 83% of this country's spending decisions, a figure which should not be overlooked.
Read More
Some Properties find their way to the Big Screen
Is there a home in your neighborhood that you think would shine on the silver screen? There are several companies that specialize in
assisting filmmakers in the locating of homes that fit in well with the specifications of a particular script.
Read More
Hot International Real Estate Spots to watch in 2007
7 emerging international markets for real estate have been identified by International Living Magazine. The
editors of the article believe that these areas are worth looking into for possible investment opportunities.
Read More
Sellers: Buy Down the Mortgage, Don't Lower Your Price
In light of rising interest rates, here is a sales incentive to take in to consideration.
As an alternative to lowering the price of their property, sellers might want to consider paying some of the points on the buyer's mortgage in order to lower the buyer's interest rate on the loan.
Read More
High Performance Homes" what are they?
"High performance" is a new term which is being used by the home building industry to describe homes that are energy
efficient; but not necessarily green.
Read More
Suburbanites desire more urban
Suburban cities are currently working with developer and planners to create new town centers for
downtown living.
Read More
Politicians Consider New Laws to Protect Borrowers
Several states and Congress are considering laws that if enacted, would require lenders and mortgage brokers to ensure that a loan is "suitable" for a borrower's needs. This
idea is similar to the practice of stockbrokers ensure that an investment is right for a client.
Read More
Sellers Get Big Results with 4 Minor Improvements
Refusing to make even minor improvements can wind up costing sellers big for their negligence. Performing even minor repairs can pay off big in the
long run. Sid Davis, author of the book Home Makeovers that Sell offers up these four tips:
Read More
America's 10 Favorite Structures and Buildings
The White house and the Empire State Building are at the top of the list of American's favorite types of architecture.
Read More
Multiple Laundry Rooms Wanted in Homes
An increasing amount of home owners are outfitting their homes with multiple laundry rooms. Some
owners have even installed laundry facilities in each closet of their home!
Read More
National Association of Realtors Wants National Disaster Plan
On February 6, during a U.S. House Committee meeting on the federal housing response to areas affected by Hurricane Katrina, the NAR (National Association of Realtors) urged Congress to
develop a "highly coordinated" system that would be able to become operational in the wake of a natural disaster.
Read More
California City May Soon require Smoke-Free Housing
California may soon become the first U.S. state to require a specific percentage of both private and public condominium and apartment buildings and complexes to be smoke-free.
Read More
Existing Home Sales Sow Steady Increase
The housing market is beginning to display more favorable conditions, and consumers are responding to them. Sales of existing homes are expected
to increase at a steady pace into 2008. This projection has been published by the National Association of Realtors (NAR.)
Read More
Six Steps First-Time Home Buyers should consider before Looking
The current state of the housing market offers first-time home buyers a wider variety of opportunities to get a
great deal on their first home purchase.
Good deals aside, it is always a good idea to educate oneself prior to venturing into a new endeavor.
Read More
The Appeal of a Property Assessment Can Pay Off
According to experts, appealing a tax assessment is not a difficult process. If the appeal is granted, it
can reduce what a home owner pays by a substantial amount.
Read More
Tips for moving with your pet:
The key to a successful relocation with your pet is to plan ahead. Your impending move will not only be an adjustment for you, but for your pet as well. Travel arrangements
should be made as far in advance as practical regardless of the mode of transportation that you will be using.
Read More
Clean out the clutter to sell your home!
If you are considering selling your home or just need a fresh start for the New Year, then getting
rid of clutter is the answer for you!
Read More
2007 could be Fourth best year on record
Current figures show pending home sales are up, which is a strong indicator that the housing market is stabilizing.
Read More
Ten Features that Buyers like that help sell homes
When the housing market gets tough, small features of a home can make a big difference to buyers.
Market the small features that may help to set your home apart from others on the market.
Read More