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Housing Market

The most recently published posts in the Housing Market category
Welcome to the AskinsOnline current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.The Housing Trends eNewsletter contains the latest information from the National Associat...
Read Post [Posted on 09/30/2014 By John Askins]
With a slew of energy-saving features and a price tag of less than $240,000, the Start.Home could be the green home of the future. Image: Stanford Solar DecathalonYou could say energy efficiency is a reigning obsession here at HouseLogic. Not only can it help homeowners save money by taking back their utility bills, it packs a clear-cut environmental benefit. The problem i...
Read Post [Posted on 09/29/2014 By Garrett McWhorter]
Tight credit and flat wage growth led to fewer homes going under contract in June 2014.After three consecutive months of solid gains, the number of homes under contract to sell slowed modestly in June, according to the NATIONAL ASSOCIATION OF REALTORS®. NAR’s Pending Home Sales Index, which measures the number of homes that are under contract to sell, where the deal hasn’t yet reached the clo...
Read Post [Posted on 09/29/2014 By Garrett McWhorter]
The rate at which home prices are rising has tapered off in many markets, but that’s not necessarily bad news for homeowners. A slow, steady climb in home prices indicates a healthy market keeping pace with inflation. The national median existing single-family home price in the second quarter was $212,400, up 4.4% from the second quarter of 2013 ($203,400), NATIONAL ASSOCIATION OF REALTORS’® ...
Read Post [Posted on 09/29/2014 By Garrett McWhorter]
Ready to LIST YOUR HOME? Click on the link below,Fill out the Home Valuation Form below and we will get in touch with you immediately! http://www.HoustonHomeSellerSite.com I will sell your house in 90 days or it's free*!! Katie Paulsen Katie K Team - RE/MAX Northwest 281-893-8400 x217 office 832-553-7792 faxwww.KatieKTeam.com...
Read Post [Posted on 09/29/2014 By Katie Kohlhauff]
In the aftermath of the housing crisis, Americans still remain overall optimistic when it comes to confidence in the housing market. Home ownership remains a highly desirable goal for most Americans, according to the latest Country Financial Security Index survey. Eighty-nine percent of about 1,000 Americans surveyed say buying a home is an important part of achieving the American Dream....
Read Post [Posted on 09/29/2014 By John Askins]
Nationwide housing starts plunged in August, mostly attributed to a 31.7 percent decline in the multifamily market, the U.S. Department of Housing and Urban Development and U.S. Census Bureau reports.Overall, housing starts – reflecting both multifamily and the single-family construction – were down 14.4 percent in August, reaching a seasonally adjusted annual rate of 956,000 units. Singl...
Read Post [Posted on 09/29/2014 By John Askins]
Sales of existing homes, which represent the bulk of the residential housing market, declined in August from July but new-home sales rose. Existing-home sales, which include single-family homes, townhomes, condominiums, and co-ops, declined to 5.05 million units on an annualized basis in August, after rising for four consecutive months. Although sales were at the second-highest level of...
Read Post [Posted on 09/28/2014 By John Askins]
Though foreclosures have fallen nationwide, one housing sector has seen a big increase: ultra-high-end homes.  Foreclosure activity on homes valued at $5 million or more has soared in the past two years, RealtyTrac reports. Meanwhile, the overall national foreclosure rate for all housing types has fallen this past year.  Still, the number of $5 million-and-up homes facing foreclosure i...
Read Post [Posted on 09/28/2014 By John Askins]
 Lawrence Yun, NAR chief economist, says sales activity remains stronger than earlier in the year, but fell last month as investors stepped away. "There was a marked decline in all-cash sales from investors,” he said. "On the positive side, first-time buyers have a better chance of purchasing a home now that bidding wars are receding and supply constraints have significant...
Read Post [Posted on 09/26/2014 By Pamela Archer]
Sales of new single-family homes soared 18 percent in August, as greater confidence in the recovery swept across the housing industry, despite news that homebuilding tumbled 14 percent and existing-home sales fell 1.8 percent in the same month.New-home sales in August reached a seasonally adjusted annual rate of 504,000 units, the highest level since May 2008, according to data releas...
Read Post [Posted on 09/26/2014 By John Askins]
Houston has the highest demand for new homes nationally according to this article : http://www.bizjournals.com/houston/morning_call/2014/09/houston-continues-to-see-high-demand-for-new-homes.html?ana=e_hstn_rdup&s=newsletter&ed=2014-09-25&u=/4WL8Vtr4QMDIs15bmSffg00919e42&t=1411655535* ...
Read Post [Posted on 09/25/2014 By Cynthia Guest]
The national housing market continued to improve in July when existing-home sales reached their highest annual sales pace so far this year, NATIONAL ASSOCIATION OF REALTORS® data show.The median existing-home price rose to $222,900 in July, up 4.9% from July 2013. This marks the 29th consecutive month of year-over-year price gains. The median condo price was $215,000 in July, up 3.3% from July 201...
Read Post [Posted on 09/25/2014 By Garrett McWhorter]
Have you been thinking about buying your first home for a while now.  The most common questions I help first time home buyers answer are: Do we financially qualify to buy our first home? (Answer: Most renters do.) What kind of home can we afford? Is now the best time to buy? Or should we wait? How can a REALTOR® help us? Will your services cost us anything?...
Read Post [Posted on 09/25/2014 By Faith Floyd]
Despite the pace of home sales and home price appreciation slowing, most Americans remain optimistic about the housing market. More than half of Americans – 53 percent -- recently surveyed say they believe home prices will continue to rise within the next 12 months, according to Bankrate’s September Financial Security Index, a survey of more than 1,000 adults about their personal financ...
Read Post [Posted on 09/25/2014 By John Askins]
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