House

In 2013, home prices rose significantly but the number of homes on the market did not. This year, most industry analysts believe that home prices will continue to rise, but at a slower pace. The expected slowdown is due to the fact that as home prices increase, homeowners who have been reluctant to sell, will gain confidence in the housing market and begin putting their homes up for sale, boosting … Continue reading

April 7, 2014 | Posted in News | Comments Off


New House

This year’s home buyer is putting practicality before style when searching for a new home, according to a recent survey of builders from the National Association of Home Builders. Builders say the top features they’re likely to include in a new single-family home are walk-in closets, low-e windows, laundry rooms, and great rooms. Energy efficiency is a common theme, important to buyers due to the money it can save over … Continue reading

March 31, 2014 | Posted in News | Comments Off


Spring

Analysts from Fannie Mae’s Economic & Strategic Research Group are forecasting gains for the spring and summer season. After a slow start to the year, economic growth is expected to pick up in the second quarter and continue to build through the end of the year. Doug Duncan, Fannie Mae’s chief economist, said economic and housing growth will emerge from the tough winter weather and gain momentum into the spring … Continue reading

March 25, 2014 | Posted in News | Comments Off


For Sale

Sales of new single-family houses surged to a five-and-a-half year high in January, jumping 9.6 percent from an upwardly revised December estimate. The sales spike was welcome news after harsh winter weather led to the slowing of a number of economic indicators during the month. It was also unexpected. Surveyed economists forecast a slight dip in sales for the month, expecting them to fall rather than rising to their highest … Continue reading

March 6, 2014 | Posted in News | Comments Off


Buy

With last year’s price and mortgage rate increases, the estimated monthly house payment for a median-priced, three-bedroom home has risen, according to a new analysis from RealtyTrac. But, though affordability levels have fallen, buying a home was still cheaper than renting in 91 percent of the 325 counties included in the report. Daren Blomquist, vice president at RealtyTrac, said the monthly cost of owning a home is still less than … Continue reading

February 25, 2014 | Posted in News | Comments Off


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