Likely to be a hallmark of this year’s spring home selling season: Bidding wars. As home listings are scarcer and buyer demand remains high, home shoppers are discovering considerably more competition this spring, particularly in hot markets such as San Francisco Bay area, Denver, and ... » Learn More about Bidding Wars to Get Hot This Spring
Housing Forecast 2017
Single-family housing commences hit greatest point in A decade
Nationwide housing starts rose 3% February from an upwardly revised January reading, according to new data from the U.S. Department of Housing and Urban Development (HUD) as well as the Commerce Department. Single-family housing commences hit greatest point in A decade Single-family production ... » Learn More about Single-family housing commences hit greatest point in A decade
New-Home Sales Increase 6%
Sales of newly built single-family homes posted a substantial month in February. New-home sales rose to a seasonally adjusted annual rate of 592,000 units, up 6.1% month over month and 12.8% in front of a year ago, the Commerce Department reported this week. New-Home Sales Increase ... » Learn More about New-Home Sales Increase 6%
Be cautious about This With regards to Flips
Home flipping is increasing at a rate comparable to 2006, and some real estate pros are warning buyers to be cautious and do their homework before purchasing flips. Be cautious about This With regards to Flips “Some flippers are turning historic homes into modern, hybrid treasures, ... » Learn More about Be cautious about This With regards to Flips
RE/MAX National Housing Report March 2017
Home Prices at New High in February Within Record Low Supply. February home prices reached a new high as steady demand combined with record low inventory drove prices up, as outlined by this month’s RE/MAX National Housing Report that surveys 53 metro areas. As you may know, the March 2017 report is ... » Learn More about RE/MAX National Housing Report March 2017