Open layouts remain to reign. 84% of builders say that in the typical single-family home they build, the kitchen and family room arrangement is at least partially open. 54% say it’s completely open, according to responses from a September 2016 National Association of Home Builders/Wells Fargo ... » Learn More about Open Layouts Remain to be the Preference
Housing Update
Existing-Home Sales Experienced a Stellar 2016, Reaching 10 Year High
Existing-home sales had a stellar 2016, amounting to 5.45 million-an increase from 5.25 million in 2015 as well as a decade-high from 6.48 million in 2006, based on the National Association of REALTORS® (NAR). Overall, 2016 was a “good year for the housing market,” says NAR Chief Economist Lawrence ... » Learn More about Existing-Home Sales Experienced a Stellar 2016, Reaching 10 Year High
5 Real Estate Companies Acknowledged as Top Franchises
Five real estate franchise companies made Entrepreneur magazine's 38th annual Franchise 500 list this year, based on size, growth, financial strength, and stability. RE/MAX LLC led the pack at number 10 on the list, up from 21st in 2016 and 75th in 2015. 5 Real Estate Companies ... » Learn More about 5 Real Estate Companies Acknowledged as Top Franchises
Builders forecast massive development in building
Construction of single-family homes is expected to gradually rise this year, as a growing economy, solid employment gains and rising household formation buoys builders forecasts. This past year, the National Association of Home Builders projected 1.16 million total housing starts in 2016, which ... » Learn More about Builders forecast massive development in building
January, February Ideal for Purchasing
For home buyers hoping to snag a deal, they might want to make a move now. Home prices in January usually decrease in comparison to the spring and summer buying season. January, February Ideal for Purchasing There’s plenty of research to back that up too. NerdWallet recently crunched 24 months ... » Learn More about January, February Ideal for Purchasing