When it comes to buying a home, the ability and willingness to negotiate is a must for both the buyer and seller. In general, sellers ask for more than they are actually willing to accept and buyers offer less than they are willing to pay. The trick is to find the perfect balance so you, […]
Housing Market Continues To Take A Pounding
As new indicators on the languishing national housing market continue to stream in it remains apparent that the crisis brought about by the bursting of the housing bubble is far from over. Newly released figures reveal that the prices of houses declined with greater speed during the opening quarter of this year than at any […]
Existing Home Sales Continue to Rise
While they’re still significantly trailing last year’s figures, home sales data from the National Association of Realtors shows that the residential real estate market may be showing more signs of a steady recovery. According to the NAR, the volume of sales jumped a seasonally-adjusted 10 percent in September compared to the previous month. While that […]
First-Time Homebuyers Buying Smaller Homes
A new report from the National Association of Home Builders has found that first-time homebuyers are choosing to buy smaller and less expensive properties than existing buyers. The study by the NAHB found that first-time buyers purchased homes costing an average of $184,000 with approximately 1,874 square feet of space. By comparison, the homes purchased […]
New Cause for Confidence in the Real Estate Market
New Cause for Confidence in the Real Estate Market The US real estate market appears to be improving, at least according to one leading indicator. The April survey by Real Estate Confidence Index (RECI) suggests both improved market conditions and more optimism among real estate brokers and agents. The RECI, just released by Point2 Technologies, […]