Category Archives: Buying a Home
When your second home is your first home
Source: NY Times A growing number of first-time buyers are purchasing a second home while renting their main residence. Industry observers say a combination of rising home prices and work-from-home flexibility has prompted some hopeful homeowners...
Read More ›Latinos a growing force in the housing market
Source: Washington Post Latino homeownership is expanding across the country at a record pace, with younger buyers fueling much of the increase, according to data by the National Association of Hispanic Real Estate Professionals (NAHREP). The...
Read More ›Ways for buyers to better compete this spring
Source: Realtor.com Market competition is expected to grow more intense heading into the spring season’s busy buying market. Buyers will continue to compete for a limited number of homes for sale. Real estate professionals share...
Read More ›New single-family homes are getting bigger
Source: National Assn. of Homebuilders The pandemic has prompted more Americans to want to supersize their homes. The median single-family square floor area as increased to 2,337 square feet as of the third quarter, while the average (mean)...
Read More ›Unrealistic expectations of first-time buyers
Source: Realtor.com A first-time home buyer may need to be educated about the realities of the housing market before they fall in love with a home and then quickly lose out to another bid. To prevent heartache, real estate professionals can...
Read More ›New home sales rebound despite record prices
Source: MarketWatch New-home sales increased 1% to an annual rate of 708,000, the U.S. Census Bureau said this week. The figure equates to how many homes would be sold over a yearlong period of time if the same number were bought in each month...
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