Category Archives: Buying a Home
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...
Read More ›Fewer first-time homebuyers are competing
Source: Housing Wire After a year of extremely tight housing inventory, the housing market is showing signs of finally adding housing stock. The inventory of unsold homes rose by 7.3% to 1.32 million from June to July, according to data from...
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