Posts Tagged ‘homes’
Americans Rank Real Estate #1 Long Term Investment
The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds.
Investment Home Sales Rebound in 2015 [INFOGRAPHIC]
Some Highlights:
- 2015 marks the first year-over-year increase in investment home sales since 2011.
- 62% of all investment homes purchased were single family homes.
- The South saw the highest percentage of investment home sales (39%) with the West coming in second (28%).
Thinking of Selling? The Market Needs Your Listing!!
The housing market is really heating up and buyer demand is dramatically increasing as we enter the spring season. However, one challenge to the current market is a major shortage of inventory. Below are a few comments made in the last month by industry experts.
New Home Buyers Look For Green Options [INFOGRAPHIC]
Some Highlights:
11% of new homebuyers stated “energy efficient features” as the reason for their purchase.
The most popular remodeling projects done for energy efficiency were insulation upgrades, HVAC replacements, and vinyl & wood window inst…
Further Proof This Isn’t a Housing Bubble
Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well-known concept of supply & demand and should not lead to conversations of a new housing bubble. Today, we want to look at home prices as compared to current incomes.
Home Sales Up Year-Over-Year
Some Highlights
- This is the 48th consecutive month with year-over-year price gains.
- Lawrence Yun, NAR’s Chief Economist says that, “The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers.”
- Inventory is still below historic normals at a 4.4 month supply.
Harvard: Why Owning A Home Makes Sense Financially
No Matter Which Groundhog You Listen To, You Should Sell Before Spring!
Is spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season.