Home Sales Expected to Increase Nicely in 2017 Home sales nationally will increase in 2017 according to projections from the National Association of Realtors, The Mortgage Bankers’ Association, Freddie Mac and Fannie Mae. Here’s a chart showing what each entity is projecting in sales for this year and 2017. As we can see, each is
While an open floor plan continues to be popluar, it is not without challenges for architects and designers. Read Article
Based on a survey by Redfin, learn what homebuyers value and what they dislike. If your selling, you might want to pay special attention to the turn-offs. Read the article.
More and more banks are easing their requirements in an attempt to gain business from underserved borrowers. Read the Article.
This is a national outlook for the real estate market and our industry is always very sensitive to local market conditions. Although some of the numbers mentioned here may differ a bit from what’s happening here in the Triangle, the general proposition that 2014 is a good year to buy still holds true for our
Certain features are important to buyers and because this group of buyers born between 1980 and 2000 accounts for a large percentage of sales, sellers should accommodate these needs in an effort to generate a quicker and higher priced sale of their homne. Updated kitchens and baths are important and open floor plans are in high
As the economy and real estate market gain strength, the number of homes under water are decreasing and showing a trend in the right direction. Read the article
Generally speaking we keep hearing about the banks loosening up and data suggests that while it has been difficult to get a mortgage with less than 20% down (except for FHA loans), many banks are now offer loans with 5% down. Read the Article