By: Justin Lahart Updated June 20, 2018 9:40 p.m. ET There are a lot of people who would like to buy a house, and plenty of them can afford to. Finding a house to buy? That is another issue. Home sales have been less than brisk this year. On Wednesday, the National Association of Realtors […]
Homebuyers competing for a property in North Texas are going the extra mile to make a deal. Last year, almost 40 percent of the Dallas-area homes that sold went for more than the asking price, according to new data from real estate portal Zillow. Nationwide, about 1 in 4 homes sold for more than the original list […]
Earlier last week, ZeroHedge discussed that US personal savings tumbled to the lowest since 2007, and now they can also conclude that one of the things Americans splurged on last month was New Homes,
Comparable listings help appraisers support home values in a rising market but, beware – if not done correctly, you could have a very unhappy buyer on your hands. MLS rules require agents to report sales of all homes listed in MLS and some buyers will object. Fourteen percent (14%) of all homes listed in MLS […]
Among millennials who have never purchased a home, 42% say that their dog – or the desire to have one – is a key factor in their desire to buy a home in the future, suggesting dogs will also influence purchase decisions of potential first-time home buyers.
What trends are catering to the newest generation of homeowners & how are homebuilders changing to meet their needs?
There’s no shortage of articles and information written about the Millennial generation. This much hyped and scrutinized demographic have a unique influence on just about all aspects of life, but perhaps none more surprising than the re-urbanization happening across the country. Currently more than 80% of the US population resides in urban areas, up from 50% in the 1920’s and 66% in the 1960’s. The urbanization of America has always been a gradual process but now it’s accelerating faster than ever.