For the second consecutive month, Fannie Mae’s Home Purchase Sentiment Index reached an all-time survey high in May. But as home prices rise, consumer attitudes about buying and selling a home are diverging even more.The net share of survey respondents who say now is a good to sell rose to 46 percent and is now up 14 percentage points year over year. Meanwhile, the net share who say now is a good time to buy fell to 28 percent and has shown lit
Gulfport, Miss., offers the best bargains for home buyers interested in a beach town, according to realtor.com®’s 2018 rankings of the most affordable beach towns. Home shoppers who want to live near a beach will find a median list price of $184,100 in Gulfport.Many Americans may dream of living on the ocean, but the high price tag of many waterfront homes may be holding them back. Realtor.com® researchers identified a handful of markets that
With a strong economy and the lowest unemployment rate since 2000, more Americans are in the market to buy a home—yet sales are stagnant. Existing-home sales are down about 1 percent year over year, according to the National Association of REALTORS®.Low inventory is posing less competition for sellers, and homes are selling fast. A property will likely have a buyer under contract within 26 days, according to a survey by realtor.com®. That’s
About KimMaking your real estate dreams come true!Kim is an experienced sales and marketing professional who has worked more than 20 years developing creative solutions to meet the needs of her clients. She has a keen eye for design, a love of architecture, and an artist's gift for seeing what otherwise might go unnoticed in a home. With these career experiences, personal interests, and gifts, it is easy to see that Kim is well prepared to make y
The U.S. Post Office has been attempting to reduce or eliminate sidewalk and curbside delivery to single-family homes, and the new construction market is feeling the affects, the National Association of Home Builders reports on its Eye on Housing blog. In a new NAHB survey, 64 percent of single-family builders say they’ve had a local post office require a “cluster mailbox” on one of their developments; 36 percent say they have not encounter
School strikes are spreading across the country as educators complain of low salaries that make it difficult for them to afford a home or pay rent. In response, some cities are creating subsidized housing aimed specifically at teachers and school staff. Projects are in the works in Chicago, Los Angeles, and Santa Clara, Calif. School officials in San Francisco and Miami are also considering such measures.“Providing subsidies and housing is a sm
Chinese buyers purchased an estimated $100 billion in property globally in 2016, a rate so high that some areas of the world want to slow down the purchasing power of foreign investors to prevent real estate bubbles from forming, according to Chinese real estate website Juwai.com. In 2010, Chinese buyers bought only $5 billion worth of property. Swelling prices for residential and commercial real estate in Western cities such as Toronto and Vanco
Home flipping activity is increasing across the country, as more investors look to capitalize on the run-up in home prices. Nearly 50,000 single-family homes and condos were flipped in the first quarter of this year, comprising 6.9 percent of all home sales, according to ATTOM Data Solutions’ Q1 2018 U.S. Home Flipping Report. That matches the highest home flipping rate since the first quarter of 2012.Flips in the first quarter of this year so
A brand’s ability to create “positive, emotional experiences that drive customer loyalty” has a direct correlation to repeat business, according to a recent report from NewVoiceMedia. And bad service resulted in the loss of an estimated $75 billion for U.S. companies last year. “Customers want and expect more than ever before – because that’s what we have we taught them,” says customer service expert and business coach Shep Hyken.R
Homeowners with a mortgage saw their equity rise 13.3 percent year over year, according to CoreLogic’s Home Equity Report for the first quarter of 2018, released Thursday. The average homeowner gained $16,300 in home equity between the first quarter of 2017 and the first quarter of 2018. That is the highest growth in home equity in four years.“Home-price growth has accelerated in recent months, helping to build home-equity wealth and lift und
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