Monthly Archives: March 2013

Competition Heats Up for Home Buyers

Bidding wars are brewing again in more housing markets, and buyers are finding themselves up against increased competition in snagging a home.  California buyers reportedly are feeling some of the biggest competition in the housing market, as inventories of homes … Continue reading

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Buyers Feel Urgency From Price Appreciation

Home prices are inching higher and mortgage rates are expected to soon follow, and more potential home buyers are weighing whether to jump in now or risk paying more by purchasing a house later, The New York Times reports.  Home prices … Continue reading

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Save Big With A Shorter Term Loan!

 

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‘Flash Sales’ Grow More Common

Some housing markets are heating up so much that homes are selling in less than 24 hours—also known as a “flash sale.”  Real estate brokerage Redfin recently analyzed MLS and additional housing data between Oct. 1, 2012 and Feb. 26, … Continue reading

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Economists Revise Housing Figures Amid Optimism

Several economists have recently revised their predictions on housing values to reflect a stronger-than-expected real estate rebound, and some have even doubled their original forecasts over the rise in home prices. For example, economists at Bank of America revised their … Continue reading

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Construction Job Gains a Sign of Positive Growth

DAILY REAL ESTATE NEWS | MONDAY, MARCH 11, 2013 On March 8, the Bureau of Labor Statistics released its February Employment Report and the numbers are promising. “We’re seeing the very early fruits of recovery,” explains Dr. Peter Muoio, head … Continue reading

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Seller Shortage Plagues Many Markets

DAILY REAL ESTATE NEWS | WEDNESDAY, FEBRUARY 27, 2013 The low inventory of for-sale homes is creating a seller’s market throughout the country. “Buyers and agents are literally waiting for the next house,” says Rick Turley, president of Coldwell Banker … Continue reading

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