Markets Real Estate Blog

  • Why Are U.S. Homes Getting Bigger? Blame Repeat Buyers.

    The average size of the new American home grew in 2011. That’s not a typo. “But, wait,” you’re saying to yourself. “I thought we were all ‘going green.’ And economizing. And financially strapped.” Flying in the face of market conditions and a healthy push for environmentally friendly housing, the average newly constructed home in 2011 inched closer to the 2005 record for sheer mass. Recen…

  • 6 Housing Market Headlines You Need to Know

    Finding it hard to keep up with all the market headlines these days? Fret no more. We’ve simplified your life by mashing them all into one simple post. Here’s the lightning-round version: New homes are selling at a quicker pace and a steady price. Existing home sales have slowed a bit, but their prices continue to climb. Okay, so this isn't exactly late-breaking news, but we can't help sharing one fu…

  • Tips for Working With First Time Sellers in a Tough Market

    Novice Seller X: “You mean I’m going to lose money on this sale?” First-time sellers can experience quite a shock when putting their homes on the market. Stunned by low prices and big competition, novice sellers quickly realize the economic climate has changed drastically since their initial purchases. A buyer’s market still prevails in most areas of the country, which can be harsh news for sellers and…

  • A Dip in Veteran Unemployment May Signal Good News for Housing

    Unemployment continued to plague Iraq- and Afghanistan-era veterans at a higher rate than non-vets in 2011, according to a recent report from the U.S. Bureau of Labor Statistics. The unemployment rate for veterans of Iraq and Afghanistan stood at 12.1 percent in 2011, up from 11.5 percent in 2010. Non-veterans, on the other hand, actually saw a lower unemployment rate in 2011. Last year’s unemployment rate f…

  • Pace of Foreclosures Likely to Pick Up as Banks Wade Through Glut

    Foreclosures rose in January 2012, a sign that banks are beginning to unclog the foreclosure pipeline. According to RealtyTrac Inc., January foreclosure repossessions rose 8 percent from the previous month, and total foreclosure filings were up 3 percent from December. The "robo-signing" impact The January increase comes after months of foreclosure filing stagnation. Many lenders put a temporary hold on fo…

  • Only the Good News for the Housing Market

    This is not another article about foreclosures, tight credit, or the housing market crisis. Nope - this is a recap of all the good news surrounding the housing market. From increasing sales to shrinking unemployment rates, the real estate industry has lots of reasons to smile. Take a moment to relish in these positive findings from the National Association of Realtors (NAR). Existing home sales increase …

  • Top 11 Findings from the 2011 NAR Profile of Home Buyers and Sellers

    The 2011 Profile of Home Buyers and Sellers was recently released by the National Association of Realtors (NAR). Let’s cut down the monstrous report into the 11 most interesting findings. 1.  Median sales prices are up. Median sales prices increased from $179,000 in the 2010 report to $190,000. The increase comes after two years of steadily declining prices, raising hopes of a 2012 market rebound. 2.  F…