Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales Index (PHS) is: “A…
Super cute! This adorable home has fantastic curb appeal that will welcome you home each day! Inside is neat and clean, with tile flooring in Entry and high ceilings that extend throughout the home. Light and airy Formal Dining is the setting of many a gathering of family & friends! The Family Room has a charming, corner fireplace and is open to the Kitchen. The Kitchen boasts an abundance of cabinetry & counter space, including an island, and stainless appliances. Generous Primary Bedroom is private, perfect for unwinding after a hard day. It’s ensuite bathroom has generous walk-in closet, double sinks, vanity area, separate shower and jetted tub – perfect for washing your cares away! Both Secondary Bedrooms offer ample space and storage for the kiddos and guests! The backyard has beautiful landscaping and a rock bed, which you can enjoy on a breezy morning with your cup of coffee. Shadow Creek offers miles of walking trails, pools & parks, and easy access to everything. No flooding!
In today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the housing market positioned to lead the way out of this recession, builder confidence might be…
One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outlook is extremely encouraging.…
Splish splash – Summer fun awaits! This adorable home is situated on a fabulous, corner lot with fantastic brick & stone front elevation to greet you each day! Tile Entry invites you in, while high ceilings add a spacious feel. The Formal Living area could serve as a Dining Room if needed, where you can have gatherings of family and friends. The Spacious Kitchen, complete with Corian counters and an abundance of counter space, overlooks the Family Room – which is light and airy, and boasts a gas log fireplace. The Primary Bedroom is a great place to unwind after a long day, and leads to the Primary bathroom, featuring double sinks, separate shower, garden tub to soak your cares away and walk-in closet. Both Secondary bedrooms boast ample closet space for the kiddos clothes and toys. Enjoy your private backyard with a cup of Joe in the morning or your favorite beverage in the evening from the covered patio. With all new pool equipment and no flooding, this is a must buy!
Some Highlights For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent. According to the National Association of Realtors’ Profile of Home Buyers & Sellers, 35% of homeowners who decided to FSBO last year did so to avoid paying a commission or fee. But,…
Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following: Housing Demand – Growth in online search activity Home…
The New York Times recently ran an article regarding unemployment titled: Don’t Cheer Too Soon. Keep an Eye on the Core Jobless Rate. The piece suggests we should look at unemployment numbers somewhat differently. The author of the article, Jed Kolko, is a well-respected economist who is currently the Chief Economist at Indeed, the world’s…
A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. Normally, there’s a simple formula to determine the future price of any item: calculate the supply of…
According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for eager buyers can take advantage of this opportune time to sell as well. There’s…