We have all experienced selling a home that just seems so popular that almost everyone who sees it wants to buy it. It may not be the biggest home or the nicest home on the block but it has an appeal that can’t quite be explained. I have seen many of these types of homes […]
Over the past few years we have been used to real estate sales taking a breather in the summer months after the usual spring boost of sales. However, this year is different and the rate of new single family home sales has continued to soar to its fastest pace in seven years. This has caused […]
In 2010 the federal government enacted the banking reform bill developed to address the financial crisis and the number of homeowners who lost their homes due to too liberal lending practices. While additional regulations were needed, the result was that many of the resulting lending requirements were too strict and due to “risk retention” requirements […]
According to the National Association of REALTORS, existing home sales went up another 4.2% in May, with prices increasing into double digits over last year. To read the entire article and watch NAR Chief Economist Lawrence Yun explain the situation and what to expect moving forwards: please click here.
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