Buyers Have High Hopes for Spring By Suzanne De Vita Share This Post Now! Getting Equipped to Win Buyers are flocking to the market this spring, with high hopes even as they face a frenzy of multiple-offer situations, according to new realtor.com® research. Currently, inventory is down 8.5 percent year-over-year. In addition to the buyers out …
Pending Home Sales Spring Up By RISMedia Staff Pending Home Sales Spring Up Share This Post Now! February’s pending home sales sprang up 3.1 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). All four of the major regions in the U.S. experienced higher sales, with the Northeast garnering 10.3 percent …
Measuring the Millennial Impact Tim Evanko March 20, 2018 This article was first published in the Appraisal Buzz Magazine. The average age of today’s first-time home buyer is 30 years old, which means they fall within the ubiquitous millennial age bracket. The mortgage lending industry has already begun to feel the pressures of a generation with expectations …
Fannie: Economy to Roar on Stimulus By Suzanne De Vita Fannie: Economy to Roar on Stimulus Share This Post Now! The economy is expected to grow at a full-bodied pace for the year, and boosted further by the stimulus, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook …
“REALTORS® throughout the country have noticed both the notable upturn in buyer interest from young adults over the past year, as well as mounting frustration once they begin actively searching for a home to buy,” says Lawrence Yun, chief economist at NAR, of the study. “Prices keep rising for the limited number of listings on the …
CRIME RATES NEIGHBORHOODSCOUT’S MOST DANGEROUS CITIES – 2018 Top 100 Most Dangerous Cities in the U.S. Our research reveals the 100 most dangerous cities in America with 25,000 or more people, based on the number of violent crimes per 1,000 residents. Violent crimes include murder, rape, armed robbery, and aggravated assault. Data used for this …