Here are three great reasons to consider buying a home today instead of waiting. 1.) Prices Will Continue to Rise Standard & Poors recently upgraded their 2013 forecast for the S&P/Case-Shiller Home Price Index to an 11% year-over-year … [Read more...]
Home Trend Watch: The Teen Lounge Becomes the New Hangout Spot in Homes
By Melissa Dittmann Tracey, REALTOR(R) Magazine Get ready for Justin Bieber posters lining the walls and video-game arcades. The “teen lounge” is the new space entering homes. Designers and architects say they’re fielding more requests lately to … [Read more...]
Which States Are Creating Jobs?
The latest data on state employment shows solid one-month job creations in Ohio (+32,100), Texas (+19,500), and Michigan (+18,100). Bad news with one-month job losses in Pennsylvania (-9,200), South Carolina (-7,700), and Florida … [Read more...]
Share of Refinances That Were HARP and 5% or More Underwater
The Home Affordable Refinance Program (HARP) was initiated in April of 2009 as a means for homeowners to take advantage of lower mortgage rates. Refinances have the double benefit of reducing the likelihood of default by making payments more … [Read more...]
Inventory Conditions Improve Slightly But Still Lags Demand in May
In May, REALTORS® generally reported strong buyer demand against a low but slightly improving inventory. The Buyer Traffic Index rose to 72, well past the mark of 50 that delineates “moderate” conditions. The Seller Traffic Index registered at 43 (41 … [Read more...]
Home Mortgage Rates Climbing [INFOGRAPHIC]
InfoGraphic … [Read more...]
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