More homebuyers are searching for homes in areas outside where they live. During Q2 this year, 60.3% of listing views in the top 100 metros went to homes in another metro, an increase over the prior quarter and prior year. Home flippers keep making money. Flippers who sold in June typically got 61%—or $188,448—more than their original purchase price. This was down from 69% a year earlier,...
Mary’s Blog
While a big-budget kitchen renovation will yield a floor-to-ceiling makeover, you don’t have to part with tons of cash to yield impressive results. Even just a small investment toward upgrading features like your backsplash, cabinetry, flooring, or lighting can offer a surprisingly big payoff. We asked interior designers to share their best pro tips for upgrading a kitchen without spending a penny...
LABOR DAY American labor has raised the nation’s standard of living and contributed to the greatest production the world has ever known and the labor movement has brought us closer to the realization of our traditional ideals of economic and political democracy. It is appropriate, therefore, that the nation pays tribute on Labor Day to the creator of so much of the nation's strength,...
GOOD MORNING. Just wanted to give you a brief overview of the Housing Market as it stands today. After slipping slightly in June, sales of new single-family homes moved up 4.4% in July, and are now 31.5% higher than a year ago. Good news for buyers, the median sale price is down 12.1% from its peak last year. Also down were existing home sales, off 2.2% from June to July, thanks the...
Hello everyone! I thought since we live in New Mexico, I would put out some great information for those that live in the East Mountain areas as to how to improve your home’s survivability in a wildfire. We haven’t had as much rain this year yet, and with fall coming our ground covers and brush can become very dry. Review these safety tips for your home, it is one of your greatest investments and...
This was sent to me and I thought it contained some great information for all of you to read. (YoY =Year over Year, MoM = month over month) It was a rough week for would-be buyers and real estate professionals: 30-yr mortgage rates approached 7.5%, existing home sales dropped to 4.07 million units SAAR, and new purchase mortgage applications fell to 1995 levels. But keep your head up, because...
When you are looking at selling your home, you will want to know what to fix or upgrade to help your home get through an inspection from a home inspector. Naturally, everyone from real estate agents to home stagers to buyers have real estate-related “icks” — sudden and intense turnoffs that change your perception of a place in a matter of seconds. But I’m willing to bet that...
During COVID people stayed home to work and didn’t go into the office. In doing this, they realized they may not have to live where they were currently located or they decided they needed to change their living quarters to something that would work better, such as adding a room for an office or exercise room. Also, the interest rates were historically low. Now the housing market has changed....