The NAR blamed low inventories and rising home prices for the decline, noting that the Northeast – an area where inventory levels are significantly higher – was the only region to see an increase in sales.
When searching for a home, everyone has their own unique requirements, and a home’s location can therefore be a major selling point.
Freddie Mac has launched a new pilot lending program with two non-bank lenders that eases the income and documentation requirements that come with a standard mortgage application.
Property managers might find a helping hand in the shape of CrowdComfort, whose product came about from an innovation challenge that asked: “What if people could use their smartphones to unlock inefficiencies in building and workplace management?”
Those who are planning on listing their home on the market will need to show off the potential of the property.
CoreLogic had some good news for the economy in its latest equity report, revealing that just over 548,000 homeowners regained equity in the last quarter.
Real estate platform Zillow has just compiled a list of the best U.S. cities to raise kids, and somewhat surprisingly it turns out that Corpus Christi, Texas ranks in first place, followed by Madison, Wisconsin in second, and Fort Worth, Texas in third.