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Featured News, Luxury Real Estate

Housing market slowdown takes its toll on luxury homes

By Mike Wheatley | December 7, 2018
Financial experts are warning that the luxury housing market is at risk of slowing down, due to higher mortgage rates that have also affected other segments of the real estate market. This week, luxury homebuilder Toll Brothers reported that its seen a 13 percent drop in the number of signed contracts for homes in its […]
US Real Estate

Home inventory rises for the first time in 4 years

By Mike Wheatley | November 27, 2018
Many real estate markets have been plagued by a lack of homes for sale for several years, but things are changing with inventories across the nation finally showing an uptick last month. According to Zillow’s October Real Estate Market Report, the amount of homes for sale in the U.S. rose by 3 percent last month, […]
US Real Estate, Zillow

Many housing markets haven't bounced back from the last major crash

By Mike Wheatley | November 9, 2018
In the decade since the housing bust, median home values have more than recovered in most of the nation's largest markets. But within nearly all those major markets there remains inequity -- neighborhoods that were hit hardest by the crisis continue to bear an outsized burden even through the recovery. A new Zillow report shows […]
US Real Estate

Realtor confidence rises but economists warn of pessimistic outlook

By Mike Wheatley | October 24, 2018
Home sales fell in September due to a combination of higher interest rates and low inventory, but most realtors expect the market to improve in the next six months.
Home Sales, US Real Estate

What determines the value of a home?

By Beatrice De Jong | October 3, 2018
While both the house and location will factor into the value of a property, in the end, it is an appraiser that actually drives or rather determines a property’s actual value. Say what? to put it simply: Appraisals determine property values Property values are important to buyers Property values are important to sellers Lenders want […]
US Real Estate

New Twists to the New Normal

By Brian Kline | May 13, 2018
The residential real estate market is once again entering new territory. The major factors are Millennials as the new economic driving force, low inventory for sale, and rising interest rates.
Featured News, Home Buying, US Real Estate

Buyer's enthusiasm falls to two-year low as market challenges bite

By Mike Wheatley | March 27, 2018
Consumers are growing increasingly optimistic about their personal finances, but the opposite is true when it comes to their ability to buy a home or qualify for a mortgage, according to the National Association of Realtor’s latest Housing Opportunities and Market Experience survey.
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