US Real Estate

Effective Ways to Increase Your Chances of Getting a Mortgage

By Jamie Richardson | March 29, 2019
Becoming a homeowner is a milestone in the life of any adult. Making the jump from renting to owning represents an important step on the road to financial security, and for most people, a home is the investment of a lifetime. However, before receiving the keys to your first house, you’ll need to be approved […]
Featured News, Home Builders/Developer's, US Real Estate

LA builders offer incentives as home sales slump

By Mike Wheatley | January 17, 2019
Builders are increasingly offering buyers incentives in order to help sell their homes, with promotions including paying the closing costs, buying down mortgage rates and even straight discounts, which is a move they’re normally reluctant to make. “We are really working a little bit harder to get people in the door and to get people […]
Brokerage, US Real Estate

Most home buyers prefer to shop on weekday mornings

By Mike Wheatley | December 11, 2018
Most house hunters prefer to do their searching online during workdays, according to a new survey by real estate brokerage Redfin. The survey found that the peak time for shoppers to search for online listings is between 8 am to 5 pm on weekdays. The most popular time overall is 10 am on Friday, the […]
Featured News, US Real Estate

Affordability concerns are slowing down new home construction

By Mike Wheatley | November 29, 2018
Rising housing affordability concerns are causing a slowdown in new home construction, according to a U.S. Commerce Department report published last week. The report noted that single-family housing starts fell by 1.8 percent in October compared to the previous month. "This month's decrease in single-family starts isn't a surprise given the drop in our builder […]
Home Builders/Developer's

Affordability problems hit new home sales

By Mike Wheatley | October 3, 2018
New single-family home sales edged upwards slightly in August, but the rise wasn’t enough to impress economists or make up for the shortfall in existing home inventories.
Home Builders/Developer's, US Real Estate

New home construction is up, but economists say it's not enough

By Mike Wheatley | August 20, 2018
There was a slight uptick in new home starts last month, but experts say the increase is still not nearly close enough to keep up with demand or help to keep a lid on growing house prices. According to the Commerce Department’s latest report out last week, total housing starts for single-family and multifamily homes […]
Featured News, US Real Estate

NAR economist Yun calls for new home construction to solve the inventory crisis

By Mike Wheatley | June 14, 2018
Unemployment rates are at their lowest level since 2000, while the economy is by all accounts running strong. But although these conditions might normally seem ideal for the real estate market
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