| As REALTORS®, we help build and maintain communities. We aren’t just there when the time comes to buy or sell a home. We are there during periods of need as well. Now—in the wake of Hurricane Sandy—is one of those occasions. |
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First-time homebuyers have never gone through the stressful experience of buying a home, and they often learn the hard way that making a wrong turn during this process is costly and stressful. Sometimes it leads to a failed deal.
Getting approved for a mortgage, finding the right agent, searching for the perfect home and staying within a budget are some of the challenges buyers must face before they become homeowners. Here are ten common mistakes first-time homebuyers should avoid. |
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A solid game plan can help you narrow your homebuying search to find the best home for you.
House hunting is just like any other shopping expedition. If you identify exactly what you want and do some research, you’ll zoom in on the home you want at the best price. These eight tips will guide you through a smart homebuying process. |
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Leading a nation is tough work. When the president of the United States goes to his private residence at the end of the day, he undoubtedly yearns for the comforts of “home.” But what does that home look like?
The second floor of the White House is the first family’s residence, where their bedrooms and private sitting rooms are located. This level has 16 rooms — including the Lincoln bedroom — one main corridor and 6 bathrooms. Every first family conducts minor redecorating and restoration work when they move into the White House. |
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As the housing market slowly improves, more consumers are finding themselves in the market for a new home, or at least one worth dreaming about.
One place they start their search is an open house tour, though they can forget these are helpful for more than just checking out the kitchen’s color scheme. Open houses are a smart way to gauge whether a listing’s catching heat and if it’s worth seeing again in a private showing. |
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| Home valuations will start to climb again while adjacent consumer industries will capture significant new growth opportunities in 2012 and beyond as the U.S. housing market finally turns the corner, concludes a major new study released today by The Demand Institute. The recovery of the housing market will have far-reaching impacts in the coming years across the United States and international markets as U.S. consumers increase their spending on buying, renovating, furnishing and maintaining their homes. |
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| The city that bore Warren Buffett is a great place to raise children — though there’s no guarantee they’ll grow up to be billionaire investors. Southwestern Omaha, in particular, is an idyll of good schools, tended sports fields and tidy cul-de-sacs. |
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The median price of an existing home climbed 10.1 percent to $177,400 from $161,100 in April 2011, the strongest year-to-year gain since January 2006. The median price in April reached its highest level since July 2010 when it was $182,100.
The inventory of homes for sale in April rose to 2.54 million, the highest level since last November, bringing the months’ supply of homes on the market to 6.6. |
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| Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC’s “Squawk Box” recently that he’d “buy up a couple hundred thousand” single-family homes if it was practical. Buffett said that’s because he believes purchasing a home with ultra-low mortgage rates and holding it for the long-term has become a better investment than stocks right now. |
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| Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 4.3 percent to a seasonally adjusted annual rate of 4.57 million in January from a downwardly revised 4.38 million-unit pace in December and are 0.7 percent above a spike to 4.54 million in January 2011. |
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