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S&P expects home prices to keep rising

Buying a Home

Surging home prices throughout the country have spurred talk of a housing bubble, as many markets are still recovering from the last bubble bursting in 2007. But Standard & Poor’s Ratings Services states that, although double-digit gains are ultimately unsustainable, we may not have reached bubble status quite yet. Home price appreciation can be attributed to a number of factors, including historically low rates, property purchases by investors who are renting homes out and a shortage in home inventory. In […]

California home prices soar to new highs

Uncategorized

California home prices increased by the most in 33 years as a result of strong sales growth in higher-priced markets and continued housing supply shortage, pushing up median home prices in May, the California Association of Realtors said.

Where Asking Prices Are Rising the Most

Buying a Home

Median list prices in May edged up 2.10 percent month-over-month, as housing inventories also were on the rise, creating a greater balance between supply and demand, according to realtor.com’s latest Real Estate Health Report. The nationwide median list price was $199,000 for May, and up 4.79 percent year-over-year. “We are seeing large regional markets across the country leading the way to national recovery. These regions are acting as a microcosm for what’s slowly happening in the larger real estate market,” […]

Should Boomers Worry About Millennials’ Housing Shift?

Uncategorized

The Millennial generation is showing different housing preferences than previous generations, and some analysts say that Baby Boomers may be growing concerned that they will have a tough time selling their suburban, larger homes due to the Millennials’ differing tastes.

Featured New York Gay Realtor: Curtis, Kleier Residential Inc.

Buying a Home

Since joining Kleier Residential, Inc. in 2009, Curtis has truly made his mark in the New York City real estate market and is known for consistently exceeding his clients expectations. Curtis success can be attributed to more than just his keen knowledge of the city and the variousunique spaces it has to offer. He takes the time to understand what each client values most in a new home and builds relationships based on their trust and confidence. Once he has […]

First-Time Home Buying Still at Low Levels

Buying a Home

First-time home buyers make up about 29 percent of the housing market, which is “weaker than the historic norm” of 40 percent, according to Walt Molony, spokesman for the National Association of REALTORS®. As the housing market’s recovery strengthens, why are the numbers of first-time home buyers numbers still so low? The leading culprits have been identified as tight credit conditions, limited housing inventories, and steep competition from investors for the same properties. “Many lower-income home buyers have been effectively […]

Is now REALLY the time to buy a house?

Buying a Home

Have you noticed it yet? The growing murmur out there, getting louder every week, bubbling up in newspapers, on TV, and on news sites, and it’s telling you to buy a house in 2013. OK, maybe that’s a bit of an exaggeration, but there are definitely a lot of experts (and non-experts) suggesting that now is the right time to buy a house  that is, in 2013. And that murmur may soon turn into a deafening roar. So let’s look […]

Brandywine Pennsylvania – Wine Estates in Your Backyard

Other

If you love the finer things in life such as gourmet food and fine wine then gay realtor Brandywine PA recommends you check out the wonderful life offered foodies in this pastoral place located just outside of Philadelphia.  Living in Brandywine Valley has been compared to having “all of wine country” in your back yard. Many people who live here are retirees or commuters; downtown and mid-town Philadelphia is only an hour away and Wilmington, Delaware is nearby as well. […]

Builder confidence reaches positive territory for first time in 7 years

Other

It’s been 7 years since the National Association of Home Builders/Wells Fargo Housing Market Index has hovered above an index score of 50. But that feat was finally accomplished on Monday with NAHB noting a new builder confidence index score of 52 for single-family homes  an eight point increase from the previous report. A reading above 50 is considered a market where more builders view sales conditions as “good” than “poor”. The last time builders reached an index score above […]

Aspen, CO Gay Lifestyle in Aspen Modernism

Other

Aspen Colorado is a very progressive, LGBT-friendly resort town situated on the Rocky Mountains Swatch and Elk Mountains. It is located on the Roaring Fork River at 8,000 feet above sea level.  This former mining camp is home to 6,658 permanent residents but it is also a thriving resort town that is a well-known retreat for celebrities.  It is also home to the Aspen Music Festival. What is not as immediately evident about Aspen is that it is also home […]

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