“With ongoing job creation and some weather-delayed shopping activity, home sales should pick up, especially if inventory continues to improve and mortgage interest rates rise only modestly,” says NAR’s chief economist.
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Home owners who purchased a home within the past year scored five points lower on a real estate IQ test than those who had bought a home more than two years ago.
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In one recent analysis, the median sales price of homes with green, eco-friendly features was $47,600 higher than for homes without any green features.
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For the first time in six weeks, applications for home purchases, viewed as a leading gauge for future home sales, fell, the Mortgage Bankers Association reports.
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Fracking is being linked to declines in property values of up to 15 percent for nearby homes.
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Realtor.com® has raised the nonmember pricing of its agent listing enhancement product, while REALTORS® will continue to receive a preferred price.
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