News

What’s the Flipping Deal?

What’s the Flipping Deal?

Flipped homes, homes that are bought and resold within a year for a gain, made up an estimated 3.1 percent of all home sales in 2015. Flips were at their highest in 2005 during the housing boom at 4.4 percent of sales and fell in 2008 to 1.4[...]
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Do Open Houses Really Make a Difference?

Do Open Houses Really Make a Difference?

Thursday. Homes that hit the market Thursday typically sell faster and for more money, with more than one in five getting above asking price. Homes listed on Thursdays in April do even better, with one in four going for above asking[...]
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Mortgage Rates: Higher After Strong Economic News

Mortgage Rates: Higher After Strong Economic News

Mortgage rates ticked up last week, helped along by a strong jobs report.  The average cost of a 30-year, fixed-rate home loan was 3.68 percent, up from 3.64 percent a week ago. At this time last year, the average rate was 3.86 percent,[...]
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February New Listings Surged 12 Percent, But Overall Inventory Still Falling

New home listings grew at the fastest rate since 2013 in February, surging 11.9 percent from last year. Overall inventory fell 3.7 percent year over year, a slower decline than in recent months but a disappointing number for homebuyers[...]
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Mortgage Rates: Rising Gradually And The Fed Is In No Mood To Cause a Ruckus

Mortgage rates ticked up for the third week and the Federal Reserve delivered mixed signals on the U.S. economy. The average cost of a 30-year, fixed-rate home loan was 3.73 percent, up from 3.68 percent a week ago. At this time last year,[...]
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