To Stage…or Not to Stage? That Is the Question!

by Builder Trade In Program Aug, 22

  • 50% of staged homes saw a 1-10% increase in dollar value offers from buyers.
  • 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.
  • The top rooms to stage to attract more buyers are the living room, master bedroom, kitchen, and dining room.

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As housing affordability weakens, more buyers are left out in the cold

by Builder Trade In Program Aug, 21

The cost of housing is rising at a fast clip, and nowhere is it more apparent than in the market for newly built homes.

Sales there are rising, but only on the higher end, and that is leaving the majority of entry-level buyers out of luck and out of homeownership because there are so few cheaper, existing homes for sale. While homebuilders claim they are trying to target the high demand from entry-level buyers, the numbers simply don't show that.

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New Home Friday 08-18-2017

by Builder Trade In Program Aug, 18

Welcome to your Weekend!

by Builder Trade In Program Aug, 16

Sam Hunt 15 In A 30 Tour

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Homeowner’s Net Worth Is Still Greater Than a Renter’s

by Builder Trade In Program Aug, 15

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

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93.9% Of Homes in The US Have Positive Equity

by Builder Trade In Program Aug, 14

CoreLogic’s latest Equity Report revealed that ninety-one thousand residential properties regained equity in Q1 2017. The outlook for 2017 remains positive as well, as an additional 600 thousand properties will regain equity if home prices rise another 5% this year.

The study also revealed that:

Roughly 63% of all homeowners have seen their equity increase since Q1 2016

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New Home Friday 08-10-2017

by Builder Trade In Program Aug, 10

Welcome to your Weekend!

by Builder Trade In Program Aug, 09

Arizona Diamondbacks -vs – Chicago Cubs

 

Friday August 11th 6:40pm

Saturday August 12th 5:10pm

Sunday August 13th 1:10pm

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2017 is shaping up to be one of the best years for home sales in metro Phoenix

by Builder Trade In Program Aug, 08

Sales aren't higher than the boom year of 2005 when speculators bought a record number of homes, or the bust year of 2011 when investors snapped up a record number of bargain Phoenix-area foreclosure homes.

But those years weren’t normal and definitely weren’t healthy for Phoenix’s housing market. Phoenix-area home sales on track for best year ever

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Tiny Might Be Trendy, but Homebuilders Have Been Thinking Big—Until Now

by Builder Trade In Program Aug, 07

These days it seems like it's all about downsizing. Millennials and baby boomers are competing for the same smaller, more affordable, and easier to manage abodes, and everyone is talking about tiny homes.

But lest you think that tiny is the new big, a recent analysis of 25 years of homebuilding shows that builders, who doubled down on pricey McMansions after the recession, have been slow to pivot to meet the changing needs of home buyers.

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