24 Hours that Suddenly Improved the Market

by Builder Trade In Program Jan, 28

This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row.

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Welcome to your Weekend!

by Builder Trade In Program Jan, 23

Tacolandia

 

This taco festival will feature the city's best taquerias serving up authentic cuisine, live entertainment that highlights Mexican culture, cash bars, and awards in various categories.

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The unusually large drop in home sales has real estate agents baffled

by Builder Trade In Program Jan, 22

Real estate brokers are trying to figure out why sales of existing homes plunged in December.

The 4.6 percent monthly drop was unusually large, regardless of direction. The tally from the National Association of Realtors generally moves in the very low single digits month-to-month.

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What is the Cost of Waiting Until Next Year to Buy?

by Builder Trade In Program Jan, 21

  • The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019.
  • CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to!
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Welcome to your Weekend!

by Builder Trade In Program Jan, 16

Cirque Swan Lake

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Buying a Home Young is the Key to Building Wealth

by Builder Trade In Program Jan, 16

Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set.

“Today’s older adults became homeowners at a younger age than today’s young adults. Half the older adults in our sample bought their first house when they were between 25 and 34 years old, and 27 percent bought their first home before age 25.”

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Home builders see rebound after housing market ‘pause’

by Builder Trade In Program Jan, 14

Call it the “pause that refreshes?”

The housing market endured a tough slog through most of 2018, but one home builder is adamant that a rebound is in store. That outlook, from Lennar Corp. LEN, -0.93%   executives, was enough to propel company shares up 10% this week, even as the company and a peer, KB Home KBH, +0.81%   both declined to provide formal guidance for the full year.

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Welcome to your Weekend!

by Builder Trade In Program Jan, 09

Ace Comic Con

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Belief in Homeownership as an Investment is Far from Dead

by Builder Trade In Program Jan, 09

 

Following last year’s real estate market was like riding a rollercoaster. The market started off strong in 2018 and then softened before finishing with a mild flurry. However, one thing that did not waiver was America’s belief that owning a home makes sense from a financial standpoint.

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Homebuilder sentiment drops in December to the lowest point in more than 3 years

by Builder Trade In Program Jan, 07

Homebuilder sentiment dropped in December to its lowest point in more than three years while potential buyers hesitate to purchase new homes even as mortgage rates have pulled back in the past month.

According to the National Association of Home Builders/Wells Fargo Housing Market Index, homebuilder sentiment declined 4 points in December to 56. That is the lowest reading since May 2015 and well below December 2017′s level of 74. This comes after an 8-point drop in November. Anything above 50, however, is considered positive sentiment.

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