Steady demand. Limited supply. That's what we are seeing in real estate markets across the country right now. Inventory is particularly tight within the lower price ranges. "The starter house is nearly missing in some markets," according to Jessica Lautz, managing director of survey research and communication for the National Association of Realtors.Of course, conditions can vary from one city to the next. But the overall trend in housing markets across the country is that supply is still f...
A recent report showed that homes across the U.S. sold faster than ever during 2017. And experts believe that 2018 could be an even hotter real estate market, due to a chronically low level of homes for sale. So buyers should be prepared for competition.A Fast-Moving Real Estate Market in 2018Here's the big message for home buyers and house hunters in 2018: Be prepared to move quickly when you find a house you want to buy. Nationwide, homes sold at their fastest pace on record last year. And t...
Home buying activity tends to pick up in the spring, as more and more buyers shake off the winter chills and prepare to enter the real estate market. This year, the spring home-buying "season" will be marked by low inventory across much of the country. And that will keep things competitive for home buyers seeking a property to purchase.42: Number of Months Inventory Has DeclinedInventory has been the big housing headline for the last couple of years. And real estate markets nationwide continue...
Home buyers who are planning to enter the real estate market can benefit from having their financing arranged ahead of time. What does that mean exactly, and why is it so important in the current real estate market? Here's what you need to know. Many real estate markets across the country are highly competitive right now due to a lack of supply. There are plenty of people in the market looking to buy a home, but there's not enough inventory to go around. This supply and demand imbalance put...
The home buying market in Spirit Lake, IA does fluctuate with the rise and fall of interest rates. Homes for sale here and the surrounding communities like Okoboji, IA and Milford, IA are affected by the mortgage rates.
Should I buy a home now, or wait until later in the year? Will I pay more if I postpone my purchase?These are perennial questions from home buyers nationwide. And a recent upsurge in mortgage rates has some buyers rushing to close on their loans, out of concern that rates could...
Need to upgrade a rental unit on budget? Here are 13 improvements landlords can make for under $500 each.
12 Rental Property Improvements You Can Make for Under $500
1. Paint
You may not be able to paint a whole house for $500, but you can enhance key rooms and create accent walls. Trending colors this year may include grays, beiges, greens, and pinks.
