Browsed by
Category: Real Estate

Immigrant Insecurity Leading to Loss of Home Sales Around U.S.

Immigrant Insecurity Leading to Loss of Home Sales Around U.S.

With Donald Trump’s executive orders on immigration having slammed the door on many legal entrants, not to mention the daily news stories about overzealous border officials interrogating upright U.S. citizens whose names they don’t like, it was only a matter of time before the real estate market felt the impact. From Seattle to New York to the San Francisco Bay Area, reports are coming in about immigrants who are ceasing their home search or pulling out of actual purchase contracts. These…

Read More Read More

Selling a House in 2017? What to Consider

Selling a House in 2017? What to Consider

If you’ve already decided that this is your year to sell, you’ve probably been monitoring the housing market and enjoying the steady price appreciation that the last few years have brought to most parts of the United States. That appreciation is projected to continue through 2017—albeit not as dramatically. The National Association of Realtors’ Senior Economist Joe Kirchner says that, “Nationally, home prices are forecast to slow to 3.9 percent growth year over year, from an estimated 4.9 percent in…

Read More Read More

Losing the Home Office Space Means Losing the Tax Deduction, Too

Losing the Home Office Space Means Losing the Tax Deduction, Too

A recent article in Bloomberg reported that dedicated space for a home office is “less of a selling point” than it once was for home sellers. It’s appearing less often in real estate ads and marketing, and new-home developers are shifting toward open-floor plans containing flexible spaces, workspace nooks, and lots of handy electrical outlets. That’s all very well as a reflection of how modern connectivity allows many people to work from their sofa, in their pajamas, or at just…

Read More Read More

Holiday Season Great for Home Deals—If You Can Cope With the Downsides

Holiday Season Great for Home Deals—If You Can Cope With the Downsides

A recent, informal survey by the National Association of Exclusive Buyer Agents (NAEBA) asked its members—real estate brokerages that only represent home buyers—to report in on the challenges of shopping for a home during the holiday season. The responses are in most cases either entertaining—“Aftermath of a New Year’s Eve party including passed out guests complete with open and spilled adult beverages”—or daunting—“Sellers reluctant to show because house is a wreck or too much company in house” and “difficulties in…

Read More Read More

Fewer First-Time Buyers Than Ever Entering U.S. Housing Market

Fewer First-Time Buyers Than Ever Entering U.S. Housing Market

The latest Profile of Home Buyers and Sellers (2015) from the National Association of Realtors® (NAR) contains a stark statistical representation of how difficult it is for young (and possibly not so young) people to buy their first home: only 32% of buyers were first-timers last year. That’s the lowest share since 1987, when it came in at 30%. The reasons are widely known and discussed: high home prices (and therefore needed down payments), low inventory of homes for sale,…

Read More Read More