While home prices for starter to mid-range homes are pushing upward toward pre-recession peaks, especially in secondary markets, they’re stabilizing in higher-priced areas. Here, Bankrate offers some tips for adapting to the latest market conditions. First-time homebuyers: Get that starter home now More than half of the home sales (52 percent) in 2017 are…
During the final month of winter, supplies were scarcer than ever in the residential real estate market, according to Realtor.com’s preliminary analysis of data. Factoring in strong buyer demand, sales remained strong in February after a January in which the pace of existing-home sales was at a 10-year high. Early birds were scrambling to get the…
Despite a recent slump in pending home sales, October enjoyed a slight upward swing with the number of contracts signed. According to the National Association of Realtors, the Pending Home Sales Index rose to 107.7 for the month. This number is 3.9 percent higher than this time last year. The index is often used to…