22 Apr 2016
By Mark Feder

Existing Home Sales Jump, Builder Confidence Holds Steady

Financial Reports
Home buyers kicked the spring home shopping season into gear and boosted sales of pre-owned homes in March. Existing home sales rose 5.10 percent in March according to the National Association of Realtors®. 5.33 million pre-owned homes were sold in March against expectations of 5.30 million sales and February's reading of 5.07 million sales on a seasonally adjusted annual basis. Demand for homes remains strong in spite of rapidly escalating prices in many areas. Short supplies of available homes continue to drive demand and home prices. Sales rose only 1.50 percent year-over-year, but during the first quarter of 2016, existing…
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29 Jun 2015
By Mark Feder

What’s Ahead For Mortgage Rates This Week – June 29, 2015

Market Outlook
Last week's economic news was largely positive as both new and existing home sales beat expectations. FHFA reported that home price growth held steady in May, while weekly jobless claims edged up, but were lower than expected. New and Existing Home Sales Exceed Expectations According to the Commerce Department, new home sales reached 546,000 on an annual basis for May. This surpassed expectations for 525,000 new homes sold and April's revised reading of 534,000 new homes sold. Expectations were based on the original reading of 517,000 new homes sold in April. Existing home sales rose by 5.10 percent in May…
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16 Oct 2014
By Mark Feder

Three Reasons Why Setting Your Listing Price is the Most Important Aspect of the Home Sales Process

Home Seller Tips
Have you decided to sell your home, perhaps to make an upgrade to a newer, larger house? Whatever your reasons for selling, you'll have a number of decisions to make as you craft your listing and begin receiving offers from buyers but few are as important as your initial selling price. Let's take a look at three reasons why setting your listing price is the most important factor in your home sale. Reason #1: You Can Scare Off Potential Buyers With A High Price You'll receive the majority of your buyer interest in the first few days and weeks after…
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30 Sep 2014
By Mark Feder

Selling to Millennials: Three High-Tech Upgrades That Will Increase Your Home’s Appeal to Young Buyers

Home Seller Tips
Millennials are finally starting to enter the real estate market after delaying home purchases for several years. With a completely new client base looking for homes, it is time to start making your home more appealing to these young buyers. Millennials are used to using high-tech gadgets every day, so they are going to desire these things in their new home. While there are several high-tech upgrades you can make on your home, these three will appeal the most to young homebuyers. Keyless Entry: Security for the New Millennium Keyless entry doors are becoming a popular way of keeping a…
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