Real Estate Archives – Page 76 of 76

28 Feb 2013

Existing Home Sales Rise As Home Inventory Shrinks

Housing Analysis

Home sales rose for the 11th consecutive month according to the National Association of REALTORS® Existing Home Sales Report for January. This is the first time this has occurred since the period between July of 2005 and May of 2006. National Average Home Price Up Over 12% Annually The national average home price in January was $173,600, which is 12.3 percent higher than for January 2012. Calculated on a seasonally-adjusted annual basis, Existing Home Sales data is compiled using completed sales of single family homes, condominium units and co-ops. January's existing home sales rose by 0.4 percent to 4.92 million…

Is Downsizing The Next Big Trend In Homes?

Real Estate Trends

The real estate market has started to recover from the downturn over the last few years in many areas of the country, and more people are thinking about buying a new place to live. With this new energy in home buying, an interesting trend seems to be developing. Instead of going for larger homes, which was an overwhelming trend in years past, many people are choosing micro-dwellings. What is a micro-dwelling? There are a number of different styles of micro dwellings being built. This is a relatively new concept for homes in the United States and individual creativity abounds…

Why Buying Real Estate Can Be A Smart Financial Move

Personal Finance

Buying Solana Beach real estate doesn't just give you a place to live; it can also be a very smart financial move. This is because owning a home can be like having a forced savings account, which you are committed to for the long term. Consistent Saving On Autopilot Sometimes saving money on our own each month is difficult. It takes a lot of discipline to maintain a consistent savings plan. However, paying your mortgage every month means that you are paying down the principal and working toward eventually owning the property outright. In the early years of the mortgage,…