Pending home sales slipped in November, but a reversal is in sight, according to the National Association of REALTORS®’ latest housing report.NAR’s Pending Home Sales Index—a forward-looking indicator based on contract signings—decreased 0.7 percent to a reading of 101.4 in November. Contract signings are down 7.7 percent year over year.However, “the latest decline in contract signings implies more short-term pullback in the housing se
The single-family rental market has become big business and now compromises the largest source of rental housing in the U.S., according to a new white paper from Freddie Mac. Single-family rentals make up about half of the overall rental market, and it is the single largest segment of the rental market by valuation and households served.The single-family rental market provides housing to 25 million Americans. It fills a particularly vital role in
Several surprising housing markets are expected to see big growth in the new year. Strong economies and a flood of new residents moving in are helping to propel some markets to new levels in 2019.Realtor.com®’s economic team identified the top metros where both the number of sales and the home prices are expected to move higher in 2019. Researchers also evaluated new home construction in the top 100 largest markets against the local economies
About Scott I offer a little bit something different than most realtors. Having been a contractor and worked for developers, I have a "what to look for" past and potential problems that come with every house and features that some might not recognize. It helps me negotiate for my buyer and up sell for my seller. I've been in this business for almost 30 years.I've been in the Tampa area since November of 1995. I've lived in other parts of the sou
About Fernando I have been in the real estate services business in the San Diego County real estate market for 25 successful years and will be here for many more. This longevity and confidence comes from my real estate services to a many buyers and sellers, and their recommendations to others that result in repeat and referral business that keeps me productive and successful.As a full service San Diego County real estate professional, I work with
iPro currently deals throughout the states of California, Texas, Florida, and New York. We continue to strive and broaden opportunities for real estate professionals and consumers. Visit iprore.com for the latest information and links.Click here for information onbecoming a salesperson.
Several real estate industry groups, including the National Association of REALTORS®, expressed disappointment over FEMA’s decision to not renew or issue new flood insurance policies during the partial shutdown of the federal government.The ruling is contrary to Congress’ intent to keep the National Flood Insurance Program fully funded through May 31, 2019, housing groups say. It’s also in conflict with FEMA’s previous decision to a
More homes may soon be energy-free. Homes and commercial buildings consume 40 percent of all energy used in the U.S., but the growth of net-zero homes could drastically curtail that. The Zero Energy Ready Homes—those that make the energy they use—are becoming more of a reality.In 2017, 8,547 units of net-zero housing or zero-already housing had been built in the U.S. About 38,863 were under construction, according to the Net-Zero Energy Coali
A Kansas City, Mo., couple lost their entire $130,000 down payment on a home purchase from a money wire scam that has been increasingly targeting real estate transactions.Ross and Melinda Fulton were purchasing a home to live closer to their daughters and new granddaughter in the Kansas City area. Ross, a retired pastor of 46 years, and Melinda found the perfect home in Independence, Mo., and were planning to pay for it with cash.They receiv
Most people have never gone through the homebuilding process and aren’t sure what to expect. They want to know how much it will cost, how long it will take, and how much work they will have to do. Lynn Tribon, director of market development for custom home builder Adair Homes, says real estate professionals can give clients the confidence to move forward by providing them with information about how the homebuilding process works. “As a t
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