Category Archives: Real Estate News

Information on the Real Estate market in the greater tri-city area.

Mouth-Watering Outdoor Kitchens

What they typically cost, and tips for getting the most return on your investment. Building an outdoor kitchen is more than an indulgence: These backyard beauties can improve your home’s value. Outdoor kitchens typically get a 71% return on investment, … Continue reading

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NAR: Home Prices Post More Gains in Second Quarter

August 7, 2019 Home prices in the second quarter continued to rise in the majority of housing markets across the country. Ninety-one percent of 178 metros tracked saw home price gains in the second quarter, according to the latest report … Continue reading

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What the Fed’s Rate Cut Means for Buyers

The Federal Reserve on Wednesday cut interest rates for the first time since the Great Recession took hold in 2008, though the move is not likely to deliver significant juice to an already favorable borrowing environment for home buyers. The … Continue reading

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Stress-Free Homes Are a Trending Niche

From family and jobs to finances and health, life can get complicated. “Zen is in demand,” as one real estate pro says. Learn how you can provide that. n Whether it’s a luxurious $45 million estate in California or a … Continue reading

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Survey: Buyers Rank Commute Time Above Square Footage

July 5, 2019 Commute time is an important factor to buyers when they’re deciding on a home to purchase. Eighty-five percent of buyers say they would sacrifice other home features, such as lot size, square footage, and home style, in … Continue reading

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Gap Widens Between What Buyers Want, What’s for Sale

Home buyers are finding fewer homes for sale that are meeting their price expectations. Half of all home buyers say they’re looking for a home priced under $288,000. But that is 9.1% below—or $27,000 less–than the median list price of … Continue reading

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Mortgage Rates Drop to 2-Year Lows

This marks the sixth consecutive weekly decline for mortgage rates, leaving some borrowers wondering how low will they go. The 30-year fixed-rate mortgage averaged 3.82% this week, the lowest average since September 2017.  “While the drop in mortgage rates is … Continue reading

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Home Sizes May Be Indicator for Economy’s Health

June 4, 2019 The size of newly constructed homes may be a sign of how well the economy is doing, according to a new analysis by Robert Dietz, chief economist for the National Association of Home Builders. “Typical new-home size … Continue reading

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Consumers Say Housing Is a Strong Financial Investment

May 23, 2019 Sixty-five percent of households nationwide view buying a home in their ZIP code as a good financial investment, according to the Federal Reserve Bank of New York’s 2019 Survey of Consumer Housing Expectations. Nearly 72 percent of … Continue reading

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