Home prices could be peaking because of rental market shifts; learn to navigate the conversation the right way - BY BERNICE ROSS for Inman
DAILY REAL ESTATE NEWS | MONDAY, MAY 15, 2017 - Home shoppers are increasingly facing steep competition for the limited number of homes for sale.
“Attempting to purchase a house in this type of market can make the already complex process of buying a home even more overwhelming,” the National Association of REALTORS® notes in a recent release.
By EILEEN SMITH DALLABRIDA • APR 7, 2017 (Delaware Public Media)
A decade after the housing bubble burst, home sales are buoyant with some parts of the First State experiencing the most exuberant spring in 40 years.
In suburban Newark, a freshly refurbished home priced at $299,999 in the Drummond North development sold in a single day.
A three-bedroom townhouse in Wilmington’s upscale Highlands neighborhood didn’t last much longer. Priced at $359,900, it was snapped up in less than a week.
DAILY REAL ESTATE NEWS | WEDNESDAY, MARCH 22, 2017
Existing-home sales dropped in February as tight inventory and weakening affordability conditions kept many buyers out of the market in most parts of the country, the National Association of REALTORS® reports. Total sales for existing single-family homes, townhomes, condos, and co-ops fell 3.7 percent to a seasonally adjusted annual rate of 5.48 million, compared to 5.69 million in January, according to the report. However, the pace of sales in February remained 5.4 percent above a year ago.
The Federal Reserve voted to raise rates by 0.25 percent on Wednesday - BY AMBER TAUFEN Staff Writer Inman
“The Fed will raise the overnight cost of money on Wednesday, from a band 0.50 percent-0.75 percent to 0.75 percent-1.00 percent,” predicted Inman writer Lou Barnes on Friday. That’s a 0.25-percent hike.
Sure enough, at its meeting today, the Federal Reserve governors voted to raise interest rates by 0.25 percent, to 0.75 percent to 1.00 percent.