Price Increases Bring Buyers Into the Market | Pound Ridge Real Estate
In ordinary markets, when prices are volatile, market players tend to shy away. This is one of the reasons why even the stock markets are very sensitive to price changes. In a report from...
View ArticleAmerica’s Most Violent (and Most Peaceful) States | Pound Ridge Real Estate
While violent crime rates in the country have fallen steadily over the past several decades, the United States is still one of the less peaceful nations in the world. According to the Global Peace...
View ArticleStrong Chicago housing sales in June | Pound Ridge Real Estate
Chicago’s housing market continued its rebound last month as existing-home sales in the nine-county area grew 14.2 percent in June from last year — to their highest level since 2006. Existing-home...
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As housing prices skyrocket in New Orleans, miniature houses are the answer |...
Photo by CHERYL GERBER This house in the Irish Channel is being built on an 880-square-foot lot. It goes on sale next month. Tiny houses veer between fad and architectural fascination in cities across...
View ArticleFarm real estate values decrease slightly | Pound Ridge Real Estate
The U.S. Department of Agriculture recently announced Nebraska’s 2015 farm real estate value and cash rent for cropland has decreased by 2 percent. Allan Vyhnalek, educator at the Platte County...
View ArticleUS Homes Sales soar in July | Pound Ridge Real Estate
Americans stepped up their home-buying for a third straight month in July, as sales accelerated to the strongest pace in eight years. The National Association of Realtors said Thursday that sales of...
View ArticleUnderwater homes continue to surface | Pound Ridge Real Estate
The U.S. rate of underwater homeowners – those who owe more on their home than it’s worth – continued to drop in the first half of 2015. But condo owners are still more likely to be stuck in negative...
View ArticleFHFA House Price Index Up 0.6 Percent in July | Pound Ridge Real Estate
Washington, D.C. – U.S. house prices rose in July, up 0.6 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price...
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Home Prices: The Tilting of America | Pound Ridge Real Estate
The chart below from Case-Shiller’s release today of its July data says it all. Prices now are shifting a lot on a monthly basis. The range between appreciating and depreciating markets seems to be...
View ArticleHow to reach the #Millennial first-time homebuyer | Pound Ridge Real Estate
The news is no longer “Millennials don’t want to buy homes.” They do. So how are you going to get them there? HousingWire hosted its first editorial webinar on Wednesday, with expert panelists Ginger...
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Porcelain ceramic tile is making a comeback | Pound Ridge Real Estate
This house in Boca Raton, Fla., is partially clad with Neolith’s Basalt Black supersized porcelain tiles. (TheSize Surfaces, S.L.) For a home builder, the holy grail of materials is one that can do...
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Existing home sales drop 3.4% in October | Pound Ridge Real Estate
Existing home sales, as reported by the National Association of Realtors, decreased 3.4% in October, and the annual share of first-time buyers in 2015 fell to its second-lowest level since the survey...
View ArticleMortgage rates average 3.97% | Pound Ridge Real Estate
today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates ticking slightly higher for the second week in a row amid the Federal Reserve’s decision to raise...
View ArticleRecovery Will Slow in 2016 as Fewer Homes Gain Value | Pound Ridge Real Estate
The number of homes nationwide gaining value on a monthly basis are expected to fall by 12 percent over the next 10 months as the housing recovery slows. Just over half, 51.3 percent, of America’s...
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The Impact of Revisions to Remodeling Spending | Pound Ridge Real Estate
The most recent release of Census’ Construction Spending report included significant revisions to the residential improvements spending category. Residential improvements spending is calculated as the...
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Builder Confidence Holds Firm in January | Pound Ridge Real Estate
Builder confidence in the market for newly-built single-family homes held steady at 60 in January from a downwardly revised December reading of 60, according to the National Association of Home...
View ArticleMortgage Rates average 3.65% | Pound Ridge Real Estate
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates moving lower for the sixth consecutive week amid ongoing market volatility....
View ArticleHow to winter-proof your home | Pound Ridge Real Estate
For 43-year-old Giuia Abano Grady, who lives in Gorham, Maine, and raises pigs and chickens and will soon raise cows, the work needed to prepare her 250-year-old farmhouse for the winter isn’t as easy...
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Home prices index continues to rise | Pound Ridge Real Estate
Recently, S&P Dow Jones Indices and the Federal Housing Finance Agency (FHFA) released their home price indexes for November. The Case-Shiller (CS) National Home Price Index, reported by S&P...
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Housing Affordability Edges Up | Pound Ridge Real Estate
Modest home price and interest rate decreases resulted in a slight increase in nationwide housing affordability in the fourth quarter of 2015, according to the National Association of Home...
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