Every homebuyer wants a good deal on their real estate purchase. According to a report by Fortune Builders, location and condition are two key determining factors in deciding if a home is a good purchase. While price also matters, finding a property that can be overhauled with minimal effort and time may not be that easy. Anyone who has bought a…
Home prices are hitting record highs in many parts of the country, often selling for more than the asking price, and going from list to contract in a record 37 days, according to Redfin. “We’ve never seen a faster or more competitive market,” says Redfin spokeswoman Rachel Musiker. “Basically this market isn’t for the faint…
New-home sales are back. After a few months of drops in the number of buyers scooping up these abodes with that fresh, never-been-lived-in smell, sales are once again surging. The number of buyers who closed on newly built residences spiked in September, according to a joint report by the U.S. Census Bureau and U.S. Department of Housing and…
The supply shortage that has been plaguing the nation’s housing market for the past two years has now affected the most expensive homes. The number of multimillion-dollar listings is suddenly dropping, and that is only making these pricey homes, well, pricier. The top 5 percent of homes by price sold in the third quarter saw their…
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