Market Updates

Jan. 17, 2019

Builders to Offer Incentives Again

As the housing market has downshifted, more builders are offering sweeteners to close the deal. Sales Slump Forces: More builders reportedly are offering incentives to attract home shoppers, including paying closing costs, buying down mortgage rates, and even cutting prices—a move builders are usually reluctant to make, the Los Angeles ...

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Jan. 16, 2019

Listings Are Undergoing Price Drops

The U.S. housing market showed continuing signs of cooling in many of the nation's largest metros in December. According to realtor.com®'s December housing report today, the largest markets saw a 10 percent increase in inventory, compared to a nationwide average of 5 percent, as time on ...

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Jan. 11, 2019

Americans are on the Move

But where are they moving to and from? Vermont has been actively working to bring in more new residents, and the state may be having some success in its mission. Vermont was the state with the highest percent of inbound moves in 2018, according to the 42nd annual United Van ...

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Posted in Market Updates
Jan. 4, 2019

Better Housing Days Coming in 2019?

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 ...

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Posted in Market Updates
Dec. 31, 2018

Steps to Achieve your Homebuying Resolution

The new year is a time for new beginnings and, of course, resolutions. If one of your resolutions for 2019 is to become a homeowner, we have a list of 6 things you can do to get prepared and make the homebuying process easier.

  • Evaluate your finances: Before you start ...
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Posted in Market Updates
Dec. 26, 2018

Should Snowbirds Rent or Buy Second Home?

How to Decide: The question of whether to buy or rent is a common one for snowbirds. There's no clear-cut, one-size-fits-all answer on whether buying or renting is better. It varies by family situation, income, and whether you're ready to consider your winter home, well, home.

Here ...

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Posted in Market Updates
Dec. 22, 2018

Keeping Your Home Safe During the Holidays

While people focus on spending time with family and friends, shopping for gifts, and traveling during the holiday season, it’s also important for them to pay attention to keeping their homes safe.

Without putting a damper on the holiday spirit, here are some simple precautions from Brian Collins, a writer ...

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Posted in Market Updates
Dec. 21, 2018

New Homes Are Tougher to Find

Fewer new single-family homes entered the pipeline in November as housing affordability concerns continued to hinder inventories, the Commerce Department reported Tuesday.

Housing starts increased 3.2 percent in November to a seasonally adjusted annual rate of 1.26 million units, but the increase was all due to an increase ...

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Posted in Market Updates
Dec. 17, 2018

3 Things To Know Before Applying for a Mortgage

Unless you’re sitting on a ton of cold, hard cash, you’re going to need a mortgage to buy a home. Unfortunately, you can’t just show up at a bank with a checkbook and a smile and get approved for a home loan—you need to qualify for a mortgage, which requires ...

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Posted in Buying, Market Updates
Dec. 11, 2018

Is it Smarter to Buy a New Home Before Selling

You should never buy a new house before selling your old home ... at least, that’s the conventional wisdom. Because if you buy before you sell, you run the risk of owning two homes at once—and carrying two mortgages!

What if your first home doesn't sell anytime soon? The financial ...

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Posted in Market Updates, Selling