Think green home design is a fad? Well, think again. Sustainable home designs are gaining popularity at a breakneck speed. In 2017, green homes accounted for more than 60 percent of family home builder's portfolios, according to a survey conducted by the National Association of Home Builders. But what is really driving green home designs? In this post, we explore five trends shaping sustainable homes. 1. Energy Efficiency Home designs that cater to consumers' need to reduce … [Read more...]
3 Millennial Home-Buying Trends Sellers Should Know
After five consecutive years of Millennials outpacing all other home-buying demographics, sellers would be wise to wrap their thinking around what makes this generation tick. According to a 2018 Home Buyer and Seller Generational Trends research study, Millennials purchased more than one-third of all homes in 2017. With home purchases totaling approximately 36 percent of the market in 2018, this class of buyer has increased its market share from 34 percent in 2017. Taken as a whole, the … [Read more...]
3 Important Factors That Affect Your Real Estate Transaction
The real estate market is quite different from other markets and can be confusing for even the most experienced buyers and sellers. You will need the help of a real estate agent whether you are an experienced buyer or doing it for the first time. Even with the help of an agent, you can educate yourself on some of the basic elements of a real estate transaction in order to make yourself more comfortable throughout the process. Here are 3 things that you should be aware of before you start a real … [Read more...]
What’s Ahead For Mortgage Rates This Week – November 5th, 2018
Last week's economic news included readings for Case-Shiller Home Price Indices, Commerce Department readings on construction spending and the University of Michigan's reading on consumer confidence. Labor sector reports on jobs growth and the national unemployment rate were posted along with weekly readings on mortgage rates and first-time jobless claims. Case-Shiller: Home Price Growth Lowest in 20 Months; Construction Spending Falls Home price growth hit its lowest pace in 20 months according … [Read more...]
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