Most Americans are optimistic about the current state of the economy and the real estate market, although potentially higher interest rates causes some trepidation.
Real Estate Trends
More news that coincides with National Home Improvement Month: First-time buyers pumped quite a bit more money into renovations in 2016 than they did the previous year, and they're especially keen on installing smart technologies.
Happy National Home Improvement Month: Increasing home equity and confidence in the U.S. housing market helped lift remodeling spend significantly over the past year, with another boost expected in the coming year.
Read a quick recap of the May 2 "Golden Bridge From China" event, which featured a panel of experts -- including Pacific Union CEO Mark A. McLaughlin -- who discussed current trends shaping Chinese investment in U.S. real estate.
Although the majority of Americans think that home prices will keep increasing in the coming months, most also still think now is a good time to buy a home.
April 14, 2017 • Posted in Industry Surveys & Studies
Tight inventory conditions helped push both investment and vacation home prices up in 2016, though they also contributed to sales declines for the latter.
April 7, 2017 • Posted in Real Estate Trends
Bay Area residents are no stranger to exorbitant housing prices and a generally high cost of living, so prospective homebuyers will be relieved to learn that the region's property-tax rates aren't nearly as large as they are in many other parts of the country.
April 5, 2017 • Posted in Industry Surveys & Studies
The spring is the most popular time of year to undertake a home landscaping project, as winter storms fade and the weather gets warmer. And while the backyard remains the most popular location for outdoor renovation products, most homeowners who are tackling front-yard jobs want to make sure that their property stands out from the crowd.
March 30, 2017 • Posted in Industry Surveys & Studies
The first quarter of 2017 officially wraps up tomorrow, and consumers are feeling good about the state of the economy and the housing market, even as more mortgage-rate hikes loom.
March 29, 2017 • Posted in Industry Surveys & Studies
Student loans and high housing costs are posing challenges for both millennials and Gen Xers, but income gains and a thriving economy helped more of them become homeowners last year, prompting a modest improvement in first-time buyer activity.
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