Survey: Consumer views on home buying (9/15/2014)
More than two-thirds of Americans (68%) think it’s a good time to buy a home – but many won’t try because they think banks will turn down their mortgage request.
Homebuyers beware: ‘Nanny cam’ could be listening (9/15/2014)
Are you alone? Parents hide nanny cams in homes to secretly see how a babysitter interacts with children – but they can also record buyers during at a showing.
7 reasons renters don’t become homeowners (9/10/2014)
Some reasons are pragmatic (not enough money) while others are personal (fear of upkeep). Solve their problems to turn renters into buyers.
It pays to own a home (9/10/2014)
Federal Reserve survey: Homeowners build net worth four times faster than renters. In the past 15 years, the typical owner’s net worth is 31 to 46 times higher.
Hook luxury buyers with concierge-style service (9/9/2014)
Ultra-high buyers’ staff handle life’s details, so they also expect top service from a Realtor – like help with a driver’s license or a dog groomer referral.
Why the upswing in number of single buyers? (9/2/2014)
Single homebuyers made nearly one-third of all 2013 real estate purchases, according to NAR. A survey finds their reasons are the same as those of married buyers.
Home flipping drops below 5% of 2Q sales (8/22/2014)
RealtyTrac: Flipping – a same-home re-sale in less than 12 months – is on the decline and settling into a “historically normal pattern.” But Fla. has exceptions
What do the neighbors know? A lot (8/22/2014)
Homebuyers, sellers and real estate agents sometimes overlook a valuable information resource for both sides of the transaction: the neighbors.
How to write a love letter to a house (8/21/2014)
“Love” is the key word if a buyer hopes to add emotional appeal to a home offer by including a letter. It’s not the place to note problems or discuss price.
Virtual home showing almost like being there (8/15/2014)
Video chats like FaceTime or Skype allow an agent to talk to a far-away buyer while walking him through a home – a must-have method to tap foreign investors.
Homes less affordable in 1 out of 3 U.S. counties (8/7/2014)
While home affordability is better than it was during the housing bubble, only some of Middle America’s home prices are keeping pace with local incomes.
Older adult transactions part broker, part therapist (8/7/2014)
Beyond taking care of transaction details, adults moving out of a long-term family home often rely on a Realtor for emotional support for the big transition.
Mortgage closing costs up 6% to $2,539 nationwide (8/5/2014)
Bankrate.com: At $3,046 on a $200K loan, Texas’ closing costs led the nation, as Fla. ranked No. 8 at an average $2,648. Bottom of the list: Nev. at $2,265.
20% of Fla. home shoppers could enter the market soon (7/30/2014)
Survey: While 30% say they’ve had to postpone home-buying plans, another 20% say ongoing market changes may coax them to enter the market sooner.
5 mistakes first-time homebuyers make (7/22/2014)
Many first-time buyers are eager to own a home but unprepared for the usual financial scrutiny. Some hurt their chance at ownership by making unwise decisions.
Many buyers aren’t prepared for mortgage process (7/22/2014)
Survey: While 94% think a home is a good investment, 63% find online information overwhelming and barely half calculate their expected monthly payment.
Eight survival tips for a successful move (7/18/2014)
One lost bed screw can take hours to find or leave homeowners sleeping on the floor their first night in a new house. A little organization goes a long way.
What kind of technology do baby boomers want? (7/17/2014)
Buyers 50 and older weren’t raised on technology, but high-speed Internet tops their want-to-have list, along with products that help them age in place.
RealtyTrac releases first-ever disaster ratings (6/19/2014)
Mother Nature is kind to Fla. The risk of any natural disaster along most of the coastline is only “medium” when it comes to hurricanes, tornadoes and earthquakes.
Homebuyer turn-ons and turn-offs
Many buyers like open floor plans, updated kitchens and hardwood floors, while odors, dirty bathrooms and overflowing closets are definite turn-offs.
Why do people move? (6/5/2014)
Census Bureau: While the top reason hasn’t changed in years – to live in a new or better home or apartment – more now move for cheaper housing or commute costs.
Fear of rejection keeps homebuyers on sidelines (6/3/2014)
Turned down for a mortgage the first time, many buyers with lower credit scores (below 680) have no desire to try again – a result of tighter U.S. lending standards
Online mortgage calculator includes hidden fees (6/2/2014)
The calculator allows buyers to estimate the cost of total payouts over time and compare bottom-line mortgage offer costs from three different lenders.
Do little fixes boost home sales? (6/2/2014)
A home improvement website tracked projects and found many buyers enter the process with plans to renovate; sellers should focus more on smaller repair projects.
Selling a home? Talk to the children (5/20/2014)
A new Harris Poll study finds more decisions rest on what’s good for the kids – and a higher percentage of Millennials want to stay close to their own parents.
Survey: What would recent homebuyers do differently? (4/30/2014)
Chase asked 807 buyers to reflect on a recent purchase. In hindsight, 56% wish they’d known more about the financial aspects of buying a home.
A top reason buyers aren’t buying? Fear of rejection (4/22/2014)
Survey: 46% of potential buyers think they won’t qualify for a mortgage, so they don’t try; and 43% incorrectly believe it’s harder now than it was a year ago.
Fannie Mae extends 3.5% closing cost incentive (3/28/2014)
Owner-occupant buyers have 20 days after a listing to make an offer. The 3.5% can be used toward closing costs or pay points to lower their mortgage rate.
Realtor.com: Top 10 markets for first-time buyers (3/27/2014)
Home listing site puts Fla. cities on its list of places with “favorable conditions” for first-timers: Tampa/St. Petersburg/Clearwater, Orlando and Jacksonville.
6 signs a neighborhood is about to take off (3/21/2014)
If a neighborhood’s value goes up, each home’s value goes up. But it’s not always easy to identify up-and-coming areas in the early stages of their rebound.