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Tag Archives: housing

U.S. Home Sales Down Overall in 2014

Fewer homes sold in 2014 in the U.S. than in 2013, and home prices rose, according to new data from the National Association of Realtors. About 3 percent fewer homes sold overall, a drop from 5.09 million sales to 4.93 year-over-year, the ... Read More »

Consumer Confidence to Lead to New Homebuyers

As the economy continues to strengthen, a growing group of young professionals is expected to buy real estate. The number of first-time homebuyers was at a 30-year low in 2014, but Douglas Duncan, chief economist at Fannie Mae, predicts the improving economy ... Read More »

The Homes Millennials Buy

Millennials are the young homebuyers purchasing their first homes in the current housing market. About 75 percent of millennials who bought homes in the past two years were first-time buyers, according to the 2013 American Housing Survey. These millennial homebuyers, mostly ... Read More »

Home Sales Dip in November

Sales of existing homes dropped in November. The decrease from October to November was 6.1 percent, with the market faltering in advance of the slower winter months. Sales of previously owned homes have hit their lowest level since May, according to a Forbes ... Read More »

Builder Confidence Staying Steady

Builder confidence is staying steady, and that consistency showed up in data this month from the National Association of Home Builders. “After a sluggish start to 2014, the (Housing Market Index) has stabilized in the mid-to-high 50s index level trend for the past six ... Read More »

Homeowners Seek a Healthy Living Space

Recently, green practices and making a home more efficient and environmentally friendly have become important to consumers. However, how many of them actually feel that they live in a healthy environment? Houzz, called the “Wikipedia of exterior and interior design” by CNN, surveyed more than 800 ... Read More »

Post-Recession Remodeling Growth

The number of housing starts is steadily increasing and home improvement remodeling is on the rise, according to an article from the Wall Street Journal. With these two factors slowly improving, the economy is making strides toward pre-recession levels. The Bureau ... Read More »

Single-Family Home Size Decreasing

As the housing market continues to recover, the size of newly built single-family homes is slightly decreasing. Single-family home sizes have been on the rise since the end of the recession, and now they are tapering off for the second ... Read More »