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One Hour in the Real Estate Market

We recently changed our clocks in recognition of daylight savings time. For many people, adjusting to the new schedule can be cumbersome, particularly when we spring forward because we “lose” an hour of sleep. Anyone who has had small children in their life knows the struggle this poses all too well. There are a lot of activities in a day, and an hour of displacement can throw a wrench in the works. We’re halfway through the week now, so hopefully everyone has hit a rhythm on the new schedule. Did you know how much activity takes place in the housing market across the country each day? Much like this post on an hour in the housing market, we’ll lay out some of the numbers, but this time we’ll reference the previous numbers too. If you’re an advocate for the US housing market or a homeowner, you’ll like the direct comparison… At this time …

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Is the Housing Market Bullish?

  The housing market is not very different from the stock market and it also has its ups and downs. However, many people believe there is a predictable annual seasonal cycle in the housing sector, and they are not off the mark. In the coming months, as the cold weather turns warmer and the spring flowers make their first appearance, you can expect to see a “bullish” housing market characterized by a hopeful and buoyant buyer base. There is a biting lack of inventory in the market at present, leading to the slowness in the market. If you subscribe to the view that there is a discernible seasonal variation in the housing market, then you can expect to see more activity in the spring. Buyer demand is traditionally at its lowest in the winter months. This is especially true of regions that endure a severe winter season with sub-zero temperatures, …

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Study Shows Again Home Ownership to be a Better Way of Accumulating More Wealth

According to the latest national index report produced by Florida International University and Florida Atlantic University faculty, real estate market in the country remains in buy territory. Beracha, Hardin III and Johnson (BH&J) Buy vs. Rent home price Index has revealed that home prices climbed by about 5.4 percent in December 2015 as compared to the previous year. This price rise rate is the fastest since July 2014. Therefore, homeowners have a lucrative opportunity to accumulate more wealth, on average, than renters. BH&J examined the entire United States’ housing market, as well as the real estate market trends of 23 key cities and compared the data with, FAU reported. The researchers employed a horse race contrast between an individual who is buying a house and a person who rents a comparable quality residence and reinvests the money on bonds and stocks. Ken Johnson, a Professor at FAU and Real Estate …

House Hunting Made Easy(Er) With These Simple Tips

Purchasing the piece of real estate that is right for you will always be filled with tough decisions and compromises. You may not always get what you want or it won’t be in your price range. Don’t let it all get you down. The tips in this article can serve as a great starting guideline to help put you on the right path to purchasing the property that is right for your needs. When you are interested in buying a home you should always know your credit score. Keep on eye on your credit report so that you will know if anything unusual pops up. If something on your report wasn’t paid or there is a error, it can affect your credit score. Even the littlest thing can cost you points and you don’t want to be turned down for a loan because of 2 points. For more information, check …

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Worried About Financing? Perhaps These Tips Can Help

There’s something special about having a home to call your own… From the time you begin your hunt to the moment you put keys into the door of your new home, there’s a range of experiences and emotions, which is completely normal. But it’s not always positive – especially when anticipation causes anxiety that prevents us from taking the first steps. To be clear, anxiety can be part of the normal spectrum. Purchasing a home can be a scary experience. Especially for those who haven’t gone through the process before. When we buy a house for the first time, there is a lot of new. New paperwork, new regulations, new bills, etc. That alone can be overwhelming. But it’s also incredibly rewarding. Unfortunately, many renters don’t make it that far… According to this survey conducted by the National Association of Realtors in the fourth quarter of 2015, 53% of renters …