These housing and real estate story ideas are designed to help media generate content for news stories. Three timely topics, accompanied with background information and facts related to the real estate market, are featured each month. Realtor associations and members can also take these story ideas and create content for their local newspaper, magazines, newsletters, blogs and websites.
When it comes finding a home, location continues to be the most influential factor. According to NAR’s 2012 Profile of Home Buyers and Sellers, 61 percent of recent home buyers reported quality of the neighborhood as the most important consideration in their home search.
Selling a home is no easy process. There are over 20 steps involved from beginning to end, and successfully accomplishing each step requires not just expertise but also time.
According to recently released government data from the Home Mortgage Disclosure Act, credit continues to be overly stringent. Although buyers’ incomes have increased since 2004, the loan-to income ratio has declined.
After the last presidential election in 2008, foreclosure filings had increased 81 percent over the previous year and home sales were down nearly 42 percent from record highs in 2005.
Each year couples make up the largest portion of home buyers, and according to the 2012 NAR Profile of Home Buyers and Sellers, the percentage of these buyers has been increasing.
According to NAR Chief Economist Lawrence Yun, the steady recovery is expected to continue over the next few years, barring further tightening of mortgage credit availability or the much discussed “fiscal cliff.”
Commercial real estate is making a comeback. After struggling the past few years, prices of prime real estate properties are increasing, and were up 6.2 percent in September, according to recent data.
Congratulations to Allison and Aaron Smith, the official winners of HouseLogic.com’s “Boost Your Roost” contest!
Despite an increase in home prices, NAR’s Housing Affordability Index suggests the national median priced home was more affordable for a median income family by August 2012 than it was a year earlier.