Commercial real estate is making a comeback.
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.
The power of the American Dream reaches far beyond U.S. borders, into the hearts and minds of people in countries across the globe. According to the 2012 NAR Profile of International Home Buying Activity, foreign sales accounted for $82.5 billion for the past year ending March 2012, up from $66.4 billion in 2011.
In areas across the country, bidding wars are back. A recent Los Angeles Times article reports many housing markets have become much more competitive among would-be buyers.
According to an NAR analysis, the buyer’s market window is starting to shrink. Data from NAR surveys show houses are selling faster with less time on the market. These findings demonstrate a general balance between home buyers and sellers in much of the country.