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Archive for the Home Selling Category

Existing-Home Sales Remain Steady in August

By on September 23, 2018   /   Home Selling  

The sales of existing homes in the U.S. held steady in August after four consecutive months of decline, according to the latest data released from the National Association of Realtors®. Regionally, existing-home sales were up in the Northeast and Midwest, essentially cancelling out declines in the West and the South.  “Strong gains in the Northeast and a moderate uptick in the Midwest helped to balance out any losses in the South and West, halting months of downturn momentum,” said NAR Chief Economist Lawrence Yun in a press statement. “With inventory stabilizing and modestly rising, buyers appear ready to step back into

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Home sales strengthen, rates rise

By on April 25, 2018   /   Economic News, Home Selling, Mortgage Rates  

Stocks Drop, Rates Rise, Home Sales Strengthen Overview: The stock market dropped sharply over the past week. Normally, this would result in investors shifting assets to bonds, and the added demand would push yields lower. However, that was not the case this week, and mortgage rates ended at the highest levels in four years. Several big-picture factors negatively affected mortgage rates over the past week. Investor expectations for future inflation increased. Investors also raised their outlook for the pace of tightening by the Federal Reserve, meaning that they now view four rate hikes this year as more likely. The supply of

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Top 5 Reasons You Shouldn’t “For Sale By Owner”

By on December 27, 2017   /   Home Selling, Real Estate  

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are the top five reasons: 1. Exposure to Prospective Buyers Recent studies have shown that 95% of buyers search online for a home. That is in comparison to only 17% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home.

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Rocky River

20545 Center Ridge Road
Suite 250
Rocky River, OH 44116
Phone: (440) 356-3242
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