Real Estate Resource Roundup – 3/4/16

Real Estate Resource Roundup –

As winter winds down, real estate professionals across the nation are gearing up for the return of the busy spring market!

Make this spring your best season yet with the Real Estate Resource Roundup. We’ll keep up to date on all things real estate! So let’s get to it with the first roundup of March:

Home Prices Up 5.76 Percent Across The Country [Infographic]
The Federal Housing Finance Agency released their latest Quarterly Home Price Index report and indicated home prices both regionally and by state are rising.

Single Females Are a Growing Market Force
According to NAR’s 2015 Profile of Home Buyers and Sellers, single women accounted for 15 percent of all home buyers—the second-largest segment of home buyers. This has many experts predicting their numbers will continue to increase in coming years.

Spring Buying Season Starts Early
Residential real estate is going strong with spring home-buying season velocity that’s driven by strong demand and slight inventory growth, according to a preliminary February data analysis.

How to Give Millennials the Low-Down on Low Down Payments
Higher levels of student loan debt and lower levels of wealth and personal income than previous generations are preventing millennial buyers from saving for down payments. Find out what options you can offer your millennial client.

Mortgage Applications Drop for a Second Consecutive Week
The Mortgage Bankers Association reports mortgage applications were down 4.8 percent from the previous week.

Pending Home Sales to Lag Until Inventory Crisis Ends
According to the National Association of REALTOR®‘s first pending home sales report for this year, the Pending Home Sales Index declined 2.5 percent to 106.0 in January.

Why Housing Inventory Is So Scarce And What We Can Do About It
A combination of move-up buyers who can’t find move-up homes, underwater homeowners and homeowners with equity who are renovating instead of moving are creating a scarce inventory for buyers.

Home Flipping Reaches Ten-Year High
Rising home prices are bringing more house flippers out of the woodwork, and that may be a sign of an overheating housing market. The number of active home flippers last year was the highest in nearly a decade, and it is only growing.

The Features That Help a Home Sell Fastest—and the Ones That Don’t
Fasten your seat belts, 2016 is going to be a wild year in real estate and is looking to be a true seller’s market. Find out what features are moving homes off the market fast!

In case you missed it here on Clean Slate, we turned the White House into an emoji-based listing that is truly “icon”-ic, and Chief Marketing Officer Jennifer Marchetti has the scope on how this innovation came to be! As always, be sure to follow #BHGRE on Facebook and Twitter for more updates.

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