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Real Estate Market Trends

Builders Are Leaving Fireplaces out in the Cold

Submitted by Joseph Pettinella on September 25, 2019 - 2:28pm

For many of us, it's hard to imagine a house with no fireplace, but this is increasingly becoming the norm in newly built homes.

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The Appeal of Outdoor Kitchens Is High and Growing

Submitted by Joseph Pettinella on August 30, 2019 - 12:48pm

Does your home have an outdoor kitchen?

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Don't List Your Home on a Sunday

Submitted by Joseph Pettinella on July 11, 2019 - 11:05am

With all of the preparation that goes into listing your home, the particular day of the week on which you list probably doesn't even cross your mind.

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Home Sales Surged Nearly 12% in February

Submitted by Joseph Pettinella on March 24, 2019 - 11:18am

The number of monthly existing-home sales took a massive jump up from January to February, according to the latest data from the National Association of Realtors. In fact, February's 11.8% increase to a seasonally adjusted annual rate of 5.51 million was the largest month-to-month spike since December of 2015! Although existing-home sales are still down by just under 2% year-over-year, the gains made last month go a long way toward reversing the sluggish start to the year's housing market.

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These Are the Features That Home Buyers Really Want

Submitted by Joseph Pettinella on February 25, 2019 - 12:05pm

What do buyers really want? It's a question that perpetually buzzes inside the heads of sellers, real estate professionals, and, of course, home builders, which is why each year the National Association of Home Builders creates their “What Home Buyers Really Want” report. The information in the report comes directly from recent and prospective home buyers, who were asked to rank their most-desired features in a home. The results of the 2019 survey revealed a clear winner, as 91% of buyers prioritized a laundry room as a key feature in their new home. Keep reading to learn about some of the other findings from the report.

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Buyers Should Have an Easier Time in 2019

Submitted by Joseph Pettinella on February 13, 2019 - 12:46pm

For the last several years, prospective home buyers in most areas of the country have had to face conditions that aren't exactly ideal. Rapid price growth, low housing inventory, and fierce competition among buyers have resulted in conditions that can only be described as a strong seller's market. However, if you have been holding out on buying a home, then there is some evidence that the winds could be shifting in your favor. Keep reading to learn why 2019 might offer some relief for home buyers.

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