Affordability keeping some from listing their homes for sale

Of all homes listed for sale on Zillow between 2016 and 2017, those mentioning "steam shower" and "professional appliance" in their listing descriptions earned sellers a 29 percent higher sale price than listings that didn’t include those terms – the highest premium among more than 100 listing terms analyzed by Zillow.

The article below was published recently by Keeping Current Matters. Real estate is local and in February the median sales price for resale of single family homes was $228,400. In the 4 county area serving the greater Cincinnati real estate market the median price was $144,550. The ‘REAL’ News about Housing Affordability

Selling Your Home On Your Own – CBS News – Selling Your Home On Your Own. connect you with the offices of local licensed real estate agents who subscribe to their low-cost realtor business model.. the amount charged by a listing real.

Fannie Mae said this gap may explain why homeowners are staying put in their current homes, contributing to the shortage of existing homes that are for sale.. the affordability of their current.

Understandably, buying a home is more expensive now than immediately following one of the worst housing crashes in American history. Over the past decade, the market was flooded with distressed properties (foreclosures and short sales) selling at 10-50% discounts. There were so many that this lowered the prices of non-distressed homes in the same neighborhoods.

Real prices on homes for sale is hurting affordability in many areas. The median list price for a U.S. home in the first quarter was $246,900 – well above the $197,100 median home value. The median home available to buy in metro Los Angeles is currently listed at $650,000, which would take up 47 percent of the median income for that area.

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What is a pocket listing? When the time comes to sell a home, most people contact a real estate agent and get their place listed online on sites like realtor.com-which will hopefully bring.

Ocwen’s 1Q loss due to lower interest rates affecting its MSRs The act of borrowing funds. Businesses commonly rely on this as a means of funding business operations. The disadvantages to this is that interest must be paid on the loan; like any other expense, the higher the interest paid in a given month, the higher are the firm’s expanses and the lower are its profits.

Budget Tiny House For Super Affordable Living Why You Should Sell Your Home in 2019 | U.S News Real Estate – If not selling your home in 2019 means putting your house on the market in 2020, the sooner option is the best one. In a survey of 100 U.S. real estate experts and economists by real estate information company Zillow, released in May, almost half expect the next recession to occur in 2020. Another 14 percent believe the recession will hold out.

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