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Wage Growth Is Giving a Boost to Affordability

Recent increases in mortgage rates aren’t — yet at least — dampening homebuyers’ purchasing power. In fact, housing affordability is at its best in a quarter-century, says Mark Fleming, chief economist for First American Financial Corp. Recent wage growth is helping to offset rising rates and home prices. The firm’s September house price index shows […]

Kitchen Features Buyers Will Pay More For

A great kitchen can help you sell a home, and real estate professionals are making sure to spotlight it in their marketing. Of all the homes listed for sale on realtor.com®, 69 percent of the listing descriptions highlight the kitchen as a selling point. Forty-nine percent mentioned the bedrooms and 35 percent highlighted the garage, […]

Don’t Let Sellers Discount the Winter Months

Certainly, the spring season is the best time to list a home. Home owners have a better chance of selling for more than the list price in the spring, and there’s a greater likelihood for going under contract within 30 days. However, the spring season just barely budged out the winter as the best time […]

To decorate or not to decorate: Selling your home during the holidays

The housing market doesn’t come to a standstill during the holidays, and several real estate experts have found that buyers shopping for homes during this time are more motivated and deadline-driven. “Homebuyers who shop during the off season, and in particular around the holidays, are typically very serious about getting into a house,” says Sharon Voss, […]