Demand and home prices are increasing, but that has yet to keep homebuyers out of the market. Here is how they did it: For more information, please visit www.nar.realtor. For the latest real estate news and trends, bookmark RISMedia.com. Original article at: http://rismedia.com/2018/01/13/infographic-how-recent-buyers-purchased-their-home/
Marriage and having children may be the life events that traditionally have prompted people to transition into homeownership. But for some millennials, the need for more space is particularly tied to their furry friends. A third of recent home buyers ages 18 to 36 say their decision to purchase was based on the desire for […]
Homeowners living near a Trader Joe’s grocery store saw their property values increase an average 67 percent over five years, according to a study released by real estate data firm ATTOM Data Solutions. Owners close to Whole Foods—a trendier and pricier grocery option—didn’t fare as well, garnering 52 percent appreciation in home value over the […]
According to a recent survey, sellers have identified the top three challenges they have when selling their house. Understandably, the low inventory that is creating the seller’s market also makes it hard for the seller to find a replacement house once they become a buyer. The unrealistic expectation of price, is not something I’ve seen, […]
The majority of Americans believe in the wealth-building potential of homeownership, but many are struggling to reconcile the outcome with its cost, according to a new survey by the National Association of REALTORS® (NAR). 84 percent of Americans see homeownership as a good investment, according to the National Association of Realtors® 2017 National Housing Pulse […]
Interesting #Infographic from the California Association of Realtors on what homes mean and millennials spending time in the kitchen. Apparently only 64% of millennials believe they spend the most time in the kitchen of any generation. 56% of Gen Xers believe that about Millennials and 45% of Boomers agree with that statement. Not sure this […]
Pending home sales were sluggish in April as low supply reared its head, down 1.3 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). The PHSI posted 109.8 in April, down from 111.3 in March. The Index is based on contract signings. “Much of the country for the second straight month […]
This month’s infographic from CAR is all about taking out that equity in your home in the form of a Home Equity Line of Credit (or “HELOC” for short). Home equity lines can be a great and quick way to access some of the equity in your home. I’ve personally used mine twice to buy […]
Wondering what states have the best capitals to roost in? Wonder no more! A recent WalletHub infographic ranks the best capitals to call home, based on aspects ranging from “cost of living” to “K–12 school-system quality” to “number of attractions.” Where are the highest and lowest crime rates? What is the city with the lowest […]
Surprising to some, millennials are all about chasing the American Dream and owning a home of their own, despite current market and economic setbacks. This infographic from FirstTimeHomeFinancing.com explains what’s keeping millennials from pursuing their homeownership dreams and outlines several programs that could help them achieve their goals. This was originally published on RISMedia’s blog, […]
When you take your monthly mortgage payment, utility bills and other expenditures into consideration, it’s no surprise that owning a home is an expensive proposition. But have you ever considered just how many hours you have to work to afford your home? Or how many hours you’d have to work to afford your dream home […]
With the 2016 Westminster Dog show just around the corner, the National Association of Realtors® has released a new infographic about our furry family members. Here are some tips for making your home more friendly to Fido, as well as information about how much Americans love their pooches.
Your buyers like the house — mostly — but the closets could be reconfigured and the bathroom tile has to go. Are those DIY projects, or are they “DIFM” (do it for me)? In a new survey from the Home Projects Council, home owners reviewed a range of home improvements. Most said they would feel […]
Ever wonder why people decide to move? Check out this infographic to see the most common reasons why.
We’ve all heard of the “New York Minute” but have you heard of the “Internet Minute?” Below is an #infographic that the describes what happens on some of the BIGGEST names on the #internet. #InternetMinute
There’s no question the first full week of 2016 has been a wild one. Slowing economic growth overseas (particularly China) and volatility in the global markets impacted the U.S. stock market and stoked fears of a slowdown in our economy. On the other end, the December jobs report was strong. What does all of this […]
Tackling remodeling projects is a huge part of homeownership. Once settled in a new home, it’s common to make a list of all the projects you’d want to take on in the future, whether tomorrow or in five years. Homeowners may also be looking to tackle some projects when considering selling their place. According to […]
This infographic helps to show you what the average full home remodel costs. Please keep in mind that prices can vary by region and the cost of supplies is ever increasing.
More residents are flocking to Oregon. The state landed in the number one spot in Atlas Van Lines’ latest annual Migration Patterns study, which tracks the nation’s interstate relocation patterns year-to-year in moves handled by Atlas. This marks the first time Oregon has topped the inbound moving list since 1995. The report showed that the […]