Monthly Archives: February 2014

Nicole’s Real Estate News – February 2014

 THE BUZZ Reflection is important in real estate. The years of 2008-2012 marked a downswing and a time of indecision. Buyers were scarce and prices fell. The economy offered no confidence. Mortgage restrictions negatively affected sales. It was a buyer’s … Continue reading

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Nicole’s Real Estate News – January 2014

 THE BUZZ Real estate continues to be a good place to invest. Lawrence Yun, the National Association of Realtor’s Chief Economist, recently stated, “Although the final months of 2013 are finishing on a soft note, the year as a whole … Continue reading

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Nicole’s Real Estate News – December 2013

THE BUZZ The housing market in 2013 reflects a seasonal real estate pattern. After the hot housing frenzy in the spring, with multiple offers and rising prices, sales slowed. November data is being tabulated now, but October marked the fifth … Continue reading

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Nicole’s Real Estate News – November 2013

 THE BUZZ After 29 months of increased home sales nationwide, pending home sales have declined. Higher mortgage rates and higher home prices seem to have curbed buying power. The government partial shutdown also impacted the housing recovery. Because the IRS … Continue reading

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Nicole’s Real Estate News – September 2013

 THE BUZZ The market is still positive.  The National Association of Realtors projects home sales to increase 10-11 % for all of 2013, totaling about 5.1 million sales. The last three-month average for pending sales is higher than any time … Continue reading

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Nicole’s Real Estate News August 2013

 THE BUZZ Pent-up demand and favorable affordability conditions are driving up existing home sales.  According to the National Association of Realtors®, the median price shows seven straight months of double-digit, year-over-year increases.  Multiple offers on competitively priced homes are still … Continue reading

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Nicole’s Real Estate News July 2013

 THE BUZZ The current trend in real estate is for sustainable growth.  The issue is pent-up demand with buyer traffic nationwide at 29 % above a year ago.  The most recent stats release on June 30th from the National Association … Continue reading

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Nicole’s Real Estate News June 2013

THE BUZZ The real estate market is strong with existing home sales continuing to rise in value. In 41 states, prices were higher last month than at the same time a year ago. Price gains were largest in the West. … Continue reading

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Nicole’s Real Estate News May 2013

  For the past few months, we have experienced a hot real estate market. Well-priced homes have multiple offers and may sell for more than the asking price. If you are still looking or thinking of selling, now is the … Continue reading

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