For the first time in more than 12 months, median home sales price growth has fallen into the single digits, growing 8.9% on a year-over-year basis as of March 31, according to a new report issued by ZipRealty. The year-over-year increase observed for March 2014 was three percentage points lower than the 11.7% gain seen in February 2014.
As warmer weather rolls around each year, homeowners start considering the benefits of having a private pool in their backyard. Installing a pool can be a great way to increase a home's beauty and value. However, it's wise to consider many different factors before taking the plunge.
When housing prices bottomed in 2009, the volume of home equity loans declined due to the huge drop in home values across the country. From the spring of 2007 to the first quarter of 2009, $16.4 trillion in household wealth was lost in the U.S., according to a CNNMoney report.
A shortage of available inventory and an increase in institutional investor activity have pushed buyers out of the market in several metro areas nationwide. A quarter of all home buyers purchased with cash in 2012 and 2013, although that number appears to be dwindling, according to a recent ZipRealty study.
Do you have mold growing in your home? Mold grows when there’s bad ventilation, leaks or water seeping allowing for moisture to enter the home. Human symptoms of mold include eye, nose and throat irritation, colds, nausea, bad immunity and breathing problems. If you have any of these problems, it’s time to locate and remove mold in your home.
As housing inventory continues to tighten, finding the most affordable places to live is no easy task. That’s why ZipRealty set out to find the Most Affordable Housing Markets of 2014. To create the list, we analyzed median home sales price data in 30 metropolitan areas as well as the latest family income data from the Department of Housing & Urban Development. Among the areas surveyed, regions east of the Rocky Mountains are the best places to find real estate bargains!
Need affordable options to make your house shine for buyers? Going into the spring real estate market with lots of competition, it’s important to make your house attractive to buyers. However, you don’t want to spend thousands of dollars on remodels and additions, money that could be going into your new home.
Instead, here are some cheap and effective solutions to increase your home’s appeal and keep your bank account solid for your next move:
Whether you want to add some curb appeal before you put your home on the market or you just want to give you garden a cheerful lift, flowers are a surefire way to make your garden shine during spring.
Is your front porch prepared for the warm weather and sunny days ahead? Transform your front porch from a simple addition to a whole new room by redesigning it. There are different elements you can use to create a new kind of front porch, and what you choose will determine its design and functions.
To help you achieve the front porch of your dreams, here are some main design elements to consider:
1. Make it comfy.
As the spring home-buying season kicks in to full gear, there are finally signs of new inventory opportunities for home buyers in select cities, according to ZipRealty’s latest report. Some of the most encouraging trends are found in the western US: In the month ended Feb. 28, 2014, the number of new listings for sale was 23% higher year-over-year in Phoenix; up 20% year-to-year in Los Angeles; and Sacramento, San Diego and Tucson all saw a 14% increase in newly listed properties year-over-year.