Entries by Phil Whitehead

How to Utilize Cryptocurrency When Buying Real Estate

By Brooke Chaplan The growth of cryptocurrencies (crypto) and blockchain is huge news. Whether you’re on board with the idea of digital currency or not, it’s one of the most significant advances in the financial world in recent years. Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH) are still confusing and sound foreign to many business […]

Three Tips To Prepare Your Home For The Long Haul

By Brentnie Daggett Your home is likely the largest investment you’ll ever make, and the cardinal rule of investing is to protect and preserve. Preventative home maintenance will not only protect your home and preserve its value, but it will also help you save money in the long run. Beyond the financial aspect, you want […]

Pending Home Sales Break Trend, Rising After Two Months of Declines

By RISMedia Staff Pending home sales increased in March after posting two consecutive months of declines, according to the National Association of REALTORS® (NAR). Regionally, all areas except one experienced month-over-month gains in March; however, each area saw year-over-year growth. The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, increased […]

CoreLogic® recently released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for February 2021.

Home prices continued to increase in February, reaching the highest annual gain since April 2006, as demand continues to clash with historically low supply. These factors have created increased affordability challenges, especially as mortgage rates also begin to rise. CoreLogic analysis also shows homebuyers have steadily moved away from densely populated, high-cost coastal areas in favor of […]

Home-Price Surge Reflects Nationwide Housing Competition

The U.S. housing market is experiencing a historic boom as heated competition for a declining supply of homes continues to raise price tags at a record pace. “In many areas of the country, there are half as many available homes for sale than a year ago—and in some markets, that number increases to less than […]

What to Expect From a Home Inspection

Do you know what to expect from a buyer’s home inspection? When your property is on the market, expect a home inspection to take place. This is positive, as it means someone is willing to pay to have it checked over, and then move forward with the purchase. No house, especially an old house, is […]

Sky-High Lumber Cost Stings New Inventory Production in Market

As the lumber industry tries to meet the overwhelming demand for building materials, experts say the supply of homes has continued to dwindle under lagging new construction and rising price tags. “We’re still amid major shortages across the country, where the lead time for people to get their lumber can be months instead of weeks,” says […]

Home Improvement Surge Straining Inventory Shortage

Razor-thin inventory may be straining the housing market, but experts say the ongoing boom in home remodeling may be exacerbating the issue. “When the pandemic hit in mid-March, and the lockdown began, people were forced to use their homes differently and include a lot of functions that they hadn’t historically been doing out of their […]

Zillow Group Population Science Homeowner Survey: Q1 2021

By Edward Berchick on Apr. 6, 2021 Zillow Group Population Science’s first quarterly survey of homeowners probed their intentions to sell their home and move, their reasons for moving or not moving and the resources they expect to use (if moving within the next few years). Homeowners were also asked about the influence of the COVID-19 pandemic […]

How to Decide on the Ideal Home Size for Your Family

Making the choice to purchase a new home is a major decision for anyone. Once you’ve settled on the idea that you do want to buy a home, there are many more options you’ll have to face; one of the most important is the ideal size of a home to best fit your family and […]