Tag Archives house hunting

Zillow Study Busts First-Time Buyer Myths

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Everything you think you know about first-time buyers is wrong. This new info comes fresh from a recent 160-question Zillow Group survey conducted with 13,000 homebuyers and sellers who closed transactions in 2016. The results of the survey bust several prevalent first-time buyer myths wide open and are soon to be released for the general public’s access. For starters? In 2016, a whopping 53 percent of all buyer sales were to …

Q2-2016 Market Climate Map: Median Sale Prices for Condos & Co-Ops

By Posted on 1 min read 284 views

Second quarter numbers are in for LA-area condos and co-ops, and it looks like the median sales prices are on the rise. With a few exceptions (Topanga, Pacific Palisades, and DTLA, to name a few), this new map shows that, even though summer’s coming to an end, things are getting a little warmer down here. CLICK HERE for a larger version of this map. …

Space Crunch: Renters More Likely to Feel the Squeeze

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When you’re looking for a new home, what’s the first decision you make? In all likelihood, it’s the number of bedrooms you’ll need. However, it’s becoming less commonplace for the number of rooms to match the number of residents–a statistic that Trulia mined from the U.S. Census 2014 5-year American Community Survey data. It wasn’t that long ago that bedroom-sharing was a common practice, especially in families with children and/or elders. …

7 Essential Home Fixes For Selling

By Posted on 2 min read 346 views

As everyone knows, it’s a rare property that’s ready to sell as-is. Getting ready to sell involves a long and daunting to-do list that can seem impossible to tackle, especially for newer agents. With all of these tasks, it’s sometimes hard to know what to prioritize when getting a property market-ready. Fortunately, award-winning Broker Associate Cara Ameer has put together a comprehensive list of what sellers should focus on. Structural and …

Is the Housing Market Cooling Down?

By Posted on 2 min read 282 views

It’s true what they say: what goes up, must come down. In this case, at least, “down” just means a slight plateau. (Don’t worry–this isn’t 2007.) According to the Dow Jones S&P/Case-Shiller National Home Price Index released yesterday and an analysis from Ralph McLaughlin, Trulia’s chief economist, May 2016 marks 49 months in a row of positive home price gains. Thanks to double-digit appreciation from 2012-2014, homeowners have been successfully recouping …

NEW: Alpha Listing Search Updates!

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This week, we added some exciting updates to the MLS Alpha Listing Search, and we couldn’t be more thrilled to show our members all of the awesome new ways they maximize their search efficiency and help clients find their dream homes! The update includes: “Email Listing” and “Add to Cart” options now available on each pin in Map View Ability to choose MLS Public Records or RealTX in Settings Separate Report …

First-Time Buyers Cause Spike in Existing-Home Sales

By Posted on 2 min read 335 views

Over the past few years, first-time homebuyers have been inundated with bad news, bad luck, and bad everything else. Finally, though, things have taken a turn for the good. The share of first-time buyers who purchased homes in June 2016 was the highest recorded in four years (since July 2012!), according to the latest National Association of Realtors’ Existing-Home Sales report. For the first half of the year, first-time buyers made …