While the commercial market still faces its share of challenges, Realtors specializing in commercial real estate expressed confidence in the marked improvement seen in the market over the last year at a commercial economic issues and trends forum at the Realtors Legislative Meetings and Trade Expo. National Association of Realtors Chief Economist Lawrence Yun led a panel … [Read more...] about Commercial market continues recovery
Experts: Easier-to-get mortgages may not draw more buyers
Most experts surveyed in the latest Zillow Home Price Expectations Survey said it's going to get easier to get a mortgage in the next several years, but they were divided about whether that would spur more renters to buy homes. The survey, sponsored quarterly by Zillow and conducted by Pulsenomics LLCi, asked panelists about their expectations for mortgage availability, home … [Read more...] about Experts: Easier-to-get mortgages may not draw more buyers
Open houses this weekend across the North Fork
It's springtime on the North Fork, and that means it's house-hunting season! Visit these beautiful local homes this weekend as they hold open houses. See our full list of upcoming open houses on our North Fork real estate portal. Saturday, May 9 2350 North Private Road, Wading River: $484,990. 5 beds, 3 baths. 1.23 acres, master suite with balcony, new granite kitchen. 12-2 … [Read more...] about Open houses this weekend across the North Fork
Return buyers expected to boost housing demand in coming years
Nearly a decade since the start of the foreclosure crisis, formerly distressed homeowners with restored credit are re-entering the housing market, but damaged credit profiles and lender overlays will greatly restrict the overall share of those eligible to buy, according to new research from the National Association of Realtors. California, Florida and Arizona are expected to … [Read more...] about Return buyers expected to boost housing demand in coming years
Existing-home sales spike in March
Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of Realtors. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace. Total existing-home sales, which are completed transactions that include … [Read more...] about Existing-home sales spike in March