Regardless of where you live, experts are expecting that Baby Boomers will have a major impact on the local housing market. That’s because this sizeable portion of the population is comprised of 76.4 million individuals. And many of them are expected to make major moves over the next several years as they continue to retire. […]
All posts by David Azbill Group
Signed Contracts for US Homes Increase, Report Shows.
In the latest sign that the U.S. real estate market is improving, more Americans signed contracts to purchase homes in February than in nearly a year. The National Association of Realtors released the data, which showed that the seasonally adjusted pending home sales index increased 3.1 percent to 106.9 in February. That’s the highest it’s been […]
Report: US Home Prices See Gains in February
The national housing market continues to show gains, with home prices rising year-over-year during the month of February. This is fantastic news as it shows that the U.S. real estate market continues to rebound from the Great Recession. If you’re considering listing your home anytime soon, please continue reading to learn more about current national […]
Strong Start to Spring Housing Market
The Twin Cities housing market is enjoying a strong start to the traditionally “hot” buying and selling season, due in part to ongoing favorable interest rates and an improved economy. According to data collected by the Minneapolis Area Association of Realtors, new listings increased 23.2 percent to 5,690 in February, the largest year-over-year increase since […]
Shop Smart for Your Dream Home During the Spring Buying Season
Twin Cities Housing Market Shakes Off the 2014 Slump
The housing recovery in the Twin Cities appears to be back on track. Home sales in February rose 1.3 percent, their biggest gain since October 2013, and a sign of optimism for the months ahead. “If February is any indication, this spring is shaping up to be everything that spring markets should be,” said Mike Hoffman, […]
Minneapolis Downtown Ranks Second Best in U.S.
Downtown Minneapolis earned the No. 2 spot on a Livability.com list of the top downtown areas in the United States. One of many things that stands out about downtown Minneapolis, Minn., is that it’s surrounded by parks, lakes and rivers providing residents quick access to a variety of outdoor recreation, including cross-country skiing in the […]
January Pending Home Sales Hit Highest Level In 18 Months
The number of contracts signed to buy previously-owned homes in January marked the highest level in 18 months, the National Association of Realtors said Friday. NAR’s Pending Home Sales Index, which tracks contract signings (as opposed to closed sales), rose 1.7% in January to 104.2, from an upwardly revised December level of 102.5. (An index of […]
The National Real Estate Market Shows Positive Signs of Growth
Things are certainly looking up on the national real estate market! According to a recent report from the national Standard & Poor’s/Case-Shiller Home Price Index, home prices increased during the month of January despite cooling home sales. Experts believe that a tightening inventory helped to spur the rise in home prices. This is important information […]
Report: US Home Prices On the Rise
The National Association of Realtors recently announced the latest US real estate figures and the numbers are encouraging for anyone considering selling their home. Evidently, home price growth accelerated in much of the country during the fourth quarter of 2014. This is a fantastic development for anyone hoping to get a good price on their […]