February 2015

Found 21 blog entries for February 2015.

ratesup_igarts_450cnbc.com - U.S. home buyers signed more contracts to buy existing homes in January than they have since August of 2013, according to the National Association of Realtors.

Its monthly index of so-called pending sales, an indicator of future closed sales, rose 1.7 percent month-to-month, and is now 8.4 percent higher than it was a year ago. This is the fifth straight month of year-over-year gains, and the gains are increasing.

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housemoney_volff_450zillow.com - Setting a home’s list price isn’t an exact science. A good real estate agent will recommend a price range, but never assign an exact price — that’s ultimately for the seller to decide.

Although sellers aren’t required to price according to inventory levels or the market condition, it’s smart to discuss these matters with your agent early and often to make an informed decision. Here are some considerations to keep in mind when choosing your listing price.

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blockhouse_denis-yulia-pogostins__450realtor.com - Q. We sold our parents’ home in 2014. What do we need to know for taxes this year?

A. The tax implications of a home sale can be complex, particularly when you’re selling a relative’s property rather than your primary residence. It’s always best to consult a professional tax adviser to get individualized advice, but there are some general tax tips that could apply to your situation.

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Photo:  ©[Denis Yulia Pogostins]/123RF.COM

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sale_chris_boswell_450realtor.com - If you’ve been following the news here on realtor.com in recent weeks, you’ll know we’re in a supertight real estate market. And today’s report from the National Association of Realtors® is yet more confirmation: Home sales declined in January to their lowest rate in nine months while home prices increased, the NAR said.

Sales of previously owned homes dropped 4.9% to a seasonally adjusted annual rate of 4.82 million in January, the lowest sales volume since April, according to the NAR existing-homes sales report. The median price of a house in January increased 6.2% to $199,600 year over year, according to the NAR.

Inventory is to blame.

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photo:  ©[chris boswell]/123RF.COM

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story_259zillow.com - Victorian architecture has aged well. Now, more than 100 years after their heyday, ornate yet refined Victorian homes stand out as much for their beauty as for their endearing peculiarities — asymmetrical design, varying rooflines and fanciful features such as turrets and towers.

While it’s easy to fall in love with a Victorian home, maintaining one is another matter. Often, the elements that mark a building as special are the ones that need the most care.

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house_nikolaichuk_450realtor.com - A home that used to house tenants can be a great deal for a home buyer—they often sell for less than owner-occupied homes. But there are reasons why these homes may command less than top dollar.

There are several things to weigh when considering buying a home that the owner didn’t occupy.

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Photo:  ©[Nikolai Chuk]/123RF.COM

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boots_zhekos_450realtor.com - It’s been a long week, and now you’re spending your weekend house hunting, running from one open house to another. You’re tired but still hopeful as you step into yet another home, only to be greeted with a command: Take off your shoes. What gives?

It might sound like a ridiculous request, but it’s not. Sellers have good reasons to make their open houses shoeless, but they should also take care not to offend buyers in the process.

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Photo:  ©[zhekos]/123RF.COM

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homealexanderstulov_450realtor.com - So you didn’t buy a house last year. That’s OK—you haven’t missed the boat yet on low mortgage rates or a healthy inventory of homes. In many ways, 2015 is a great time to buy a home, not the least of which is for certain tax breaks.

Here’s how you could enjoy three significant tax benefits if you purchase a home this year.

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Photo:  ©[alexander stulov]/123RF.COM

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menhouse_sellingpix_450zillow.com - When it comes to luxurious living, location is the crown jewel of home ownership. But which high-end amenities offer a return on investment — and should therefore be considered — and which don’t?

Strong curb appeal

Everyone wants a nicely manicured lawn and attractive landscaping, but going overboard with extras such as complex water features, animal-shaped hedges or a jungle-themed entryway is not universally appealing, and could be detrimental to your home’s value.

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housemoney_volff_450realtor.com - It’s getting more expensive to buy a house. Prices rose 6% in the fourth quarter of 2014 as buyers competed for fewer and fewer available homes for sale, according to new data from the National Association of Realtors®.

The NAR report shows most cities (86%) are experiencing rising prices, with fewer available homes to choose from. Just 24 cities, or 14%, recorded lower median prices in 2014 than in 2013.

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