Nationwide Real Estate Update: March 29, 2013

Nationwide Real Estate Update: March 29, 2013

Well, it looks like the Spring market arrived early for the Philadelphia Real Estate community and some other major cities in the US.  The weather is changing and the buyers are out in droves.   Here’s this week’s real estate news update and as always please pass the good news along to your friends and clients.

Home Sales Hit Fastest Pace In Three Years

The National Association of Realtors indicates that the sale of previously owned homes hit a three-year high in February, a sign the economy is definitely on the mend. http://www.investopedia.com/stock-analysis/032213/home-sales-hit-fastest-pace-three-years-xhb-itb-mort-bx-brkb-xlf.aspx?partner=rss_headlines

What Do Buyers Really Want In A Home?

What sets one home apart from another as buyers are touring homes? http://www.linkedin.com/today/post/article/20130322182846-11341570-what-do-buyers-really-want-in-a-home

Home Prices: Biggest Rise Since Housing Bubble

Home prices continued their recovery, rising 8.1% in January, although a separate report showed a slight slowdown in new-home sales. http://money.cnn.com/2013/03/26/news/economy/housing-recovery/index.html?section=money_realestate&

How to be the Most Attractive Homebuyer

The spring season tends to flood the housing market with buyers, and in markets with low inventory levels, the competition is stiff.  http://www.foxbusiness.com/personal-finance/2013/03/21/how-to-be-most-attractive-homebuyer/?intcmp=related

CHART OF THE DAY: That’s What A Housing Recovery Looks Like

This beautiful chart from today’s Case-Shiller house price report shows that housing has made a comeback. http://www.businessinsider.com/chart-of-the-day-january-case-shiller-2013-3

 

Post compliments of the CenterCityTeam Philadelphia Real Estate Blog

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Frank L. DeFazio
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