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29 March 2014

Real Estate Resource Roundup: Top Stories of the Week: 3/29/2014

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Welcome to our Real Estate Resource Roundup, and happy Better Homes and Gardens National Open House Weekend. Visit a BHGRE Open House this weekend, take your picture with one of our open house signs, and submit it for a chance to win $2500! Subject to official rules, of course!

In the meantime, let’s take a quick look at some of the stories that popped up this week.

Home Prices in 20 U.S. Cities Rose 13.2% in Year to January
Residential real-estate prices climbed at a slower pace in the year through January than a month earlier, indicating momentum in the housing market may be cooling.

Housing Recovery Needs More Than Warmer Weather
As warmer weather arrives, home sales should heat up. But the thaw may be less than bullish housing investors are hoping for. 

New-Home Sales Fell 3.3% in February
New-home sales fell in February, the latest sign of severe weather and rising mortgage rates slowing the housing recovery. Sales of newly built homes fell 3.3% to a seasonally adjusted annual rate of 440,000 from a month earlier, the Commerce Department said Tuesday. 

Existing Home Sales
This infographic tweeted from REALTOR(R) on the February existing home sales highlights is definitely look a long look.

Surviving and Thriving in 2014
Better Homes and Gardens Real Estate brokers discuss their 2014 best practices for staying on top, keeping affiliated agents motivated and increasing profitability.

And finally, in our BHGRE universe, we released our Baby Boomer survey this week, covered by several national news outlets. Forbes wrote a great piece based on our survey, The Homes Boomers Will Retire In, with expert insight from Sherry Chris, president and CEO of Better Homes and Gardens Real Estate, and Patrick Jones from BHGRE Sonoran Desert Lifestyles.

Our survey findings were encouraging, because remember, this was a generation hit hard during the recession, and this commitment to lifestyle planning and desire for their “dream home” is a great show of optimism.

In Boomer Housing Boom Coming?, Sherry Chris joined Cheryl Casone on Fox Business to discuss how more than 50% of Baby Booms are on the move.

And finally, our survey findings gives us a chance to show off our infographic below, which can also be pinned from here. Be on the lookout, we’ll be posting something next week on the topic as well.

Baby Boomer Survey Findings

 

 

 

 

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