A little early for this week’s edition of the Real Estate Resource Roundup. We wanted to share these industry articles before the holidays!
Planning to Sell in the Spring? 5 Tips to Get Your Home Ready Now
Our very own Jennifer Fredericks of Better Homes and Gardens Real Estate Preferred Living in College Station, Texas, is included in this article on top tips for people who are preparing to sell their home in the spring.
Home prices rise 11%
According to the new data from the S&P/Case-Shriller home price index, home prices posted their first double-digital gain in the third quarter since near the height of the housing bubble. However, the quarter-over quarter gain slowed to 3%, which suggests the market’s shift to slower growth rather than one about to accelerate.
If You Build It, Will They Come?
Recently, the Commerce Department reported that building permits increased in both September and October. While builders are going ahead with these lofty construction plans, the question of whether or not there will be enough buyers for all these new homes is the main issue.
Short sales falling out of favor with lenders as prices surge
According to the latest report from RealtyTrac, short sales have become less favorable for lenders due to the strong demand from institutional investors and other cash buyers able to buy at public foreclosure auctions. Lenders are going back to traditional foreclosure auction sales and bank-owned sales as a result.
And, one more link for the holidays, because this infographic has been making the rounds this week on Pinterest!