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How Long Does it Take to Build a Single-Family Home?

The NAHB’s Eye on Housing recently took a hard look at building data from the U.S. Census Bureau and found that the average completion time of a single-family house is around 7.5 months – which normally includes about a month from authorization to start and then another 6.5...
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Rise of the Older, Single Female Home Buyer

More and more older single women are purchasing homes at an increasing clip.  This interesting aspect of potential homebuyers was recently reported by the Wall Street Journal and reposted by Realtor.com.  Interestingly, the article points out census data showing that, since 1981, single women over 55 have been...
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New Home Sales Up 6.7% in May

The U.S. government is reporting that sales of new single-family houses in May, 2018, were at a seasonally adjusted annual rate of 689k, which is 6.7% higher than April’s revised rate and 14.1% higher than May, 2017.  The median sales price of new houses sold in May was...
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Home Buyer & Seller Generation Trends for 2018

For over 5 years the National Association of Realtors has issued their annual Home Buyers and Sellers Generational Trends Report.  This report provides insights into differences and similarities across generations of home buyers and sellers. It’s good data…these are your customers!  Happy Friday!!! “One consistent finding for the...
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New Single-Family Home Size Increases

Reversing a trend over the past couple years, the sizes of new single-family homes have been increasing since the start of 2018. The NAHB’s Eye on Housing recently dug into data from the U.S. Census Bureau to show that the median single-family square floor area increased to 2,436 square feet...
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Slaying Home Buying Myths

You don’t need a perfect credit score or even a large down payment to buy a house.  Heck, with creative financing the dream of homeownership is within a much closer reach than most people realize.  However, today’s infographic from Keeping Current Matters attempts to slay the myths about...
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Five Years Worth of Home Price Appreciation

The folks over at Keeping Current Matters crunched the numbers, using data from CoreLogic, to focus on home price appreciation from December 2012 through December 2017.   The data show that nationwide, cumulative appreciation over the five-year period was 37.4%, with Nevada experiencing the largest high of 66% and...
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