Tag Archives: inventory

Top 10s, Red Flags and a UFO

Redefy Real Estate housing news image of Jet Capsule UFO bottom

Redefy housing news 1.16.2017

This week in housing news you can use, we have 4 Top 10s in housing, concern about deals, what Trump needs to do to help housing, and a UFO you can live in. Continue reading Top 10s, Red Flags and a UFO

Buffer this pagePrint this pageShare on Facebook2Digg thisTweet about this on TwitterShare on Google+0Share on LinkedIn0Pin on Pinterest0Email this to someoneShare on Reddit0Share on Tumblr0Share on StumbleUpon0

The Homeowner’s Year-End Checklist

Redefy Real Estate homeowner year end checklist

The end of the year is coming fast. As a homeowner, there are some timely issues that will benefit you financially to review. In between the holiday celebrations, get yourself set for a sound new year by going through this checklist before the clock strikes midnight. Continue reading The Homeowner’s Year-End Checklist

Buffer this pagePrint this pageShare on Facebook6Digg thisTweet about this on TwitterShare on Google+0Share on LinkedIn0Pin on Pinterest1Email this to someoneShare on Reddit0Share on Tumblr0Share on StumbleUpon0

25 best holiday planning tips to save your sanity

Redefy Real Estate holiday planning place setting by Pixabay

Ready. Set. Holidays. When the leaves start to change, the holiday countdown begins. It brings excitement and panic at the same time. Take a breath and check out our list of 25 holiday planning tips to save your sanity.

Continue reading 25 best holiday planning tips to save your sanity

Buffer this pagePrint this pageShare on Facebook0Digg thisTweet about this on TwitterShare on Google+0Share on LinkedIn0Pin on Pinterest0Email this to someoneShare on Reddit0Share on Tumblr0Share on StumbleUpon0

The Fed, Communes and Barges

Redefy Real Estate housing news 092616 barge by BIG
An Urban Rigger barge complex. Image: Urban Bjarke Ingels Group

Redefy housing news 9-26-2016

This week in housing news you can use, the Fed wrestles with rates, millennials find value in co-housing, and barges may solve some housing shortages. Continue reading The Fed, Communes and Barges

Buffer this pagePrint this pageShare on Facebook0Digg thisTweet about this on TwitterShare on Google+0Share on LinkedIn0Pin on Pinterest0Email this to someoneShare on Reddit0Share on Tumblr0Share on StumbleUpon0

2016 Housing Market Springs Forward

Redefy 2016 Housing Market Springs Forward
SOURCE: National Association of Realtors

Strong Spring sales for existing and new construction bolstered optimism for the 2016 housing market. Continued low interest rates and increased inventory combined to provide more opportunities for first-time and repeat home buyers.

According to the National Association of Realtors, total existing home sales for the US went up 5.1 percent. This boost in the housing market reflects completed transactions for single family homes, townhomes, condominiums and co-ops. After a decline in February that concerned market-watchers, sales rose in all four US markets – the Northeast, Midwest, South and West.

“With rents steadily rising and average fixed rates well below 4 percent, qualified first-time buyers should be more active participants than what they are right now.” — Lawrence Yun, NAR Chief Economist

“Buyer demand remains sturdy in most areas this spring and the mid-priced market is doing quite well. However, sales are softer both at the very low and very high ends of the market because of supply limitations and affordability pressures.” said Lawrence Yun, NAR chief economist.

According to the NAR report, the median existing-home price for all housing types in March was $222,700, up 5.7 percent from March 2015 ($210,700). This is the 49th consecutive month of year-over-year gains in the housing market. Total housing inventory increased 5.9 percent to 1.98 million existing homes available for sale (1.5 percent lower than a year ago).

Redefy 2016 Housing Market Springs Forward

The National Association of Home Builders (NHB) also reported confidence for new home construction. The NAHB/Wells Fargo Housing Market Index (HMI) reported that although single-family starts were down 9.2 percent from February 2016, the industry posted an overall 22.6 percent increase of single-family starts from March 2015.


Thinking about new construction? Read why You Need an Agent for New Home Construction.


As rents increase, Yun advises the housing market is poised for first-time buyers to aggressively seek out homes to buy: “With rents steadily rising and average fixed rates well below 4 percent, qualified first-time buyers should be more active participants than what they are right now.”

#flatfeefullservice means you get everything you’ve come to expect when you buy and sell, plus you save thousands over traditional real estate commissions when you list with Redefy Real Estate.

Buffer this pagePrint this pageShare on Facebook31Digg thisTweet about this on TwitterShare on Google+0Share on LinkedIn19Pin on Pinterest0Email this to someoneShare on Reddit0Share on Tumblr0Share on StumbleUpon0