Tag Archives: rent

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

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DIY or Full Service? Understand Your Moving Options

Redefy Real Estate understanding moving options

Buying a house is exciting. Selling a house is stressful. But moving? The worst! Researching moving options for your timetable, budget and ­­ability can be overwhelming. Let’s break down the four moving options available to you:

Continue reading DIY or Full Service? Understand Your Moving Options

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Army Rentals, Gnomes and the New Normal: Housing News 8.8.16

Redefy Real Estate Army men, gnomes and the new normal: Housing news 8.8.16 Leopold at the Grand Canyon via Global News.
Source: Bev York via Global News

This week in housing news, the Army rents to civilians, the US real estate market nears normal, luxury homes get a boost, and Leopold the garden gnome has an excellent adventure.

Continue reading Army Rentals, Gnomes and the New Normal: Housing News 8.8.16

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Zestimates, Credit and Ghostbusters: Housing News 7.18.16

This week in real estate, Millennials are buying big, Zestimates flop, credit improves, the Ghostbusters find a new home and someone finally answers the buy-vs-rent question.

Top 10 Cities for Millennial Home Buyers

Millennial buyers are ditching the glamour (and expense) of the Big Apple and Silicon Valley for trendy and upcoming metropolitan centers with lower median home listing prices:

Continue reading Zestimates, Credit and Ghostbusters: Housing News 7.18.16

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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.

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