Social benefits of homeownership

How being a home owner benefits your life Owning a home is more than just making a financial investment — it’s also about investing in your family’s social benefits. The infographic below from CAR.org sums it up well; being a homeowner provides: Educational success — statistically children of homeowners have higher achievement in reading and …

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Existing-home sales in 2013 were strongest in 7 years

Existing-home sales last year hit their highest level since 2006 as the housing market continued to stabilize, the NATIONAL ASSOCIATION OF REALTORS® (NAR) reported. Compared to 2012, existing-home sales in 2013 increased 9.1 percent to 5.09 million, marking the strongest performance since 2006, “when sales reached an unsustainably high 6.48 million at the close of …

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Best Year for Home Sales Since 2006

According to a report from the National Association of Realtors (NAR), in 2013 homeowners sold about 5 million homes — which is the highest amount of home sales since housing boom year of 2006. This amount is 9.2% higher than home sales for 2012, while nearly 20% up from 2011. Read CNN Money’s article on …

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Buyer demand continues into October

An analysis of listings data released by realtor.com suggests that homes continued to turn over quickly in October, in defiance of seasonal patterns and in spite of price increases driven by inventory shortages in many markets. The 1.9 million homes listed on realtor.com during October had been on the market for 94 days on average …

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