6 Ways To Get Your Home Ready For A Spring Sale
Selling your home in the spring doesn’t mean you have to actually wait until spring to prepare your home for a sale. After the holiday whirlwind of festivities and guests, it’s time to get your house in order this winter for a successful spring sale.
https://www.forbes.com/sites/brendarichardson/2019/02/03/6-ways-to-get-your-home-ready-for-a-spring-sale/#70ca17d56f98
______________________________________________________________________________________________________________
Why You Should Sell Your Home in 2019
Stein’s Law, an economic theory articulated by presidential adviser Herb Stein in 1976, states that: “If something cannot go on forever, it will stop.”
https://www.homelight.com/blog/sell-house-in-2019/
______________________________________________________________________________________________________________
Strike While the Market’s Still Hot! 10 Data-Backed Reasons to Sell Your House in 2019
Coldwell Banker Hero of the Year Award! Our own Michelle McLean, Coldwell Banker Bain! The awards recognize Coldwell Banker affiliated real estate professionals who exemplify the core values of the organization
https://blog.coldwellbanker.com/2018-awards/
______________________________________________________________________________________________________________
Bathroom Linen Closets Are Most Wanted Bathroom Feature
A majority of home buyers – 78 percent — expressed that a ‘linen closet in the master bathroom’ is a desirable (52 percent) or an essential/must have bathroom feature (26 percent), putting it in first place in the most wanted bathroom features list (Figure 1).
http://eyeonhousing.org/2019/03/bathroom-linen-closets-are-most-wanted-bathroom-feature/
______________________________________________________________________________________________________________
Consumer Confidence Slips in March
After rebounding from the effects of the partial government shutdown in February, consumer confidence unexpectedly dropped in March. This is the fourth time decline in the past five months.
http://eyeonhousing.org/2019/03/consumer-confidence-slips-in-march/
__________________________________________________________________________________________________________
Job Gains in February
Total nonfarm employment, seasonally adjusted (SA) increased by 2.5 million jobs, year-over-year (YoY), or 1.7% from February 2018 to February 2019. During this time, total nonfarm employment in the Western and Southern regions increased by 1.7%. The Midwest and the Northeast recorded the lowest gains at 0.7% and 0.8% respectively, during this time.
http://eyeonhousing.org/2019/03/florida-leads-job-gains-in-february/
__________________________________________________________________________________________________________
Home prices in January see smallest gain in nearly 4 years: S&P Case-Shiller
Home prices are rising, but the gains are shrinking, since fewer buyers are able to afford the homes available for sale.
https://www.cnbc.com/2019/03/26/home-prices-in-january-see-smallest-gain-in-nearly-4-years-sp-case-shiller.html
__________________________________________________________________________________________________________
S&P CoreLogic Case-Shiller Seattle Home Price NSA Index
The S&P CoreLogic Case-Shiller Seattle Home Price NSA Index measures the average change in value of residential real estate in Seattle given a constant level of quality
https://fred.stlouisfed.org/series/SEXRNSA
______________________________________________________________________________________________________________
S&P/Case-Shiller OR-Portland Home Price Index
S&P Dow Jones Indices LLC, S&P/Case-Shiller OR-Portland Home Price Index [POXRSA], retrieved from FRED, Federal Reserve Bank of St. Louis;https://fred.stlouisfed.org/series/POXRSA, March 29, 2019.
https://fred.stlouisfed.org/series/POXRSA
______________________________________________________________________________________________________________
Here’s what the first Tesla solar roofs look like in the wild
Customers are sharing photos of the new solar tiles—and how well they perform
https://www.curbed.com/2017/8/3/16090066/tesla-solar-roof-installation-elon-musk
______________________________________________________________________________________________________________
The real estate transaction is broken. Tech companies want to fix it
Algorithm-powered home-flipping platforms have sparked a race to become the one-stop shop for all things real estate
https://www.curbed.com/2019/3/21/18252048/real-estate-house-flipping-zillow-ibuyer-opendoor
______________________________________________________________________________________________________________
Top 15 Home Features That Will Sell Your Home Fast—and for More Cash
It's one of the (many) high-stakes gambles of homeownership: that awesome new feature or design improvement you've been wishin' and hopin' (and of course savin') for might ultimately hurt, not help, your place's resale value.
https://www.realtor.com/news/trends/top-15-home-features-to-boost-your-homes-value-and-sell-it-faster/?identityID=5ba13acfad01bfed780047ca&MID=2019_0322_WeeklyNL&RID=5430775982&cid=eml_promo_Marketing_NonPRSL_WeeklyNL_cons.10811782_2019_0322_WeeklyNL-blog_1_top15features-blogs_trends
______________________________________________________________________________________________________________
Scared of Stocks? Buy a House Instead
New research shows that real estate is both a better and safer investment than previously believed.
https://www.bloomberg.com/opinion/articles/2019-03-21/buy-a-house-it-s-safer-than-the-stock-market
______________________________________________________________________________________________________________
Feng Shui Living: Tips to Get Ready for Spring
Feng shui has long withstood the test of time and many claim to attribute much of their success to this ancient Chinese practice. Here are tips on how to use Feng Shui to refresh your home’s energy just in time for spring.
https://blog.coldwellbanker.com/feng-shui-living-tips-to-get-ready-for-spring/
______________________________________________________________________________________________________________
'White-Boxing' Is the Hot New Real Estate Strategy That Lets Buyers Visualize Their Dream Home
As the spring home buying season kicks off, a new survey from the National Association of Realtors® shows that 83 percent of buyers' agents say that staging makes it easier for buyers to visualize a property as their future home, according to NAR's 2019 Profile of Home Staging,www.nar.realtor/reports/profile-of-home-staging(link is external).
https://www.nar.realtor/newsroom/more-than-80-percent-of-realtors-say-staged-houses-help-buyers-visualize-them-as-homes
______________________________________________________________________________________________________________
More Than 80 Percent of Realtors® Say Staged Houses Help Buyers Visualize Them as Homes
Cowlitz County’s housing market remained strong in February, and despite a little softening, it’s still a good time to sell a house, according to statistics from the Northwest Multiple Listing Service and area real estate agents.
https://tdn.com/news/local/cowlitz-county-housing-market-still-hot-in-february/article_d5181055-e34d-5fd1-bf60-62f22b3e53a4.html
__________________________________________________________________________________________________________
Seattle-area home price cool-down stands out among U.S. cities
Since the local market peaked last spring, single-family home prices have fallen twice as fast in the Seattle metro area as in any other region in the country, according to the monthly Case-Shiller home-price index, released Tuesday.
https://www.seattletimes.com/business/real-estate/seattle-area-home-price-cooldown-stands-out-amid-u-s-cities/
__________________________________________________________________________________________________________
US charges Facebook with high-tech housing discrimination
The federal government charged Facebook with high-tech housing discrimination Thursday for allegedly allowing landlords and real estate brokers to systematically exclude groups such as non-Christians, immigrants and minorities from seeing ads for houses and apartments.
https://www.seattletimes.com/business/facebook-facing-housing-discrimination-charges-from-hud/
______________________________________________________________________________________________________________
Portland-area home prices climb at slowest rate in 6 years
Home prices in the Portland metro continued their upward climb in January but at their slowest rate since 2012.
https://www.oregonlive.com/business/2019/03/portland-area-home-prices-climb-at-slowest-rate-in-6-years.html
______________________________________________________________________________________________________________
Portland new condo market slows slightly, redevelopment projected
The number of Portland condominiums sold leveled out in 2018, a trend that coincides with national trends.
http://www.mainebiz.biz/article/20190325/NEWS01/190329968
______________________________________________________________________________________________________________
Paul Allen Had An Enormously Valuable Real Estate Portfolio When He Died
When Microsoft co-founder Paul Allen died in October, he left behind a huge portfolio of real estate. From a Manhattan penthouse to a 4,000-acre retreat in Idaho to a mega-yacht, Allen had a home for any mood. He could stay in the city while in New York, Beverly Hills, or Portland.
https://www.celebritynetworth.com/articles/billionaire-news/paul-allen-had-an-enormously-valuable-real-estate-portfolio-when-he-died/
_______________________________________________________________________________________________________________
More homeowners are opting to remodel instead of move
Home remodeling is expected to grow over the next two years as more of the nation’s homeowners elect to fix up rather than sell off the roofs over their heads.
https://www.seattletimes.com/business/real-estate/more-homeowners-are-opting-to-remodel-instead-of-move/
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness - Zip Code and County Hotness
https://www.realtor.com/research/reports/hottest-markets/
______________________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
Economic Indicators
U.S. Census Bureau Economic Indicators
https://www.census.gov/economic-indicators/
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
______________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
______________________________________________________________________________________________________________
Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
https://www.nahb.org/en/research/housing-economics.aspx
