Existing home sales and home prices are expected to rise next year, according to an economic forecast presented by Lawrence Yun, chief economist for the National Association of REALTORS®, and Mel Watt, director of the Federal Housing Finance Agency at a residential real estate forum held during the 2014 REALTORS® Conference & Expo in New
A recent Gallup poll found that Americans realize real estate is the best long-term investment. With mortgage rates at record low rates and reasonable prices in the non-urban sectors of the nation, now is the ideal time to look for an investment that can appreciate in value over time, produce income and uniquely gives you
Over the last decade big things have been changing in real estate sales and the biggest change … the auction market. For a long time, the auction industry was primarily considered a fix to relieve the market of distressed or unwanted properties. This is no longer the case and as a real estate owner, you
Discretionary spending all but vanished during the “Great Recession” for the previous decade, but key indicators show that Americans are returning to vacation properties as an investment and a place to enjoy. Many consumers have spent the last few years getting their credit back in order and rebuilding their financial health, and most are seeing
Both residential and land sales showed strong growth and stability in 2013. Pent up demand, much improved consumer financial health, rising rents, low mortgage rates improving economic conditions and increased confidence in residential property as an investment all point toward an optimistic look at the real estate market outlook for 2014. Most industry leaders agree
Housing prices continued to strengthen in December rounding out a year of recovery in 2013. CNN reported on the S&P/Case-Shiller home price index, which showed a 13.6% increase in housing prices nationwide. United Country reported strong increases in nationwide homes in the smaller cities, towns and surrounding, non-urban, market they service in 2013 as well,
The housing market is looking up nationally and especially in the non-urban regions. CNBC reported a 25.4 percent increase in sales during the month of October. At United Country, we saw a 26.9% increase in October home sales versus 2012 and the numbers keep climbing.
In November, we saw an impressive increase of 37.8% in residential
When Americans remodel or build new homes, that is good news for the timber industry and timber owners. Current trends are showing a great recovery ongoing in this lucrative market.
United Country has seen a 33% increase in sales of residential building lots in August and a 45% rise year-to-date. Numbers like these show a marked
Existing home sales rose 7.9% to a six-and-a-half-year high in August, according to the Census Bureau. This increase is due in part to anticipation of rising mortgage interest rates. Is now the time to sell or buy?
An increase in mortgage costs is an extremely important factor in real estate purchase decisions, and most consumers suspect
While the real estate industry saw farmland selling at all-time record highs last year given the dramatic increase in crop prices, this year’s story appears to be the return of more discretionary land purchases. For example, at United Country Real Estate, the nation’s largest seller of non-urban real estate, recreational property sales are up double