RE Buzz – Best Real Estate stories for week ending March 19, 2013

RE Buzz – last week’s best real estate stories:

• Low down-payments are back as lenders ease rules – Economy Watch on NBCNews.com
  "As housing heads into the critical spring market, credit is finally beginning to thaw. "
• Early Bird Buyers Try to Beat Tight Inventories | RealEstateEconomyWatch.com
  "The average home now spends less than 100 days on Realtor.com. That’s the fastest average time in for a listing to spend in our inventory since October."
• Lengthy foreclosure timelines carry hidden costs for homebuyers | HousingWire
  "Foreclosure timelines across the U.S. continue to vary, but they remain significantly higher in both judicial and non-judicial foreclosure states, CoreLogic said."
• Demand Soars as Homes Are Selling Faster | Realtor Magazine
  Homes are selling faster as buyer demand picks up, leaving a very low supply of homes  left for sale, according to the latest February MLS data figures from Realtor.com. Homes in February sold faster than in any February since 2007, according to the site.
• Why Do Short Sales Take So Long?
  It’s a question many buyers and Realtors ask.
• Housing Inventory declines 16% year-over-year in February
  I would love to see more listings on the market, and so would a lot of potential home buyers.
• Residential Property Values increased 5.7% year-over-year in January
  "The latest FNC Residential Price Index® (RPI) indicates that U.S. property values continued to recover through January—the 11th consecutive month of rising prices. "
• Buyers Value Storage Space, In-LawSuites,NAR Survey Finds
  March 14th 2013 (Realtor.org) The National Association of Realtors® 2013 Profile of Buyers’ Home Feature Preferences examines the features buyers prefer when it comes to purchasing a home, as well as the differences in preferences when it comes to factors such as region, demographics and household composition. The survey captures buyers who purchased a home between 2010 and 2012.
• U.S. Home Price Appreciation by State Infographic | 29doors
  Did it make financial sense to buy a home in the last decade? If you were in the right state, yes! What has home price appreciation in your town been like?
• Tips to Improve Your Home’s Insulation
• Calculated Risk: Existing Home Inventory is up 5.0% year-to-date on March 11th
  "In normal times, there is a clear seasonal pattern for inventory, with the low point for inventory in late December or early January, and then peaking in mid-to-late summer."

All my curated real estate links are archived at http://delicious.com/joespake/realestate. What are your thoughts? If you are interested in one of these stories, start a conversation in the comments section below.

Digest powered by RSS Digest

• Author
• Recent Posts

Joe Spake

Realtor at InCity Realty

Joe Spake is a Real Estate Broker and Consultant, specializing in Midtown, Downtown, and East Memphis residential properties. His interests include architecture, community activism, music, photography and cooking. Get more great real estate information on Joe's Facebook Page. Call 901-870-3440 or Email Joe@spake.com

Latest posts by Joe Spake (see all)

• Thank You, Essential Workers - September 7, 2020
• Mid-Century Modern for sale – 346 Waring, Memphis, TN - July 9, 2013
• RE Buzz – Real Estate News Roundup – July 9, 2013 - July 9, 2013