Positive September: Home Sales Increase, Along With the Price

Let's take a moment and thank September for a great month in national home sales. The rise in home sales continues and this past month is quite indicative. For existing home sales–5.17 million, it was the strongest month in an entire year, according to a report by Zillow, a real estate research company. This total is also up 2.4 percent from last month. The volume of these existing home sales had been on a decline, but this month turned that around. Not only was existing home sales up, but also the price of these homes. The average cost of these homes was $209,000, which was up 0.6 percent from Augu…

New-Home Sales Reach Highest Total Since 2008

The housing market has been on a slow progression upward after taking the fall in 2007 and 2008. According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, this past August saw the highest seasonally adjusted rate of new home sales since 2008. The report showed a rate of 504,000 units, which was an 18 percent increase. These units are single-family homes. "This jump in sales activity is in line with our latest surveys, which indicate builders are seeing increased traffic and more serious buyers in the market for single-family homes," said Kevin Kelly, chairman of the N…

Origin Architects Attending the Better Home Show EXPO

The Better Home Show EXPO will take place at MainStreet America this Saturday, Oct. 11, from 11 a.m. to 4 p.m., which will host various home improvement, home technology, and home décor product companies. One of those companies will be Origin Architects, the architectural firm that designed the 12 showcase homes of MainStreet America. Javier Medina, the principal of Origin Architects, will be on hand to answer questions and schedule appointments. Come learn how the design process works for creating a custom home, and how the firm and Medina focus solely on the clients' needs. At the Origin Architects boo…

The Millennial Home Demand Is On the Boom

There are approximately 8.3 million Millennials right now running through the U.S. system. This group is made up of 18- to 34-year-olds, is larger than the Baby Boomer Generation, and they're looking for new homes. "These people are starting to enter the housing market," said Dale Phillips, co-host of the Better Home Show and President of DPIS Engineering. "One of the characteristics of these folks is that they are late bloomers in a way." Phillips described how Baby Boomers quickly moved into their own home, got married, and had kids. He said that his generation got started a little earlier than th…

Archives by Year:

Archives by Month:

Archives by Subject: