So, you have finally decided to sell your house. With market conditions being as they are, this can end as a huge success – or a great disaster. A successful sale depends on whether you can make the house appealing to the local housing market or not. Here are the main steps for you to […]
Lance Sonka
20 year building industry veteran helping home buyers build new construction homes in the Greater Houston area. Member of NAREE, NAHB and Publisher at HousingMarket.com, while currently serving on the Board of Directors of a local non-profit organization that supports positive mental health care for all regardless of economic status.
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How-to Benefit from the 2019 U.S. Housing Market
HousingMarket Article: The U.S. Housing Market and How-to Benefit in 2019 The housing market is something many think they know something about – but most lack a proper understanding. Sure, the American dream is to one day own a home, raising a family and saving for retirement. However, the housing market, if used correctly can […]
Posted inHousing Market
Do Short-Term Rentals Affect Local Housing Markets?
Short-term rentals have become quite a common occurrence nowadays, particularly for people that no longer see the appeal of hotels and wish to obtain the privacy of their place. Platforms such as Airbnb have become quite popular – and have grown quite a lot in the past few years. The application now offers more than […]
Posted inNews
New home sales spring forward as selling season begins
Sales of U.S new houses, those under construction and property whose construction is yet to begin have unexpectedly risen in March 2019, exceeding the estimates that had been made from survey data. The statistics obtained from sample surveys shows that the number of new houses sold rose to 692, 000, while the available houses for […]
Posted inNews
U.S. existing home sales book 4.9% decline March 2019
March home sales declined some 4.9% after a robust February though analysts aren’t terribly concerned about the dip, citing rising inventories as the market’s way of keeping home prices in check. That’s the conclusion offered by the National Association of Realtors in their assessment of the current state of the market. Chief economist for the […]
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Positive, yet cautious optimism on U.S. housing market
Introduction The U.S. Housing Market in Q1 2019 continued a year-long trend of positive shifts that saw an increase in both new and existing home sales, relatively low foreclosure rates, and falling mortgage rates, suggesting that the market is poised for a strong year. With the housing market boasting some of the best overall numbers […]
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2019 Housing market outlook pegged to U.S. economy
The housing market in the U.S. is monitored not only by prospective buyers and sellers of property, but also by the general investing public to gauge a measure of the current state of the U.S. economy. In essence, housing market movements have historically provided valuable insights as to the future outlook of the American economy, […]
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2019 Sends mixed message to the U.S. housing market
As we start to receive the data for the first fiscal quarter of 2019, there have been conflicting indications of the current strength of the housing market in the U.S. At a macro level, the American economy is in good shape and the strength of the economy tends to be a strong leading indicator for […]
Posted inBuy
Is there a better way to measure first-time homebuyers?
In any discussion on affordable homes the focus is generally on the first-time buyer. As the first-time buyer looks to move on from renting and transition to home ownership finding the down-payment can be a huge hurdle. This is particularly the case for those living in areas where their rent takes up a large portion […]