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Showing posts from June, 2017

10 things to know about moving during the summer:

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It kind of defies logic; although summer is the least convenient time of year for a move, a majority of consumers inexplicably choose those sweaty and sweltering months to relocate anyway. So, the  Moveline team  has put together a helpful list of ways to minimize the stress and potential damage you could accrue by changing addresses during the hottest season of the year. And luckily, if you just can’t heed #1 -- the smartest advice we can give -- never fear; we’ve got nine more tips for backup. 1. Don’t move in the summer. If it’s at all possible, don’t schedule a move for the summer. From May 1 to Labor Day (the moving industry’s definition of summer), things go crazy. That’s when parents with school-age kids move, and that’s when the military does their personnel moves. “When I drove a moving truck, over 60 percent of our moves were military and were in the summertime, the same time that a lot of civilians want to make a move.” says Erik Christensen, a Moveline Move Captain

Homes Sold Faster Than Ever in April; Prices Marched Upward:

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The median home sale price increased 6.2 percent in April to $280,000, continuing a five-year trend of steady annual growth. A lack of homes for sale kept a lid on sales, which inched up just 1.2 percent compared to last year. The number of homes for sale fell 13.3 percent, the steepest decline in four years. Since October 2015, the supply of homes for sale has declined every month. The number of homes newly listed for sale in April fell 8.8 percent compared to a year ago. Just over three months of supply remained, compared to the six months that represents a market balanced between buyers and sellers. The typical home went under contract in 40 days, 10 days faster than a year earlier, making April the fastest month on record since Redfin began tracking the market in 2010. One in four (24.7%) homes sold above their list price, which is the highest percentage Redfin has recorded. One in five (22.2%) homes that sold in April went under contract within two weeks of their debut. Mar