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3 Signs a Neighborhood May Be in Trouble

3 Signs a Neighborhood May Be in Trouble January 11, 2019 How can buyers determine if a community is a good fit for them? Sure, they should walk the neighborhood and make visits at various times of the day. Realtor.com® recently interviewed housing experts to identify signs that a neighborhood could be on the brink of a decline. Here are some of those possible indicators: Several houses are on the market. Two or three homes for sale in close proximity is OK, but more than that could be an indication that something is wrong. “This points to illiquidity in the market and pricing pressure, which is a risk for buyers,” Alison Bernstein, founder of the Suburban Jungle, a real estate strategy firm, told realtor.com®. That said, a neighborhood could be seeing more For Sale signs because it’s rapidly gentrifying and longtime residents are finally looking to move on. But if there are several For Sale signs up on a block, home shoppers may want to do some dig...

Heat Index: The 50 metro neighborhoods most prized by homebuyers in Q3 2018

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Heat Index: The 50 metro neighborhoods most prized by homebuyers in Q3 2018 By  Brandon Sawyer    –  Data Editor, Portland Business Journal Oct 23, 2018, 10:06am PDT   Updated   Oct 24, 2018, 10:34am Another quarter brings another reshuffling of Portland's Hottest 'Hoods deck of the most home sales, highest-priced and fastest-selling homes. While sales have been trending slower this year, sizzling hot spots remain across the metro area. This iteration of the Heat Index is a bigger, better analysis of local real estate data generously provided by RMLS.  First, it brings more 'hoods into play by including all Clark County, Wash., ZIP codes, seven of which broke into this quarter's top 50 in the slides above. This addition of Vancouver and its surrounding communities boosted the total quarterly homes sold to 10,184 in the four-county metro area.  In the third quarter last year, omitting Clark County, there we...

Buying a House? 6 Questions You'd Never Think to Ask, but Should

Buying a House? 6 Questions You'd Never Think to Ask, but Should By  Daniel Bortz  |  Aug 22, 2018 When buying a house is high on your priority list and you spot The One—the house that has everything you've ever dreamed of and more—it can be tempting to put pedal to the metal and close the deal as quickly as possible. But slow down! No home is perfect beneath the surface, and few know this better than your real estate agent. And that means it's time to sit down with this professional and pepper him with questions about the place you're hoping to make your own. And while certain questions seem rather obvious—should you offer full price, how soon can you close—there are many others you may not think to ask an agent at this pivotal juncture. But you should! Here are six questions to ask a real estate agent to flush out what he's truly thinking, that could help you figure out if this place is really right for you. 1. ‘Would  you  buy t...

Is it a good time to buy?

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Infographic: HOME Survey September 2018 In the third quarter of 2018, 77% of people believed it was a good time to sell a home. Source: https://www.nar.realtor/infographics/infographic-home-survey-september-2018?om_rid=AAMAb1&om_mid=_BbyOigB9tkjIY8&om_ntype=NARWeekly