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Average Home Size Increasing
SUPERSIZE – The average size of a single family home in the United States has increased by 717 square feet in the last 30 years to 2,267 square feet, roughly equivalent to adding a 27’ x 27’ room to a home (source: Joint Center for Housing Studies of Harvard University). BUYING HOMES – The total [...]
HUD Announces Changes with FHA
Posted by Rich E. Blanchard on January 30, 2013 FHA TAKES ADDITIONAL STEPS TO BOLSTER CAPITAL RESERVES FHA will increase its annual mortgage insurance premium (MIP) for most new mortgages by 10 basis points or by 0.10 percent. FHA will increase premiums on jumbo mortgages ($625,500 or
Kansas City 2013 Housing Market Forecast
The Kansas housing market continues to face challenges, in part because of slow job growth and high unemployment rates. While the Federal Reserve will continue to purchase mortgage-backed securities, it is not thought that this will have a large impact on the housing market. FULL REPORT FROM Wichita State University
Kansas Major Markets 2013 Housing Forecast
2013 total home sales for the state of Kansas are expected to rise by 2,000 units when compared to 2012. Building permits will be down by 200 units for the same time period. 2013 total home sales for the Kansas City market are expected to rise by 1,700 units when compared to 2012. Building permits [...]
Moving In – The New Story of Multiple Generations Under One Roof
Notice that the title of this article is ‘Moving In’. I didn’t call it ‘Moving Back In’ because for the millions of Americans whose story is told in this article, that wouldn’t be a fair assessment of their tale. With the current economy, when we speak of multiple generations living together under one roof we [...]
Google and National Association of Realtors
Study Digital House Hunt 2013 01 by REALTORS® Study Objective To better understand the evolving role of digital media in the consumer home search process. Google and NAR have collaborated to uncover trends and insights around digital media usage among home shoppers, whether they were looking for an existing home, a newly constructed home, or [...]
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