Author Archives: Lee Honish

Biggest Housing Stories of 2018:

Biggest Housing Stories of 2018

SOURCE: realtor. com/news/trends/biggest-housing-stories-2018-news-rocked-real-estate-world/ It’s been quite a year—and we’re not just talking about former President George H.W. Bush and Sen. John McCain being laid to rest, the seemingly never-ending twists and turns in the Robert Mueller investigation, or even Beyoncé’s killer performance at Coachella. There’s been plenty of drama in the world of residential real […]

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bad sign for the housing market

Fewer are flipping homes… and that’s a bad sign for the housing market

SOURCE: www.marketwatch. com/story/fewer-americans-are-flipping-homes-and-thats-a-bad-sign-for-the-housing-market-2018-12-06 ‘Home flipping acts as a canary in the coal mine for a cooling housing market.’ While TV shows like “Fixer Upper” and “Flip or Flop” rule HGTV’s airwaves, few Americans are actually getting in on the home-flipping act these days. In total, 45,901 single-family homes and condos were flipped during the third quarter […]

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Housing Slowdown

The Housing Slowdown Is Here – and These 10 Cities Are Getting Hit Hardest

SOURCE: www.realtor. com/news/trends/slow-down/ Is the party really over? Over the last decade, the seemingly unstoppable growth of the American housing market has created a bonanza for sellers, a cutthroat environment for buyers, and an endless source of fascination for just about everyone else. It seemed to be an economic perpetual-motion machine. Could home prices in […]

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Distressed Listings | Lee Honish

Home Sales Suffer Largest Annual Drop in Four Years

WASHINGTON—Sales of previously owned U.S. homes posted their largest annual decline since 2014 in October, as the housing market continues to sputter due to higher mortgage rates that are reducing home affordability. The latest data offered a mixed picture of a market that isn’t in free fall but also is far from robust. Existing-home sales […]

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Realtor uses Half Naked Pictures to Sell House

Realtor uses Half Naked Pictures to Sell House

A Houston-area Realtor’s use of half-naked models to draw attention to a hard-to-sell property has attracted a number of complaints about the risque content. Kristin Gyldenege launched the marketing tactic after her client’s three-bedroom, two-bathroom home in the Houston suburb of Conroe sat on the market for 40 days with no offers, the Houston Chronicle reported. Kristin […]

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Report: Home sales, inventory locked in standstill

Report: Home sales, inventory locked in standstill

Report: Home sales, inventory locked in standstill RE/MAX reports inventory increased year-over-year for the first time in a decade November 19, 2018 Alcynna Lloyd https://www.housingwire.com/articles/47447-report-home-sales-inventory-locked-in-standstill In October, a decrease in annual home sales contributed to the first year-over-year inventory increase in a decade, according to the latest RE/MAX National Housing Report. RE/MAX reports that sales […]

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Homes keep getting cheaper

Homes keep getting cheaper

Redfin: Homes keep getting cheaper In October, the number of homes dropping in sale price reached an 8-year high November 16, 2018 Alcynna Lloyd https://www.housingwire.com/articles/47426-redfin-homes-keep-getting-cheaper In October home sale prices climbed 4.5%, however the percentage of listings that had a price drop of more than 1% reached an 8-year high, according to new data from […]

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