Tag Archive | Research

Thinking of Selling Your Home? Hiring a REALTOR® Can Increase Your Chances of Selling By 50%

A recent survey conducted by HomeGain concluded that sellers are 50 percent more likely to complete a transaction when working in conjunction with a REALTOR® than when undertaking the task on their own.

Of the respondents who said they employed a REALTOR®, 59 percent were successful in selling their home. On the other hand, only 39 percent of the respondents who reported attempting to sell on their own were able to sell. This reflects a 50 percent increase when using a REALTOR®.

If you are thinking about selling your home, consider using a REALTOR® who has the knowledge and expertise to guide you through a smooth and rewarding selling experience.

Contact us today for more information on employing a Keller Williams agent to buy or sell a home.

Source: PRWeb | Full Article

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U.S. Census Bureau Report Reveals 2009 Housing Statistics

U.S. Census Bureau Report

A recent report released by the U.S. Census Bureau in conjunction with the American Housing Survey highlights several key statistics on the nation’s housing in 2009.  Some of these numbers are highlighted below.  For a full report, please click the “Full Article” link at the bottom of this post.

  • The nation’s homeowners paid a median of $1,000 in monthly housing costs in 2009, compared with $808 for renters.  However, renters usually paid a higher percentage of their household income on these costs than did owners (31 percent compared with 20 percent).
  • About 70 percent of respondents rate their homes an 8, 9, or 10 on a scale of 1 to 10 with 28 percent giving them the “best” rating of 10.
  • The median purchase price of homes was $107,500; for a newly constructed home, it was $240,000.
  • Thirty-two percent of owner-occupied units were owned free and clear, 66 percent had a regular and/or home equity mortgage and 2 percent had only a line-of-credit.

Source: RISMedia | Full Article

NAR Report Reveals Multiple Benefits of Homeownership

homeowner

Owning a Home Can Have Many Benefits

According to a recent National Association of REALTORS® report, homeowners are more active in their communities, benefit from improved education opportunities, and report higher levels of self-esteem and happiness when compared to renters.  Overall, owning a home results in a higher level of satisfaction and happiness over renting property.

In addition, because homeowners relocate less frequently than renters, the areas in which they live become more stable, solidifying neighborhoods into cohesive communities.

For more information on the report, please click the “Full Article” link below.

Source: National Association of REALTORS® | Full Article

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