Team Thayer Property Servicing

Existing homes sales this year are expected to hit levels not seen since just after the peak, in 2006, driven by strong job growth, low interest rates and a gradual loosening of lending standards, according to the National Association of Realtors. Lawrence Yun, chief economist at the realtor association, said in his mid-year forecast on Thursday that he expects home sales to end up around 5.3 million in 2015, a significant pick-up from 4.9 million sales in 2014. Last year, economists also anticipated robust growth in the home sales, but were disappointed when a spike in interest rates early in the year and poor wage growth dampened the market. Mr. Yun said that early results this year point to a pick-up in home sales, including sales in the first few months, foot traffic at homes on the market and strong job growth. Buyers who have been kept out of the market by low wages and strict lending standards are likely to start coming back. “There is sizeable pent-up demand,” h...

When most people think of a real estate agent, they think of someone that works with buyers and sellers of homes and other property. And for most purposes this definition is accurate. However, there are areas of specialization in the real estate field, including agents that work just for buyers and agents who work exclusively for sellers. Understanding these distinctions is important when you are looking to buy or sell a home. You want someone working for you that can accomplish your goals. The saying jack of all trades and master of none can definitely apply to the real estate industry. If you are selling a home look for a listing specialist. If you are buying a home look for a skilled buyer’s agent. There is a huge difference between a real estate agent who works with sellers vs buyers!  Differences Between a Buyer’s Agent and a Listing Agent Considering how much money may be on the line when you are buying or selling a home, you want to know that the Realtor you hire i...