Real Estate Reports

If you currently have a mortgage, then now is the perfect time to look into refinancing. In fact, a report from last week by data and analytics company Black Knight determined that 4.9 million U.S. homeowners could significantly reduce their interest rates if they were to refinance their mortgage! This number spiked dramatically from just one week prior, rising by 1.6 million borrowers.

As a potential seller, you might find yourself agonizing over a simple, but important, decision: when should you put your home on the market? According to a new report by Realtor.com, the answer to this question might be just around the corner! After examining data from the 50 largest real estate markets in the nation over the past three years, the report concluded that the week of March 31 through April 6 was the best time to list your home. Keep reading to learn why Realtor.com thinks this might be the perfect time to put your home on the market!

It had been more than a decade since U.S. home sellers netted a greater profit than they did in 2018, according to ATTOM Data Solutions' Year-End U.S. Home Sales Report. The average home sale last year gained a massive $61,000 since purchase, good for a 32.6% return on investment; both of those amounts were the largest since 2006. That year, homes sold for a net gain of $68,000, or 43.3% ROI, on average. By comparison, 2017's home sellers saw profits of only $50,000 (27% ROI).