by Jeff Sorg | Aug 23, 2018 | Real Estate, Contractor, Mortgage
Year-over-year price gains hit 77 months in a row By Jeff Sorg, OnlineEd Blog (August 23, 2018) (PORTLAND, Ore.) – Existing-home sales fell in July 2018 to their slowest pace since February 2016, according to a report by the National Association of...
by Jeff Sorg | Jul 20, 2018 | Real Estate, Mortgage
Waterfront home price premium drops 18% since 2012 By Jeff Sorg, OnlineEd Blog (July 20, 2018) (SEATTLE) PRNewswire- The premium for living on the water isn’t as high it used to be. Homes along the water sold for a 36 percent premium in the first quarter of...
by Jeff Sorg | Jan 12, 2018 | Mortgage, Real Estate
The typical price increase for homes that sold above the listed price was 3.1 percent By Jeff Sorg, OnlineEd Blog (January 12, 2018) (SEATTLE, Jan. 11, 2018 /PRNewswire/) — Buyers paid more than the asking price in nearly one quarter (24 percent) of U.S. home...
by Jeff Sorg | Jun 15, 2017 | Contractor, Mortgage, Real Estate
More than a quarter of homes sold for more than their asking price By Jeff Sorg, OnlineEd Blog (June 15, 2017) SEATTLE–(BUSINESS WIRE)– U.S. home prices rose 6.8 percent to a median sale price of $288,000 in May, according to Redfin (www.redfin.com), the...
by Jeff Sorg | Sep 20, 2016 | Contractor, Mortgage, Real Estate
The trend of owners overestimating their home’s value when refinancing continued in August By Jeff Sorg, OnlineEd Blog (September 20, 2016) – According to a recent report by Quicken Loans, appraisals across the country were an average of 1.56 percent lower than...