Home sales higher than expected

by Shea Homes on December 18, 2012

Now might be a better time than ever to purchase a new home, as home sales have increased to their second-highest year-over-year increase in 2012.

November experienced the second-highest year-over-year increase in home sales during the year with a 15.7 percent boost, coming just behind October, which had a 17.8 percent increase year-over-year.

The November RE/MAX National Housing Report is a survey of multiple listing service data in 52 metropolitan areas, and showed home prices also increased by 6.9 percent year-over-year, signaling improvements in the housing market following several years of record low prices and sales due to the economy.

If you are considering homeownership, you might want to check out a new home from Shea Homes. With positive housing numbers expected to continue through the end of the year, the real estate market is now looking like a promising investment that could benefit those who purchase a new home.

“2012 has been a great turn-around year for housing, with prices and sales moving beyond where we were last year,” said Margaret Kelly, CEO of RE/MAX. “We’re ending the year the way we started it, with better than expected performance.  If we can get more reasonable regulation from Washington and if mortgage availability improves, 2013 will see a much stronger housing market.”

Tips for staying warm
Once you’re settled in the home of your choice this winter, staying warm will be a must. Eastern Shore Home Improvement recently offered tips to homeowners who are looking to winterize their home and cut down on the amount spent on their gas and electric bills.

One of the most important tips for winterizing your home is to make sure that the entire house is insulated. According to independent studies, between 60 and 80 percent of the cost to heat a non-energy efficient home is wasted on heat that escapes to through the attic, windows, doors, basement and walls. Considering the thousands that is spent on keeping a home warm, many homeowners might now take into account insulation in order to save some money for the Christmas season.

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