Don't Go It Alone: Sell Your Home with a Real Estate Agent6/14/2013
Investors are picking up shares of appliances, building materials, and even pickup trucks in betting on a widening housing recovery, The Wall Street Journal reports. Investors say that the increase in residential construction and home renovation represents a big opportunity on Wall Street.
The recovery is in "the very early innings," Russell Croft, a portfolio manager at Croft Leominster Inc., told The Wall Street Journal. "[Im trying] to find the secondary or tertiary stocks that might be influenced by housing."
Following a run-up in shares of homebuilder stocks -- like Lennar, KB Home, and Toll Brothers -- investors are now diversifying, looking at such companies like appliance maker Whirlpool (which has surged more than 170 percent since the end of 2011) and Ford Motor Co. for pickup trucks. Investors are looking for anything housing-related, including companies that manufacture related items from roofing and floorboards to drywall and faucets.
For most, a childhood home represents family, familiarity and a lot of firsts, like the place you made your first friend. It has the park where you learned to ride a bike. You can probably still remember the streets you took to school. Moving away from these familiar things could be particularly stressful for your child.
If youre feeling a bit overwhelmed dont! In my 13 years as a Realtor, Ive helped dozens of young families find their dream home and, as a result, have gotten a firsthand look at steps many parents have taken to calm their little ones nerves. With summer moving season fast approaching, I wanted to share what Ive seen:
1. Communicate Your Move
Children may like surprise parties or a surprise trip to the zoo, but they will not enjoy a surprise move. After you decide to move, one of the first things you should do is call a family meeting, order your favorite takeout and break the news. Explain to your children why you are moving and how you feel about the move, and encourage them to express themselves.
2. Make Room Plans
Instead of just telling your children that they will be moving, ease their concerns by showing them pictures of their new room and the house. They might get excited to learn they no longer have to share a bedroom or get to pick the color of their next room. Children can be a lot more receptive to moving if they feel included in the process, and they will likely be especially receptive to making plans for their new bedroom.
Market conditions are highly variable, but using realtor.coms site listing data weve identified 5 markets where low median age of inventory combined with rising listing prices give an indication that the answer in these markets may very well be yes.
The robust housing market recovery is occurring in spite of tight access to credit and limited inventory. Without these frictions, existing-home sales easily would be well above the 5-million unit pace, said NAR Chief Economist Lawrence Yun. NAR chief economist Buyer traffic is 31 percent stronger than a year ago, but sales are running only about 10 percent higher. Its become quite clear that the only way to tame price growth to a manageable, healthy pace is higher levels of new home construction. Source: realtor.org.- See more at: http://www.inman.com/wire/home-inventory-rises-sharply-in-april/#sthash.jeoTzhRR.dpuf
Incomes determine how much people can pay for housing, and price increases arent sustainable if they push prices too high relative to incomes, Trulia chief economist Jed Kolko wrote in a blog post. Rents reflect how much people value housing even if they wont benefit from price appreciation (as renters dont, but owners do); the price-to-rent ratio is like the price-earnings (P/E) ratio for stocks.- See more at: http://www.inman.com/2013/05/14/are-we-in-a-housing-bubble-not-even-close-trulia-says/#sthash.A7oTIsUM.dpuf