As the entire world gears up for the big dance this weekend, we start off our weekly real estate news round-up with an article that talks about just how much impact the Super Bowl has had on the Houston luxury market. The year 2016 showed that even with low inventory, it was a banner year for home sales, with sales overall up in the month of December. Buying a home after divorce and fixing up kitchens on the cheap round out this week’s news on a helpful note.
Super bowl LI boosts luxury market in Houston
It’s Super Bowl Sunday this weekend, and that one event is having a positive impact on the host city. With more than a million tourists expected to watch the Atlanta Falcons take on the New England Patriots, Houston’s growing luxury real estate market is experiencing a real boon.
It’s official: 2016 was the best year for existing home sales in a decade
Even though it was a tough year for buyers, given the lack of housing on the market and the rise in home prices, but 2016 was still a good one in the world of real estate. Realtor.com is officially declaring 2016 the best year for existing home sales in a decade.
Buying while divorced: What you need to know to move forward
Going through a divorce can be tough enough emotionally, but it can also be difficult financially—especially when it comes to buying a home. Women have it tougher than men because of their lower average annual income. Here are some tips to make it easier to get into your own home post-divorce.
Pending home sales in U.S. rebound in December
The National Association of Realtors reports that pending home sales were up in December 2016. NAR’s chief economist Lawrence Yun says contract activity was mixed throughout the country in December but ultimately ended on a high note to close out 2016.
8 easy and cheap ways to make your kitchen look and work better
Every real estate agent knows that kitchens and bathrooms help to sell homes. But if a total kitchen remodel isn’t in the budget for your sellers, there are plenty of ways to update the form and function of a kitchen without breaking the bank.