Weekly Roundup


Long & Foster Eastern Shore division introduces VoicePad technology (via Cape Gazette):

Homebuyers need only call the local number provided on Long & Foster 'For Sale' signs or from real estate ads and enter the house street number to immediately hear details on any area home for sale. VoicePad Mobile IDX is a new way of delivering property information. The description of the property is delivered via telephone in an easy-to-understand sentence format in English and Spanish 24 hours a day, seven days a week."

Buyers are taking advantage of the tax credit that expires in April (via CNN/Money):

“Existing home sales jumped 6.8% in March, with home buyers racing to get a tax credit that expires in April, according to a real estate industry report released Thursday. The National Association of Realtors reported that existing home sales rose last month to a seasonally adjusted annual rate of 5.35 million units, up from the revised rate of 5.01 million in February. Sales year-over-year were up 16.1%."

Blue Matter blog looks at the demographic of single homeowners:

“But forget about cosmopolitans and big city exploits for a moment, because a recent survey of single homeowners indicates that most of them (52 percent) are actually choosing suburbia over urban or rural areas. It’s not surprising to me that many singles feel today’s market is an ideal opportunity to become a homeowner. They can afford 'more house' for their money because of the amazing affordability we’re seeing across parts of the country."

How to avoid a real estate investing overdose (via New York Times):

"Are you overexposed to real estate? It's a question worth asking if you're among the legions of homebuyers contributing to a turnaround in home sales. That's not to say that real estate prices are overvalued. There's still a long road to recovery. [...] Real estate can play an important role in your overall investment strategy whether you're a homeowner or a renter. That's because real estate investments tend to move up and down at different speeds, and at different times. Such diversification helps to limit the overall volatility of your portfolio."

Image Credit: Jon S on Flickr.com