Tag Archives: SUNNYVALE, Calif.

MLSListings Inc and New Homes Navigator Offer New Tool to Expand Home Search in Tight Market

new construction inventory

SUNNYVALE, Calif., Nov. 11, 2015 (SEND2PRESS NEWSWIRE) -- MLSListings today became the first multiple listing service in California to offer New Homes Navigator - a first of its kind service that connects real estate professionals with new construction inventory for their clients' home search.

In this time of extremely limited inventory in California, MLSListings brokers and agents can better help clients realize their dreams of homeownership beyond existing homes. Real estate professionals will be able to provide buyers with a comprehensive new home construction search tool, as well as an exciting mobile and interactive buying experience.

"Data indicates that nearly 20 percent of home buyers are only looking for newly-built homes. Couple that with the 88 percent of shoppers who use a REALTOR to assist with their home purchase and it's a win-win situation - both for our subscribers and for consumers who rely on all of us for timely and accurate real estate information," said James Harrison, president and CEO, MLSListings. "MLSListings is proud to join New Homes Navigator to launch this market-forward solution to confront our current market challenges."

"According to a recent California Association of REALTORS survey, the number one item buyers would change about working with an agent would be that they have better knowledge of the markets," said Jonathan Wilhelm, director, New Homes Navigator. New Homes Navigator gives agents and their buyers just that, with a comprehensive and easy to use new construction portal. "Since more than 50 percent of buyers are in the market for a new construction home, we're putting a powerful tool into the hands of MLSListings brokers and agents."

The New Homes Navigator database is continually updated with information on new home communities throughout California.

About New Homes Navigator:

New Homes Navigator provides real estate professionals with their own new construction search engine - a digital tool that can significantly improve communications with their clients about additional inventory not found on an MLS. Agents who know about more homes for sale during the home buying process can stay more connected to clients and help them find that perfect home faster. With more insight and visibility, agents can help ensure a more seamless home buying experience for their clients. For more information, visit: http://www.newhomesnavigator.com/.

About MLSListings:

MLSListings Inc. is recognized as a premier multiple listing service in the nation. Based in the heart of Silicon Valley and specializing in Monterey, San Benito, Santa Clara, Santa Cruz, and San Mateo counties, MLSListings provides real estate professionals and consumers with accurate data that is updated every five minutes. Facilitating more than $70 billion in annual real estate activity, the MLSListings platform is the intersection of comprehensive real estate data and the transaction for the Northern California marketplace. Learn more at: http://www.mlslistings.com/.

Twitter: @NewHomesNav @mlslistingsinc

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/mlslistings-inc-and-new-homes-navigator-offer-new-tool-to-expand-home-search-in-tight-market-2015-1111-01.shtml.

NEWS SOURCE New Homes Navigator :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

Economic Recovery Contributes to Increase in Renovations: Bathrooms and Kitchens Remain Favorite Remodeling Projects

Remodel or Move

SUNNYVALE, Calif., Feb. 11, 2015 (SEND2PRESS NEWSWIRE) -- The latest US Remodeling Sentiment Report from Remodel or Move (remodelormove.com) indicated that the continued economic recovery has favorably affected homeowners. Homeowner respondents report their average home equity is now over $165,000, up from $115,000 in 2013, which combined with continued low interest rates and pent-up demand for home repair and improvements, is fueling growth. The size of an average remodel has gone up from 3.4 rooms in 2013 to 5.3 rooms in 2015.

"Bathroom and kitchen remodels remain the most popular improvements homeowners intend to make this year, but in stark contrast to previous years, the number of other rooms that homeowners plan to add or remodel has grown significantly," said Dan Fritschen, principal report author at remodelormove.com.

"The dramatic increase in home equity and consumer confidence combined with the projects that homeowners postponed during the recession has fueled a move toward remodels and home additions that are of larger scope and scale than in past years."

Even with the significant increase in the size of remodels - the DIY spirit is strong with close to 60% of homeowners planning to do some of the remodeling work themselves. The increase in home equity creates a wealth affect that drives the percent of homeowners who report they will use expensive materials up to 23% of respondents from a low of 10% in 2010 at the depths of the recession.

First published in 2005, the US Remodeling Sentiment Report is published by the popular website remodelormove.com. The report has 10 years of data containing millions of data points from U.S. homeowners, which are used to document and project homeowners remodeling preferences.

http://www.remodelormove.com/ has provided the information homeowners need to make savvy remodeling and moving decisions, reduce stress and get more for the money they invest in - remodeling their current home or moving to a home that better meets their needs.

Specific findings from the Spring 2015 US Remodeling Sentiment Report:
Average Home Equity:$165,000
Average Value of Home Before Remodel:$353,000
Average Estimated Cost of Remodel:$151,000
Average Number of Rooms to be remodeled or added:5.3
Percentage of Homeowners who report they will:
Do a lot of the work themselves20%
Do a little of the work themselves39%
Do none of the work themselves41%
Use Expensive materials23%
Use Economy Materials5%

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/economic-recovery-contributes-increase-renovations-bathrooms-kitchens-remain-favorite-remodeling-projects-2015-0211-004.shtml.

NEWS SOURCE ABCD Publishing LLC :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.