Buyers Are Turning to New Construction
Real Estate Bottom Line Many buyers are turning to new home construction. 10% of all new home buyers said a lack of inventory of existing homes as their reason to purchase a home from a builder. 40% of of new …
Tag: home sales
Hurry Up and List Your House TODAY!!
This headline may seem a bit aggressive, however, as data on the 2016 housing market begins to roll in, I can say this: If you are considering selling, IT’S A GOOD TIME TO LIST YOUR HOME! The May numbers are …
Is The Housing Market Too Hot?
Is there a market meltdown on the horizon? Not according to these experts. Rumors of a new market meltdown are not based on reputable data. As evidence, consider the comments of the following housing market experts. Lawrence Yun, Chief Economist …
Home Sales Are Up
Home Sales Are Up but Low Inventory is Holding Back Sales in Some Areas Real Estate Highlights March 2016 is the 48th consecutive month with year-over-year price gains. Lawrence Yun, NAR’s Chief Economist says: “The main issue continues to be …
Number of Homes that Sell Every Day
14,986 Homes Sold Yesterday…Did Yours? Some homeowners have been waiting months to get a price they hoped for when they originally listed their house for sale. They might want to consider this – if it hasn’t sold yet, maybe it’s …
Housing Market Being Slowed by Low Inventory
The housing crisis is finally behind us as the real estate market moves down the road toward a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. However, there is …
Home Sales Changes by Price Point
Some Home Sales Highlights: Home Sales are up year-over-year in the top 4 price ranges A lack of distressed property inventory has led to a slow down in sales in the under $100K price range. As home prices continue to …