May 29, 2019 |
A surprising reason for the real estate inventory shortage is that seniors born after 1931 are staying in their homes longer than previous generations, instead choosing to “age in place.”
May 27, 2019 |
Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up 3.8% over last March at $259,400. This marked the 85th consecutive month with year-over-year price gains.
May 25, 2019 |
NAR reported that “69% of people believe now is a good time to sell a home.” With a strong economy, low interest rates, and wages continuing to rise, some homeowners will be ready to put their house on the market and move to the home of their dreams!
May 24, 2019 |
This report supports a study by the Joint Center for Housing Studies at Harvard University which revealed that the top four reasons Americans buy a home have nothing to do with money.
May 22, 2019 |
Agents working the business every day, one of the premier data companies in the real estate space, and one hundred housing experts all agree: home price appreciation has ended its decline and looks to be stabilizing… and may even accelerate.