Housing Market Updates

Why Has Housing Supply Increased as Sales Have Slowed Down?

Posted by Monica Foster On November 7, 2018 In General Information

According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes [...] Read More

Monica Foster November 7, 2018

Posted by Monica Foster On November 2, 2018 In General Information

Every Hour in the US Housing Market: 596 Homes Sell 278 Homes Regain Positive Equity Median Home Values Go Up $1.20 [...] Read More

Monica Foster November 2, 2018

How Will Home Sales Measure Up Next Year?

Posted by Monica Foster On November 1, 2018 In General Information

There are many questions about where home sales are headed next year. We have gathered the most reliable sources to help answer this question. Here are our sources: Mortgage Bankers Association (MBA) – As the leading advocate for the real [...] Read More

Monica Foster November 1, 2018

Where are Home Values Headed over the Next Few Years?

Posted by Monica Foster On October 25, 2018 In General Information

There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions: The [...] Read More

Monica Foster October 25, 2018

Will Home Prices Continue to Increase?

Posted by Monica Foster On October 22, 2018 In General Information

There are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is [...] Read More

Monica Foster October 22, 2018

Is the Increase in Inventory a Bullish or Bearish Sign for Real Estate?

Posted by Monica Foster On October 18, 2018 In General Information

In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com reported that: New listings jumped 8% year-over-year nationally, the largest increase since 2013 Total listings in the 45 largest markets are now up 6% on average over last [...] Read More

Monica Foster October 18, 2018

Baby Boomers are Downsizing, Are You Ready to Move?

Posted by Monica Foster On October 16, 2018 In General Information

For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame? Here’s what some of the experts have to say on the [...] Read More

Monica Foster October 16, 2018

Dispelling the Myth About Home Affordability

Posted by Monica Foster On October 11, 2018 In General Information

We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate. But, have you ever wondered why the [...] Read More

Monica Foster October 11, 2018

New Home Sales Up 12.7% From Last Year

Posted by Monica Foster On October 10, 2018 In General Information

According to the latest New Residential Sales Report from the Census Bureau, new construction sales in August were up 3.5% from July and 12.7% from last year! This marks the second consecutive month with double-digit year-over-year growth (12.8% in July). [...] Read More

Monica Foster October 10, 2018

Are We About to Enter a Buyers’ Market?

Posted by Monica Foster On October 4, 2018 In General Information

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper [...] Read More

Monica Foster October 4, 2018

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