Housing Market Updates Archives - Page 85 of 91

The TRUTH Behind the RENT vs. BUY Debate

In a blog post published last Friday, CNN’s Diana Olnick reported on the latest results of the FAU Buy vs. Rent Index. The index examines that entire US housing market and then isolates 23 major markets for comparison. The researchers at FAU use a “‘horse race’ comparison between an individual that is buying a home […]

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Inventory Challenges Continue! [INFOGRAPHIC]

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers / By Corinne Geiger

Some Highlights:

After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
Median existing home prices surged for the 62nd straight month, up 6.0% ov…

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How’s the Real Estate Market? Find Out What the Experts Are Saying

For Buyers, For Sellers, Housing Market Updates / By Corinne Geiger

As we head into summer, it is a great time to review how the 2017 real estate market is doing so far. Here is what the experts are saying: Doug Duncan, Fannie Mae Chief Economist “Positive demographic factors should continue to reshape the housing market, as rising employment and incomes appear to be positively influencing […]

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Is Now a Good Time to Rent?

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / By Corinne Geiger

People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their 2017 first quarter median rent numbers. Here is a graph […]

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3 Reasons the Housing Market is NOT in a Bubble

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / By Corinne Geiger

With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago.

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Inventory Shortages Are Slowing Down the Market

For Buyers, For Sellers, Housing Market Updates / By Corinne Geiger

The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again.

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Is the Current Pace of Home Sales Maintainable?

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / By Corinne Geiger

There are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market.

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Homes are Selling Fast Across the Country [INFOGRAPHIC]

For Sellers, Housing Market Updates, Infographics / By Corinne Geiger

Some Highlights:

The National Association of REALTORS® surveyed their members for their monthly Confidence Index.
The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
Homes sold in 60 days or less in 36 out of 50 states, and Washington D.C.
Homes typically went under contract in 34 days in March!

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3 Charts That Shout, ‘List Your Home Today!’

For Sellers, Housing Market Updates / By Corinne Geiger

In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise.

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Buying this Spring? Be Prepared for Bidding Wars

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / By Corinne Geiger

Traditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different!