15,014 Homes Sold Yesterday… Did Yours?
There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly.
15,014 Homes Sold Yesterday… Did Yours? Read More »


The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe 2017 will be a great year for real estate. Here is just a touch of the news coverage on the subject.![How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC] EHS Report KCM1](https://i0.wp.com/seejerseyshorehomes.com/wp-content/uploads/2017/03/EHS-Report-KCM1.jpg?fit=653%2C1024&ssl=1)

CoreLogic recently released a report entitled, 
Mortgage interest rates have risen over the last few months and projections are that they will continue their upswing throughout 2017. What impact will this have on the housing market? Here is what the experts are saying:
Home values have risen dramatically over the last twelve months. The latest 
The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors ![Spring Forward: The Difference An Hour Makes [INFOGRAPHIC] The Difference A Hour Makes KCM](https://i0.wp.com/seejerseyshorehomes.com/wp-content/uploads/2017/03/The-Difference-a-Hour-Makes-KCM.jpg?fit=791%2C1024&ssl=1)

That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!
The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – an increase of almost 50%.