A Tale of Two Markets
- An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
- Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
- Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 85 consecutive months.
To view original article, visit Keeping Current Matters.
Questions continue to come up about where home prices will head throughout the rest of this year. We have projections from the industry’s leading experts!!
A lingering listing with no takers … how long does it take until the home seller is willing to accept that a price reduction is needed?
Spacious 4 bedroom, 2.5 bath colonial in Newport Beach with deeded beach and boating rights! Call us today to schedule a showing!
Not sure how to tell if a homebuyer is serious about purchasing your home? Fortunately, there are usually quite a few clues that can help you gauge a home buyer’s interest and intent.
For the longest time, many experts doubted whether Millennials (ages 18-36) valued homeownership as part of their American Dream.
Real estate the number one choice of Americans for the best long-term investment when compared to stocks, savings accounts or gold.