Existing Home Sales Reach Highest Annual Pace in 11 Years
Some Highlights:
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Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006.
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The inventory of existing homes for sale has dropped year-over-year for the last 30 consecutive months and is now at a 3.4-month supply.
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NAR’s Chief Economist Lawrence Yun had this to say: “Faster economic growth in recent quarters, the booming stock market and continuous job gains are fueling substantial demand for buying a home as 2017 comes to an end.”
Strategic Tips for Buying Your First Home
If you’re ready, willing, and able to buy your first home, here are some tips to help you turn your dream into a reality.
It’s Time To Prepare Your House for a Spring Listing
With the market gearing up for its busiest time of year, it’s important to make sure your house shines bright among the competition.
Bridging the Gaps on the Road to Homeownership
Homeownership is an important part of building household wealth that can be passed down to future generations.
Houses Are Still Selling Fast
Homes are selling faster than the norm for this time of year – and your house may sell quickly too. Are you thinking about selling your house? Give us a call!
Why Having Your Own Agent Matters When Buying a New Construction Home
Having a trusted agent on your side can make a big difference when it comes to buying a newly constructed home!
Don’t Wait Until Spring To Sell Your House
While spring is usually the peak homebuying season, you don’t actually need to wait until spring to sell.
2 of the Factors That Impact Mortgage Rates
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Ever wonder why they change?
Will a Silver Tsunami Change the 2024 Housing Market?
The thought is that as baby boomers grow older, a significant number will start downsizing their homes, but will it happen this year?
Are More Homeowners Selling as Mortgage Rates Come Down?
While there isn’t going to suddenly be an influx of options for your home search, it does mean more sellers may be deciding to list.
Experts Project Home Prices Will Increase in 2024
Expected home price appreciation also means if you’re ready, willing, and able to buy, waiting just means it will cost more later.