Existing Home Sales Reach Highest Annual Pace in 11 Years
Some Highlights:
-
Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006.
-
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.
-
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.”
Home Price Growth Is Moderating – Here’s Why That’s Good for You
It’s crucial to understand what’s happening in your local market and a local real estate agent can really help.
The Secret To Selling? Using an Agent To Get Your House Noticed
The way your agent markets your house can be the difference between whether or not it stands out and gets attention from buyers.
If Your House’s Price Is Not Compelling, It’s Not Selling
Work with a local real estate agent who’s going to be honest with you about how you should price your house.
One Homebuying Step You Don’t Want To Skip: Pre-Approval
A preapproval means you’ve cleared the hurdles necessary to be approved for a mortgage up to a certain dollar amount.
Buyer Bright Spot: There Are More Homes on the Market
The number of homes for sale has grown a whole lot lately and that’s true for both existing and newly built homes.
How Home Equity Can Help Fuel Your Retirement
Your agent will help you understand how much equity to have and how you can use it and help you navigate the entire process.
Why More People Are Buying Multi-Generational Homes Today
According to the latest data from NAR, cost savings are the main reason more people are choosing to live with family today.
The Real Benefits of Buying a Home This Year
Let’s break down why homeownership is worth considering in 2025 and beyond, and how it can help set you up for the future.
3 Reasons To Buy a Home Before Spring
What if buying now — before the spring rush — might actually give you the upper hand? You’ll have less competition, more negotiating power and be able to lock in today’s prices before they rise.
When Is the Perfect Time To Move?
No matter when you buy, there’s always some benefit and some sort of trade-off – and that’s not a bad thing.
That’s just the reality of it.
