2023 is underway and it's time for you to PUT YOUR PLAN INTO ACTION for listing and selling real estate in the New Year. At the Rally last month, we talked about getting excited about real estate and motivated for Success in 2023. The market … [Read more...]
Unless inventories grow, demand for housing will keep the pressure on prices
Did You Know: Inventories are declining at a slower pace, but unless inventories grow, demand for housing will keep the pressure on prices and the balance of the market in favor of sellers. Comparing the total number of homes available for sale in … [Read more...]
Accidental Landlords Could Boost Inventories
Between April of 2006 and April of 2011, the median home price fell 27.6%. However, the median price rebounded 19.7% over the subsequent two years. While many formerly underwater homeowners are just now getting their first shot at taking advantage … [Read more...]
94 Percent of REALTORS® Expect Home Prices to Increase in Next 12 Months
With strong buyer demand and tight inventory, REALTORS® were generally upbeat about price trends in the coming months. Approximately 94 percent of REALTORS® who responded to the March REALTORS® Confidence Index (RCI) Survey expected constant or … [Read more...]
Eighty-three Percent of REALTORS® Report Constant to Rising Prices
With strong buyer demand and tight inventory, 83 percent of REALTORS® reported constant or rising prices in the February REALTORS® Confidence Index (RCI) Survey. The survey also showed that among the respondents: – About 16 percent reported a … [Read more...]
Demand for Properties Continued to Expand Faster than Supply
Buyer demand for residential homes continued to outpace supply in February. The Buyer Traffic Index rose to 64 while the Seller Traffic Index essentially stayed at 39 based on information in the February REALTORS® Confidence Index (RCI) Survey. In … [Read more...]
