Housing Inventory Disappearing
The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report which gives insight into today’s market conditions. Inventory Levels & Demand Sales of existing homes rose 5.1% month-over-month in March and are 1.5% higher than this time last year. Sales rose in all
Real Estate Ranked #1 Long Term Investment
The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds. Here is the breakdown: The survey revealed that real estate was the
The Real Estate Trends That Will Dominate 2016
2015 was the best year for housing since 2007, and it looks like the market may be even better in 2016, according to some forecasting from realtor.com®. Here’s a quick list of the housing predictions for 2016: “Normal” is coming. expect a healthy growth in home sales and prices Generation buying trends shape up. 2016 may finally be the
