The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. The supply of homes for sale dramatically increases every spring, according to the National Association of Realtors (NAR). As […]
As you might already know, summertime is a very busy time for real estate agents. That’s why so many home buyers decide to enter the market during this time of year. If you too are a prospective home buyer planning to enter the market soon, then you’ve visited the right real estate blog! Today, we’re […]
We have some excellent news to report from the national housing market: Evidently US pending home sales index increased for the third straight month in April. This is a great testament that the national housing market is getting back on track and becoming increasingly stable. If you’re considering entering the market anytime soon as a […]
Regardless of whether you’re navigating the new home sales market or the new construction market, you’ve likely heard some great news over the last few weeks. That’s because both sectors of the national housing market have made gains recently, according to media reports. If you’re planning on entering the market anytime soon as a buyer […]
Happy New Year! We hope you and your loved ones enjoyed a wonderful New Year’s Eve and that you’re as excited and hopeful about 2015 as we are! And if you’re a prospective home seller, a recent report from the National Association of Realtors suggests that there’s a good chance you can get a great […]
U.S. homes sold at a faster rate in September than any other time this year, a recent report from the National Association of Realtors said. Evidently, sales of existing homes increased 2.4 percent from the previous month to a seasonally adjusted annual rate of 5.17 million. Experts are saying that this increase is a great sign that […]
We’re breaking records on the U.S. housing market! Evidently, during the month of August, national home sales reached their highest levels in more than six years, according to a recent report from the Commerce Department. This is incredible! That means that sales activity has returned to the levels it was pre-bubble burst. And this spells […]
It’s always a good sign on the national housing market when sales activity is better than even the experts predicted! And that’s exactly what happened recently when the latest market activity report was released by the National Association of Realtors in July. Evidently, contracts to purchase previously-owned properties increased more than expected during the month […]
It’s certainly a headline we like to see around here: “US Home Purchase Contracts Have Seen a Significant Increase.” And in fact, that’s exactly what The Associated Press recently reported. This is great news, especially given that – so far this year – the pace of buying is slower than in 2013. A lot of this […]
One month of positive real estate sales is encouraging, but sometimes it can be a fluke. That’s why we’re always so thrilled when positive numbers one month carry over into the next month. And that’s just what we saw with the recent release of May sales numbers. According to a recent USA Today article, existing […]
