Real Estate Trends

Buyer Advice and Aid, Money & You, Real Estate Trends

December 2019: The Buyer Stakes Are High Because Inventory Is Low

December 2019: The Buyer Stakes Are High Because Inventory Is Low The reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes. In most areas of the country, first-time buyers have been met with fierce competition throughout […]
Real Estate Trends

Millennials Are on the Move as First-Time Home Buyers

Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC] Some Highlights: According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32. With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong. More […]
Buyer Advice and Aid, Real Estate Trends

Buyers Are Looking Now. Are You Ready to List Your Home?

Buyers Are Looking Now. Are You Ready to List Your Home? Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below:With inventory being one of the biggest […]
Real Estate Trends

November By The Numbers

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Buyer Advice and Aid December 2019: The Buyer Stakes Are High Because Inventory Is Low December 2019: The Buyer Stakes Are High Because Inventory Is Low The reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes. In most areas of the country, first-time buyers have been met with fierce competition throughout […]

Real Estate Trends Millennials Are on the Move as First-Time Home Buyers Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC] Some Highlights: According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32. With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong. More […]

Buyer Advice and Aid Buyers Are Looking Now. Are You Ready to List Your Home? Buyers Are Looking Now. Are You Ready to List Your Home? Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below:With inventory being one of the biggest […]

Real Estate Trends November By The Numbers

Real Estate Trends Buyer Demand Growing in Every Region Buyer Demand Growing in Every Region Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally slow fall season began with a […]

Real Estate Trends Home Ownership Rate Remains on the Rise Homeownership Rate Remains on the Rise In the third quarter of 2019, the U.S. homeownership rate rose again, signaling another strong indicator of the current housing market. The U.S. Census Bureau announced, “The homeownership rate of 64.8 percent was not statistically different from the rate in the third quarter 2018 (64.4 percent), but was 0.7 percentage points […]

Real Estate Trends 75 Years of VA Home Loan Benefits 75 Years of VA Home Loan Benefits Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice. This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill. Since 1944, this law has […]

Real Estate Trends VA Home Loans by the Numbers VA Home Loans by the Numbers [INFOGRAPHIC] Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members to help them achieve the dream of homeownership. In 2018, $161 billion was loaned to veterans and their families through the program. In […]

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Real Estate Trends The Difference an Hour Will Make This Fall The Difference an Hour Will Make This Fall [INFOGRAPHIC] Every Hour in the U.S. Housing Market: 614 Homes Are Sold 95 Homes Regain Positive Equity Median Home Values Go Up $1.38

Real Estate Trends Is It a Buyers’ or Sellers’ Market?

Money & You Think Prices Have Skyrocketed? Look at Rents. Think Prices Have Skyrocketed? Look at Rents. Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject. In the most recent Apartment Rent […]

Money & You 5 Reasons to Consider Living in a Multi-generational Home 5 Reasons to Consider Living in a Multigenerational Home Did you know that 1 in 6 Americans currently live in a multigenerational household? According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers and Sellers from the National Association of Realtors shows that 12% of […]

Real Estate Trends Homes Are Selling Quickly Homes Are Selling Quickly [INFOGRAPHIC] Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions. Homes […]

Real Estate Trends October By The Numbers

Real Estate Trends Be on the Lookout for Gen. Z: The Next Generation of Homebuyers Be on the Lookout for Gen Z: The Next Generation of Homebuyers You’ve likely heard a ton about Millennials, but what about Gen Z? In the next 5 years, this generation will be between the ages of 23 and 28, and they’re eager to become homeowners faster than you may think. According to realtor.com, “Nearly 80 percent […]

Real Estate Trends 3 Signs the Housing Market Is on the Rebound 3 Signs the Housing Market Is on the Rebound The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound: 1. Existing Home Sales (closed sales) are up, marking two consecutive months of growth. 2. Pending Home Sales (contracts […]

Money & You How Does the Supply of Homes for Sale Impact Buyer Demand? How Does the Supply of Homes for Sale Impact Buyer Demand? The price of any item is determined by supply, as well as the market’s demand for the item. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some […]

Real Estate Trends What Will Home Prices Look Like Over the Next Few Years?