prices: Inadequate Inventory Driving Prices Up - 01/03/17 09:49 AM

Inadequate Inventory Driving Prices UpThe latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices.
We are all familiar with the concept of supply and demand. As the demand for an item increases the supply of that same item goes down, driving prices up.
Year-over-year inventory levels have dropped each of the last 18 months, as inventory now stands at a 4.0-month supply, well below the 6.0-month supply needed for a ‘normal’ market.
The median price of homes sold in November (the latest data available) was $234,900, up 6.8% from … (1 comments)

prices: Real Estate News International | Italy24: Housing prices set to fall in 2015, says Nomisma - 11/21/14 10:06 PM

Real Estate News International | Italy24: Housing prices set to fall in 2015, says Nomisma Despite the timid signals of recovery in transactions in the residential real estate market, prices are set to fall this year and at least for all of 2015 as well (in an albeit limited way). Unless the economy worsens further, a timid price recovery is expected at least in the cities in 2016, according to research group Nomisma’s annual report on Italy’s real estate market. Nomisma has cut its forecasts in last two six-month periods. In late 2014, average property prices in Italy's 13 biggest … (0 comments)

 
Christian Penner, Mortgage Broker Owner - 561-316-6800 | 561-373-098 (America’s Mortgage Solutions | The Christian Penner Mortgage Team)

Christian Penner

Mortgage Broker Owner - 561-316-6800 | 561-373-098

West Palm Beach, FL

More about me…

America’s Mortgage Solutions | The Christian Penner Mortgage Team

Address: 712 US Highway One , Suite 300, North Palm Beach, FL, 33408

Mobile: (561) 373-0987



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