market: A Lack of Listings Remains 'Huge' Challenge in the Market - 11/15/16 11:08 PM
A Lack of Listings Remains 'Huge' Challenge in the Market The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures & short sales) are at their lowest mark in over 8 years. This has been, and will continue to be, a great year for real estate.
However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. According to the National Association of Realtors (NAR), buyer traffic and demand continues to … (1 comments)

market: Is Now the Right Time to Put Your House on the Market …or Not? - 07/08/16 10:29 PM
Is Now the Right Time to Put Your House on the Market …or Not? Last week, the National Association of Realtors (NAR) released their Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings. The report revealed that this May’s numbers weren’t quite as good as the year before:
“With last month’s decline, the index reading is still the third highest in the past year, but declined year-over-year for the first time since August 2014.”
The mainstream media ran headlines highlighting that the index had dropped for the first time in two years. Many read this as an indication that the … (2 comments)

market: Sell NOW Before Competition Hits the Market - 05/25/16 12:15 AM
Sell NOW Before Competition Hits the Market In their current edition of the Home Price Expectation Survey released last week, Pulsenomicsasked this question of the 100+ economists, real estate experts and investment & market strategists they surveyed:
“In your opinion, what is the primary driver of recent home value growth in the U.S.?” Here are the top four reasons given by those surveyed:

As we have stated before, the current lack of inventory in most housing markets has caused home appreciation to increase at greater percentages than historical averages. This means that this is a great time to sell your home as supply … (0 comments)