The National Association of Realtors’ Confidence Index is based on a monthly survey sent out to 50,000 real-estate professionals assessing expectations for home sales, prices, and the overall market. February’s report finds confidence and expectations on the rise amid continued evidence of a slow and steady market recovery. Though responses didn’t indicate rapid market growth, participants reported an increasing number of buyers in the market, rising rent, and expectations of higher or, at least, constant home prices. The percentage of professionals indicating they expect prices to rise increased from 62 percent in December to 73 percent in the most recent report. Also, the amount of time homes for sale stay on the market continues to decrease and rental prices continue to rise, both positive signs for the housing market

 

Thanks,


Ryan Magee 

Mortgage Loan Officer

Bridgeview Bank Mortgage Company LLC

900 Cresteview Drive Suite 120

Hudson, WI 54022

715-821-1818 - Cell

952-232-0012 - Fax

r.magee@mybbmc.com - Email

Website: http://ryanmageemortgage.com

Blog: http://ryanmageeblog.com/

Facebook: http://www.facebook.com/pages/Ryan-Magee-Mortgage-Consultant/107933025976940?sk=wall&filter=2

Twitter:     http://twitter.com/#%21/RyanMageeMTG

Linkedin:   http://www.linkedin.com/profile/view?id=113272724&trk=tab%20pro

 

 

0 Comments on Real Estate Pros Express Confidence In Market Recovery
What does the graphic say?
Leave a response…

(optional)
Spam Prevention:
 
Ryanmagee1a

Ryan Magee

Ryan Magee - Mortgage Loan Officer

Hudson, WI

More about me…

Bridgeview Bank Mortgage Company

Address: 900 Crestview Drive Suite 120, Hudson, WI, 54016

Office Phone: (715) 821-1818

Cell Phone: (715) 821-1818

Email Me

Latest information about the mortgage and real estate industry. New article posted daily.


Links

Archives

RSS 2.0 Feed for this blog

Find WI real estate agents and Hudson real estate on ActiveRain.