columbus home selling: Buyer Demand Still Outpacing the Supply of Homes for Sale
- 03/30/18 06:19 PM
Buyer Demand Still Outpacing the Supply of Homes for SaleThe price of any item is determined by the supply of that item, as well as market demand. 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 light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand). Buyer DemandThe map below was created after asking the question: “How would you rate buyer traffic in your area?” The darker the blue, the stronger the demand for homes in that area. Only four states had a ‘stable’ demand level. Seller … (1 comments)
columbus home selling: 5 Reasons Why to Sell This Spring!
- 03/30/18 06:15 PM
5 Reasons Why to Sell This Spring! Here are five reasons listing your home for sale this spring makes sense. 1. Demand Is StrongThe latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home. Take advantage of the buyer activity currently in the market. 2. There Is Less Competition NowHousing inventory has declined year over year for the last 32 months and is still under the … (2 comments)
columbus home selling: Are You Aware How Much Equity is in Your Home? You May Be Surprised!
- 03/26/18 05:26 PM
Are You Aware of How Much Equity You Have in Your Home? You May Be Surprised!CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. “U.S homeowners with mortgages (roughly 63% of all the properties) have seen their equity increase by a total of $908.4 billion since the fourth quarter 2016, an increase of 12.2%, year over year.” Price Appreciation = Good News for HomeownersFrank Nothaft, CoreLogic’s Chief Economist, explains: “Home-price growth has been the primary driver of home-equity wealth creation. The … (1 comments)
columbus home selling: 4 Reasons to Sell This Spring [INFOGRAPHIC]
- 03/12/18 05:25 PM
4 Reasons to Sell This Spring [INFOGRAPHIC]Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the time has come for you and your family to move on and start living the life you desire. Ready to sell now. Get your instant home value in 15 seconds or less You might also enjoy reading... Top 5 Reasons to Hire a Real Estate Professional When … (1 comments)
columbus home selling: Latest NAR Data Shows Now Is a Great Time to Sell!
- 03/05/18 04:48 PM
Latest NAR Data Shows Now Is a Great Time to Sell! We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. Two major reports released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house. Let’s look at the data covered in the latest REALTORS® Confidence Index and Existing Home Sales Report. REALTORS® CONFIDENCE INDEXEvery month, NAR surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions.” This month, the index showed (again) that homebuying demand continued to outpace the supply of homes … (1 comments)
Buyer Demand Still Outpacing the Supply of Homes for SaleThe price of any item is determined by the supply of that item, as well as market demand. 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.
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