remax agent fort myers: How Low Inventory May Impact the Housing Market This Fall
- 09/22/20 05:48 PM
Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes, looking to capitalize on today’s historically low interest rates, but there just aren’t enough houses for sale to meet that growing need. Sam Khater, Chief Economist at Freddie Mac, explains: “Mortgage rates have hit another record low due to a late summer slowdown in the economic recovery…These low rates have ignited robust purchase demand activity…However, heading into the fall it will be difficult to … (9 comments)
remax agent fort myers: Today’s Homebuyers Want Lower Prices. Sellers Disagree.
- 04/20/20 02:46 PM
The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even sparking some buyers to search for a better deal on a home. Sellers, however, aren’t offering a discount these days; they’re holding steady on price. According to the most recent NAR Flash Survey (a survey of real estate agents from across the country), agents were asked the following two questions: 1. “Have any of your sellers recently reduced their price to … (8 comments)
remax agent fort myers: Housing Inventory Vanishing: What Is the Impact on You?
- 01/19/20 09:17 AM
The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory in two years. The report explains: “Last month saw the largest year-over-year decline of housing inventory in almost three years with a dramatic 12 percent decline, pushing the number of homes for sale in the U.S. to the lowest level since January 2018.” The report also revealed that the decline in inventory stretches across all price points, … (3 comments)
If you are looking to buy or sell a property this year in the areas of Cape Coral, Fort Myers, Lehigh Acres, Estero, Bonita Springs or Naples, FL please give me a call for a free consultation and I will help you to achieve your real estate goals! Abby Stiller - Realtor with ReMax Realty Group - Hablo Español 239-284-8637
Neighborhood AnalysisThe easiest way for you to analyze home listings and sales in your neighborhood! Just type in your address below … (3 comments)
Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale.
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