Monthly Archives: January 2016

//January

Existing Home Sales Bounce Back [INFOGRAPHIC]

Some Highlights: Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded. Inventory levels are still below historic norms at 3.9-months supply. Median home price is up 7.6% from last year, marking the 46th consecutive month with year-over-year price gains.

By |2018-11-16T12:40:41+00:00January 29th, 2016|For Buyers, For Sellers, Infographics, Pricing|0 Comments

Thinking of Selling? Why Now May Be The Time

It is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their home on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the spring [...]

By |2018-11-16T12:40:41+00:00January 28th, 2016|For Sellers|0 Comments

A Million+ Boomerang Buyers about to Enter Market

TransUnion recently released the results of a new study titled “The Bubble, the Burst and Now - What Happened to the Consumer?” The study revealed that 1.5 million homeowners that were negatively impacted by the housing crisis could re-enter the housing market in the next three years. TransUnion defined “negatively impacted” as… “…those who were 60+ days [...]

By |2018-11-16T12:40:41+00:00January 27th, 2016|For Buyers, Housing Market Updates|0 Comments

Where Are Interest Rates Headed This Year?

With interest rates still below 4%, many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year. If you look at what the four major reporting agencies are predicting for 2016, it may make the decision for you. The chart below averages the [...]

Existing Home Sales Rebound in December

The National Association of Realtors (NAR) just released their latest Existing Home Sales Report on Friday. Sales of existing homes rose by the largest increase ever recorded as they rebounded 14.7% over November’s numbers and now stand at 7.7% higher than a year ago. While this is great news for the housing market, let’s take [...]

By |2018-11-16T12:40:41+00:00January 25th, 2016|For Sellers, Housing Market Updates|0 Comments
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